Construct · 1 fields · 1 citations

financial locus of control: a standalone construct

One name. One construct. A landmark on the map.

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Consumer finance

believing one's financial outcomes depend on one's own actions rather than luck or others, linked to more responsible financial behavior.

In consumer finance, financial locus of control refers to believing one's financial outcomes depend on one's own actions rather than luck or others, linked to more responsible financial behavior. This meaning comes from Perry (2005) in Journal of Consumer Affairs.[1]

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Nearby constructs

control4 fields · 5 citationsjingle · one word, four constructs locus of control5 fields · 9 citationsjingle · one word, five constructs locus3 fields · 8 citationsjingle · one word, three constructs

References

Perry, V. G., & Morris, M. D. (2005). Who Is in Control? The Role of Self‐Perception, Knowledge, and Income in Explaining Consumer Financial Behavior. Journal of Consumer Affairs, 39(2), 299-313. https://doi.org/10.1111/j.1745-6606.2005.00016.x

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