What question did this study set out to answer?

To develop and evaluate a standardized psychometric instrument for assessing individual money attitudes derived from clinical and theoretical literature.

October 1, 1982Journal of Personality Assessment

The Development of a Money Attitude Scale

View Full Paper

Ask AI

Bookmark

Authors

KYKent T. YamauchiPasadena City College DTDonald TemplerAlliant International University

Discussion

Member takes

Implication

Psychometric study demonstrates a 29-item Money Attitude Scale across behavioral dimensions, highlighting distinct links between financial attitudes, personality, and psychopathology.

Key Points

To develop and evaluate a standardized psychometric instrument for assessing individual money attitudes derived from clinical and theoretical literature.
Generated an initial pool of 62 items spanning the domains of security, retention, and power-prestige from theoretical literature.
Conducted factor analysis to delineate underlying dimensions and construct a refined 29-item Money Attitude Scale (MAS).
Assessed scale reliability and evaluated correlations between identified money factors, personality traits, and psychopathological measures.
Factor analysis revealed five primary factors: power-prestige, retention-time, distrust, quality, and anxiety.
Constructed the finalized 29-item Money Attitude Scale using four core factors, demonstrating validated reliability alongside meaningful personality and psychopathological correlations.

Cite This Study

Yamauchi et al. (1982) studied this question.

synapsesocial.com/papers/6a109596d478ddac0ffd3889 https://doi.org/10.1207/s15327752jpa4605_14

View Full Paper

Ask AI

Bookmark

Implication

Psychometric study demonstrates a 29-item Money Attitude Scale across behavioral dimensions, highlighting distinct links between financial attitudes, personality, and psychopathology.

The Development of a Money Attitude Scale

Discussion

Member takes

Implication

Key Points

Cite This Study

The Development of a Money Attitude Scale

Discussion

Member takes

Implication

Key Points

Cite This Study

Also Consider

Also Consider