JOURNAL ARTICLE

Exploring Gender- and Race-Based Financial Stereotypes in Black and White College Students.

  • Published In: Journal of Financial Counseling & Planning, 2023, v. 34, n. 1. P. 32 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Dzokoto, Vivian; Hagiwara, Nao; Belgrave, Faye 3 of 3

Abstract

Financial behavior disparities across race and gender persist in the United States. Historical and structural factors contribute to such disparities. It is important to understand the psychological mechanisms underlying these disparities to begin to achieve wealth equity. This study addressed one potentially relevant psychological construct: stereotypes about financial behaviors. Using a sample of 114 college students from a large public university, the study explored societally held beliefs about financial behaviors. The results showed that White men were generally viewed as more financially competent than White women, who were viewed as more financially competent than Black men and Black women. Implications for financial education and financial behaviors are discussed. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Journal of Financial Counseling & Planning. 2023/01, Vol. 34, Issue 1, p32
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • ISSN:1052-3073
  • DOI:10.1891/JFCP-2021-0020
  • Accession Number:163161660
  • Copyright Statement:Copyright of Journal of Financial Counseling & Planning is the property of Springer Publishing Company, Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.