This pilot study examined the influence of Credit Wise Cats, a financial education seminar presented by Students in Free Enterprise, on the attitudes, knowledge, and intentions toward financial responsibility of college students (N = 93). Findings suggest that the seminar effectively increased students' financial knowledge, increased responsible attitudes toward credit and decreased avoidant attitudes towards credit from pre-test to post-test. At post-test, students reported intending to engage in significantly more effective financial behaviors and fewer risky financial behaviors. Finally, demographic factors (e.g., gender and employment status) predicted students' financial knowledge, attitudes, and behaviors. These results suggest that a seminar format may be useful in reaching a wider audience of college students and, thus, warrants future longitudinal evaluation.
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Acknowledgments This research was funded in part by the Take Charge America Institute at the University of Arizona. We wish to thank Melinda Burke, Marcia Klipsch, Emmanuel Morales, Steve Marks, Margaret Stone, the program leaders of the Credit Wise Cats’ seminars, Tara Luckau, Arlie Roth, Selam Tecle, and Amelia Harrison for their assistance.
- College students
- Financial attitudes
- Financial behavior
- Financial education
- Financial knowledge