The Influence of Parental Financial Socialisation Techniques on Student Financial Behavior

The financial behavior of young adults is influenced by their parents’ financial socialization. This study examined the impact of various parental financial socialization techniques on the financial behavior of college students. The findings indicate that the financial behavior of young adults was influenced by some parental financial socialization techniques (e.g., financial teaching and monitoring), but not by other techniques (e.g., financial secrecy).