Predictors of Credit Card Use and Perceived Financial Well-Being in Female College Students: A Brazil-United States Comparative Study

International Journal of Consumer Studies, 2015, DOI: 10.1111/ijcs.12234

Posted: 30 Aug 2015

See all articles by Danilo Santos

Danilo Santos

Getulio Vargas Foundation (FGV) - Sao Paulo School of Business Administration

Wesley Mendes-Da-Silva

Getulio Vargas Foundation (FGV) - Finance, Accounting and Controllership Department of Fundação Getulio Vargas (São Paulo, Brazil)

Eduardo Flores

University of São Paulo - School of Economics, Business and Accounting

Jill Norvilitis

SUNY Buffalo State College

Date Written: August 10, 2015

Abstract

This article examines predictors of the financial well-being of female college students living in São Paulo or New York, focusing upon the relationship with their credit card use behaviour. The results of structural equation models, based on 784 participants, suggest that financial self-confidence and social comparison have an impact on the use of credit cards and exercise an influence on financial well-being. Despite the fact that social comparison is more strongly predictive of credit card use among Brazilian women, credit card use behaviour has a greater impact on the well-being of American women.

Keywords: Social comparison, Credit card use, Well-being, College students

Suggested Citation

Santos, Danilo and Mendes-Da-Silva, Wesley and Flores, Eduardo and Norvilitis, Jill, Predictors of Credit Card Use and Perceived Financial Well-Being in Female College Students: A Brazil-United States Comparative Study (August 10, 2015). International Journal of Consumer Studies, 2015, DOI: 10.1111/ijcs.12234, Available at SSRN: https://ssrn.com/abstract=2652921

Danilo Santos

Getulio Vargas Foundation (FGV) - Sao Paulo School of Business Administration ( email )

Sao Paulo
Brazil

Wesley Mendes-Da-Silva

Getulio Vargas Foundation (FGV) - Finance, Accounting and Controllership Department of Fundação Getulio Vargas (São Paulo, Brazil) ( email )

Sao Paulo 01313-902, São Paulo
Brazil

Eduardo Flores

University of São Paulo - School of Economics, Business and Accounting ( email )

Rua Luciano Gualberto, 315
São Paulo, São Paulo 14800-901
Brazil

Jill Norvilitis (Contact Author)

SUNY Buffalo State College ( email )

1300 Elmwood Ave
Buffalo, NY 14222
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
305
PlumX Metrics