The Role of Income Volatility and Perceived Locus of Control in Financial Planning Decisions

Two studies examine whether income volatility might lead to greater personal financial insecurity and might create a decision environment that discourages planning ahead on personal finances. In Study 1 (N = 982), participants who reported more month-to-month variability in their actual income were...

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Bibliographic Details
Main Authors: Johanna Peetz, Jennifer Robson, Silas Xuereb
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-05-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.638043/full