Graduate Program

College Student Affairs

Degree Name

Master of Science (MS)

Semester of Degree Completion

Summer 2020

Thesis Director

Eric S. Davidson

Thesis Committee Member

Michael D. Gillespie

Thesis Committee Member

Katherine A. Shaw


The purpose of this study was to explore the relationship between traditional-aged college students and their parents perceived financial behaviors. It utilized Dew and Xiao’s Financial Management Behavior Scale (FMBS) (2011). Past research indicated that there is a positive impact between a parent’s involvement in students’ academic endeavors, however little research explored the relationship between their impact on a young adults’ financial behaviors. Students’ were asked a series of questions from the FMBS rating their actual financial behaviors. These results were compared to their perception of their parent’s financial behaviors in the following categories: money management, credit management, savings management, insurance management, and their overall financial management. Results indicate no significance in overall student financial scores compared to perceived parent behaviors, however, further analysis suggests a relationship between specific financial behaviors. Additional findings, discussion, and recommendations are included in chapter five.