Positive Health and Financial Practices: Does Budgeting Make a Difference?
This study explored relationships between the practice of following a hand-written or computer-generated budget and the frequency of performance of positive personal health and financial practices. Data were collected from an online quiz completed by 942 adults, providing a simultaneous assessment of individuals' health and financial practices. Findings of multivariate analyses indicated positive and statistically significant relationships between the practice of using a budget and 18 positive health and financial practices. Specifically, the results suggested that consumers who reported following a budget more often scored higher in both the health and financial practice indexes. Six implications for family and consumer sciences (FCS) professionals are provided.
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Document Type: Research Article
Publication date: March 1, 2017
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