College Students Spending Behavior - 688 Words

Introduction As the world turn and decades past, what the generation of yesterday is different to the generation of today. Everything changes because nothing is constant, even the slightest factors of people’s lives will change. The spending behavior of students today is rather different from before leaving a question of what could be the spending factors of students today be. According to Neill Valentine D’Silva (2008) in his article about college spending habits, Students are getting more and more into consumerism every day. Students who used to live away from their home, there are too much of brand awareness and increase the chances of students buying things that they don’t need leaving mass media a factor. Going to college is every one’s time to experience living independently. It is a highly priced course that is often misunderstood by the parents as â€Å"cheap†. Spending behavior is commonly a behavior affecting the way a person use their money in order to satisfy their wants and needs without any use of control. The way on how students manage their own money may become a behavior that may be a difficult thing to change, for behavior had been influenced by what are the surroundings. But, according to Norvilitis (2006) there are several factors that may matter about the manner on which college students manage their money, such as age, personality traits and knowledge. One must have enough prior background knowledge about finance that may take responsibility for themShow MoreRelatedFactors that Affect the Spending Behavior853 Words   |  3 PagesTo obtain the needed information and data, the researchers conducted a survey between the selected college students of De L a Salle Lipa. This is to gather the needed information on The Factors that Affect the Spending Behavior of a College Student. The researchers made use of Descriptive research method in collecting data and for the questionnaires. Survey questions/questionnaires were used for the collection of information. It was prepared by the researchers in a clear, not too long and simple wayRead MoreStudent Body At The University Of South Florida1327 Words   |  6 Pagesconsisted of examining our target market, the student body at the University of South Florida. With our combined efforts, we have conducted the proper research and comprised the following report to explain our findings. Statistics of USF Students According to the 2014-2015 USF System Fact Book, there are 30,324 undergraduate and 9,135 graduate students on the Tampa, FL campus. Within those statistics, the following details consist within the student population: †¢ Male 13,752 (45% ) †¢ Female 16,566Read MorePerception1209 Words   |  5 Pagesfather by claiming his father is brilliant and did not have any trouble in school versus himself who is struggling to pull C’s. Jim feels that no matter how hard he tries he will never be an A student because he is using a self-servicing bias that college is more difficult than when his father went to college and he has no control of the difficulty (Wood, 2012). Jim is attributing his grades to external forces, such as more difficult material, and believes that no matter how much studying he will notRead MoreProcrastination And Its Effects On Students1300 Words   |  6 PagesEveryday students procrastinate. This is not something new, however. Procrastination is a behavior that started a long time ago. It is a phenomenon as old as the universe. Most students are seen procrastinating every day. Zarick Stonebraker (2009) conducted a survey among students. They wrote: As expected, the effects of procrastination are widespread. Only a single student claimed â€Å"never† to be affected by procrastination in any of the three categories and 42 percent admitted that they â€Å"usually†Read MoreThe Cost Of Health Care Services Essay1498 Words   |  6 Pagesfinancial shocks, such as an unexpected health condition and the corresponding impact to savings or the accumulation of debt. Debt associated with a home or car loan is viewed as a necessity while credit card debt is frequently viewed as excessive spending; but in reality, those in severe credit card debt are often those who have experienced a recent job loss and/or health problems (Drentea Lavrakas, 2000). As people age, their health care needs begin to change. An increase in the consumption ofRead MoreNegative Consumer Behavior What is negative consumer behavior and what are the characteristics of a bad customer? How can managers address this issue to ensure success?1490 Words   |   6 PagesNegative Consumer Behavior To fully understand what negative consumer behavior is and what makes a bad customer, we first have to understand what consumer behavior is. In their book, Consumer Behavior: Concepts and Strategies, Berkman and Gilson (1981) say that the American Cultural System, which is made of values and artifacts, strongly influences consumer activity in the United States. In the twentieth century, American Culture reflected a distinct consumption ethic based upon affluenceRead MoreHigh School Vs. College989 Words   |  4 PagesParents tend to elaborate the lives of teenagers as compliant and believe that they have not a care in the world; which is not the case. Students whether high school or college juggle jobs, school and leisure the same way their parents juggle careers and families. Working long hours of part-time jobs are proving to be harmful to the students. Many people contend that working and involving in the society helps teenagers to capture some taste of what’s coming ahead and helps them prepare for that.Read MoreThe Effects Of Social Media On Our Society1559 Words   |  7 Pages2010). Schill (2011) states that the social media sites encourage negative behaviors for teen students such as procrastination catching up with friends , and they are more likely to drink and drug. However, every day, many students are spending countless hours immersed in social media, such as Facebook, Myspace, World of Warcraft, or Sim City. At first glance this may seem like a waste of time, however it also help students to develop important knowlegde and social skills, and be active citizens whoRead MoreGroup Topic:. My Psycho Educational Project Is On Surviving830 Words   |  4 Pagesfreshman year of college. College is a wonderful experience and opportunity in a person s life. College is full of great life experiences, meeting new and exciting people from different backgrounds and a great chance to learn independence and networking skills. College helps builds a per sons mind, confidence and communication skills; it helps guide you into a noble career and figure out what you re are and aren t good at. As enrollment numbers increase, so do the number of students at-riskfor academicRead MoreThe Importance Of State Budgets In Education1482 Words   |  6 Pagesyear and Connecticut colleges and universities leaders are charged with creating a plan to manage the $35 million deficit. Mark Ojakian, president of the Connecticut State College and University System, which is composed of 17 colleges and universities and 12 community colleges, adheres to a student-centered philosophy, which focuses on teaching and learning as a number one priority. To realign the budget, Ojakian’s consolidation plan includes the reduction of community colleges administrators/leaders