Lucía Rey?Ares|Sara Fernández López|Sandra Castro?González|David Rodeiro Pazos
Does self-control constitute a driver of millennials’ financial behaviors and attitudes?
Universidade da Coruña|Universidade de Santiago de Compostela|Universidade de Santiago de Compostela|Universidade de Santiago de Compostela
millennials currently facing particular financial challenges condition future financial wellbeing society whole decisionmaking process happening worse circumstances preceding generations however studies date deeply analyzed millennials financial behaviors particularly selfcontrol operationalizes financial choices using data 2017 survey financial competences spanish individuals paper analyzes selfcontrol influences different financial behaviors attitudes whether effect differs millennials older generations results indicate selfcontrol influence individuals financial attitudes regardless generation whereas case financial behaviors millennials exhibiting highest levels selfcontrol affected deciding saving account personal loan outcomes numerous significant implications addition providing recommendations policy makers aimed engaging millennials healthier financial behaviors