Lawrence Lam|Mary Lam
The association between financial literacy and Problematic Internet Shopping in a multinational sample
Tung Wah College|University of Technology Sydney|University of Technology Sydney
examine association financial literacy problematic internet shopping adults crosssectional online survey recruited participants aged 18 60 years online research facility sample consisted multinational participants mainly three continents including europe north america asia problematic internet shopping assessed using bergen shopping addiction scale bsas financial literacy measured financial literacy subscale financial wellbeing questionnaire multiple linear regression analyses conducted elucidate relationship study outcome variables adjustment potential risk factors total 997 respondents average age 309 sd 88 135 138 could classified high risk problematic internet shoppers results multiple regression analyses suggested significant negative relationship financial literacy problematic internet shopping regression coefficient 013 controlling effects potential risk factors age region birth employment income shopping frequency selfregulation anxiety 642 p 0001 clinical management pis include financial counselling component treatment regime enhancement financial literacy general population particularly among young people likely positive effect occurrence pis