The Role of Financial Identity Processes in Financial Behaviors and Financial Well-Being

Rimantas Vosylis, Angela Sorgente, Margherita Lanz

Risultato della ricerca: Contributo in rivistaArticolo in rivista


Financial identity formed during emerging adulthood is important for the regulation of youth financial behaviors, decisions, and long-term financial goals. This three-wave short-term longitudinal study investigates how youth develop a distinct manner of approaching and managing personal finances and reveals the structure and dynamics of financial identity development during emerging adulthood. Using the cross-lagged panel model analysis, it also investigates longitudinal reciprocal associations between financial identity processes, financial behaviors, and financial well-being of emerging adults. The sample consists of 533 Lithuanian higher education students (56.8% women; Mage = 18.93, SDage = 0.71) who took part in three assessment waves. The findings support the use of the three-factor model of financial identity formation and show that financial identity formation is shaped by emerging adults’ financial situation and contribute to the formation of financial behaviors and financial well-being. Practical implications of study results are also discussed.
Lingua originaleEnglish
pagine (da-a)1132-1145
Numero di pagine14
RivistaEmerging Adulthood
Stato di pubblicazionePubblicato - 2022


  • emerging adulthood
  • financial capabilities
  • financial identity
  • financial well-being
  • positive financial behaviors


Entra nei temi di ricerca di 'The Role of Financial Identity Processes in Financial Behaviors and Financial Well-Being'. Insieme formano una fingerprint unica.

Cita questo