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Credit Card and Financial Well-Being Among Females

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Individual Behaviors and Technologies for Financial Innovations

Abstract

The literature documents the impact of credit card use on people’s financial well-being, including special interest in women’s credit card behavior. This chapter examines predictors of the financial well-being for female college students living in São Paulo City (Brazil) or New York City (United States), focusing upon behaviors regarding credit card use. The results of structural equation models, based on 784 participants, suggest that financial self-confidence and social comparison impact the respondents’ habits surrounding credit card use and, more largely, influence financial well-being. Although social comparison is more strongly predictive of credit card use among Brazilian women, credit card use behavior has a greater impact on the well-being of American women.

Portions of this chapter appeared in the 2016 paper “Predictors of credit card use and perceived financial well-being in female college students: a Brazil-United States comparative study,” International Journal of Consumer Studies, vol 40, pp 133–142.

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Author information

Authors and Affiliations

  1. Federal University of Sao Paulo (UNIFESP), Osasco, SP, Brazil

    Danilo Braun Santos

  2. Sao Paulo School of Business Administration (FGV/EAESP), Sao Paulo, SP, Brazil

    Wesley Mendes-Da-Silva

  3. University of Texas at Austin, Austin, TX, USA

    Wesley Mendes-Da-Silva

  4. State University of New York, Buffalo, NY, USA

    Jill M. Norvilitis

  5. University of São Paulo, São Paulo, SP, Brazil

    Eduardo da Silva Flores

Authors
  1. Danilo Braun Santos
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  2. Wesley Mendes-Da-Silva
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  3. Jill M. Norvilitis
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  4. Eduardo da Silva Flores
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Editor information

Editors and Affiliations

  1. Sao Paulo School of Business Administration (FGV/EAESP), Sao Paulo, SP, Brazil

    Wesley Mendes-Da-Silva

  2. University of Texas at Austin, Austin, TX, USA

    Wesley Mendes-Da-Silva

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Santos, D.B., Mendes-Da-Silva, W., Norvilitis, J.M., da Silva Flores, E. (2019). Credit Card and Financial Well-Being Among Females. In: Mendes-Da-Silva, W. (eds) Individual Behaviors and Technologies for Financial Innovations. Springer, Cham. https://doi.org/10.1007/978-3-319-91911-9_5

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