Technology Use in Everyday Financial Activities: Evidence from Online and Offline Survey Data.

ABSTRACT:

Objective

Internet use and mobile devices permeate every aspect of our lives and are changing our financial habits. Assessment of financial decision-making (FDM) has not yet caught up to apparent changes in financial behavior. To modernize assessment methods and create current and comprehensive FDM frameworks, we first need to establish the most commonly used and most preferred methods of performing specific financial activities.

Method

Cross-sectional survey data were collected using an online platform and offline approaches (in person and by mail) (N = 234). The frequency of using technological (e.g., laptop) and non-technological (e.g., in-person banking) means of completing seven financial activities was assessed first, including Depositing checks, Reviewing bank stateme

SUBMITTER: Sunderaraman P 

PROVIDER: S-EPMC7244884 | biostudies-literature | 2020 May

REPOSITORIES: biostudies-literature