Money Beliefs of College Student

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Although family systems theorists have long emphasized the family as an important influence on the individual's life choices, there is minimal qualitative research relating to Millennial college students and the impact of their families, particularly in the area of financial beliefs and behaviors. The purpose of this qualitative study was the exploration of the phenomenon of family influence on Millennial college students regarding how money messages from parents and grandparents have influenced their own money beliefs and behaviors. Seven college students between the ages of 21-23 were interviewed to gain insight into the perceived impact of family money messages.