SEX, MONEY AND FINANCIAL HARDSHIP - AN EMPIRICAL-STUDY OF ATTITUDES TOWARDS MONEY AMONG UNDERGRADUATES IN SINGAPORE

This study examines the effects of gender and previous experience with financial hardship on people's attitudes toward money in Singapore. T he respondents consisted of 152 undergraduate students who attended ma nagement classes at a local university, Factor analysis of items measu ring attitudes toward money revealed eight distinct dimensions. Logist ic regression analysis was performed to distinguish between males and females, as well as between the 'hardship' and the 'no hardship' group , The results showed some gender differences, with males often using m oney as a means of evaluation compared to females. In addition, the 'h ardship' group was more likely to use money as a form of evaluation, t o have financial anxiety, and to be more generous to the less fortunat e compared to the 'no hardship' group.