Factors related to being in higher income categories


DeVaney, S. A., & Anong, S. T. (2007). Income quintiles: Examining changes in the characteristics of respondents. Financial Counseling and Planning, 18(2), 19-34.

Brief Description: This study identified characteristics of Survey of Consumer Finances (SCF) respondents in different income distribution quintiles in 1998, 2001, and 2004. Characteristics associated with being in the upper and upper-middle income quintiles included age, education, homeownership, luxury vehicle ownership, and regular savings. Variables that were not significant included gender and family type and attitude …

Effect of Personal Financial Knowledge on College Students’ Credit Card Behavior


Robb, C.A. and Sharpe, D.L. (2009). Effect of Personal Financial Knowledge on College Students’ Credit Card Behavior. Association for Financial Counseling and Planning Education. 25-43.

Abstract: Analysis of survey data collected from 6,520 students at a large Midwestern University affirmed that financial knowledge is a significant factor in the credit card decisions of college students but not entirely in expected ways. Results of a double hurdle analysis indicated that students with relatively higher levels of financial knowledge were not significantly …

Military discharge papers

To obtain copies of military discharge papers, request Standard Form 180 (SF-180) from any office of the Veterans Administration, American Legion, Veterans of Foreign Wars, or Red Cross or from other veterans associations or military recruiters. You can also download Standard Form 180 from the National Personnel Records Center. Click here to download form SF-180. Send the completed form to:

National Personnel Records Center
Military Personnel Records
9700 Page Avenue
St. Louis, MO 63132-5100

The National Personnel Records Center …

Financial Security: Consumer Credit

Credit can be a successful financial management tool. Using credit allows you flexibility in managing your budget to purchase goods and services when they are needed the most, not when you have the cash on hand to pay for them. You are offered credit because people trust you to repay them within a stated period of time.

Example of credit cards, (c) FreeFoto.com
“Credit Cards” by FreeFoto.com, CC BY-NC-ND 3.0

Consumer credit takes many forms, including installment loans, credit cards, department store revolving charge accounts, home …