The role of time preference and credit card usage in compulsive buying behaviour

2008 ◽  
Vol 32 (3) ◽  
pp. 269-275 ◽  
Author(s):  
Pamela S. Norum
Keyword(s):  
Credit Card ◽  
Time Preference ◽  
Compulsive Buying ◽  
Buying Behaviour ◽  
Credit Card Usage

Effects of credit card usage on young Brazilians’ compulsive buying

2014 ◽  
Vol 15 (2) ◽  
pp. 111-124 ◽  
Author(s):  
Tania Modesto Veludo-de-Oliveira ◽  
Marcelo Augusto Falciano ◽  
Renato Villas Boas Perito
Keyword(s):  
Focus Group ◽  
Credit Card ◽  
Compulsive Buying ◽  
Price Sensitivity ◽  
Focus Group Interviews ◽  
Content Type ◽  
Group Interviews ◽  
Buying Behaviour ◽  
Credit Card Usage ◽  
The Relationship

Purpose – The purpose of this study is to assess the moderating and mediating roles of credit card usage in the relationship between money attitudes (i.e. power-prestige, retention-time, distrust and anxiety) and compulsive buying behaviour. Design/methodology/approach – The research design comprised a cross-sectional survey and two focus-group interviews. A structured questionnaire was completed by 365 young credit card users in São Paulo in Brazil, and two focus group discussions were conducted comprising six participants each. Findings – Results showed that misuse of credit cards significantly increased compulsive buying among individuals with high levels of anxiety. Credit card usage partially mediates the relationship between compulsive buying and three variables established in the literature: power-prestige, retention-time and anxiety. Credit card usage did not significantly mediate the effect of distrust (or price sensitivity) on compulsive buying behaviour. Respondents’ price sensitivity did not by itself reduce levels of usage, though it did have an effect on overspending in conjunction with the other factors studied. The key themes that emerged from the focus-group interviews enhanced the survey’s results with greater in-depth understanding. Originality/value – This study was the first to compare the moderating and mediating effects among the four elements of money attitudes and compulsive buying behaviour. It addresses the issue of financial literacy, money management and overspending – a special concern for today’s emerging economies – in a Brazil, Russia, India and China (BRIC) country.

Compulsive Buying Behaviour of Credit Card Users and Affecting Factors Such as Financial Knowledge, Prestige and Retention Time: A Cross-sectional Research

2021 ◽  
pp. 097226292098142
Author(s):  
Rahul Khandelwal ◽  
Ashutosh Kolte ◽  
Nitin Veer ◽  
Pratik Sharma
Keyword(s):  
Retention Time ◽  
Financial Stability ◽  
Credit Card ◽  
Compulsive Buying ◽  
Financial Knowledge ◽  
Affecting Factors ◽  
Cross Sectional ◽  
Credit Card Market ◽  
Buying Behaviour ◽  
Credit Card Usage

A leading concern in client and vender relations is that the rising new situation of influence deploying of the credit card market. This situation is accountable for compulsive buying, which has disapprovingly exaggerated consumers, leading to impossible debt levels. Financial counsellors search for why and how individuals get themselves into financial debt. Compulsive buying behaviour and credit card could have a powerful effect on consumers’ financial stability. Further, in place of comprehending credit card usage and compulsive buying, this study correlates them with wealth attitudes such as power-prestige, financial knowledge and retention time. A cross-sectional descriptive research design using convenience sampling and non-probability sampling with quota samples of 313 credit cardholders was surveyed. The outcome showed that those with power-prestige money attitudes are likely to have free usage of credit cards through compulsive spending. Results also showed that those with a higher financial understanding have lower compulsive spending off the credit card.

Compulsive Buying Behavior in College Students: The Mediating Role of Credit Card Misuse

2011 ◽  
Vol 19 (1) ◽  
pp. 81-96 ◽  
Author(s):  
Kay M. Palan ◽  
Paula C. Morrow ◽  
Allan Trapp ◽  
Virginia Blackburn
Keyword(s):  
College Students ◽  
Credit Card ◽  
Compulsive Buying ◽  
Buying Behavior ◽  
Mediating Role

Effect of family environment on adolescent compulsive buying: mediating role of self-esteem

2016 ◽  
Vol 28 (3) ◽  
pp. 396-419 ◽  
Author(s):  
Rashmi Singh ◽  
Jogendra Kumar Nayak
Keyword(s):  
Structural Equation ◽  
Compulsive Buying ◽  
Self Esteem ◽  
Content Type ◽  
Mediating Role ◽  
Adolescence Period ◽  
Buying Behaviour ◽  
Adolescent Relationship ◽  
The Relationship

Purpose – The purpose of this paper is to investigate the mediating role of self-esteem in the relationship between parent-adolescent relationship and adolescent compulsive buying behaviour. Using a sample of 300 adolescents (15-18 years) in India and the structural equation modelling technique, the findings reveal that self-esteem mediates the relationship between parent-adolescent relationship and adolescent compulsive buying behaviour. Design/methodology/approach – The present study is the first to experimentally manipulate important parent-adolescent relationship and measures its impact on compulsive buying among a sample of 15-18-year old adolescents. Next, the authors investigate the mediating role of self-esteem for the above relationship. Confirmatory factor analysis and structural equation modelling have been used in the study. Findings – The study also establishes that familial conflict and cohesion acts as major sources of adolescent compulsivity. The authors have also examined the mediating role of self-esteem on the above relationships and found that adolescents’ compulsivity varies with the level of self-esteem (i.e. higher level of self-esteem leads to lower levels of adolescents’ compulsivity). The practical and theoretical implications are discussed within the context of adolescents’ compulsivity. Originality/value – The study makes some inimitable and significant contributions to the literature. It portrays one of few studies to investigate compulsive buying during adolescence period – a hard to reach population. Here authors experimentally manipulate parent-adolescent relationship to investigate its impact on compulsive buying. The study’s findings in regard to mediating effect of self-esteem on the parent-adolescent relationship and adolescents’ compulsive buying behaviour suggest that compulsive buying begins during adolescence period and is a common coping strategy for both boys and girls.

scholarly journals Effect of Marketing Practices on Credit Card Usage: The Mediating Role of Consumer Attitudes

2019 ◽  
Vol 1 (1) ◽  
pp. 16-27
Author(s):  
Dorcas Achieng Kerre
Keyword(s):  
Credit Card ◽  
Consumer Attitudes ◽  
Mediating Effect ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Mediating Role ◽  
Two Factors ◽  
Credit Card Usage ◽  
The Relationship

Credit card use has gained popularity throughout the world.  Banks introduce the credit card service as a way of improving their revenue streams. However, in Kenya, the rate of growth in usage has rather been slow. This research surveyed credit card holders in Nairobi, Kenya with a view to investigate the effect of marketing practices on credit usage and whether consumer attitudes had a mediating effect between the two factors.   A cross-sectional survey was conducted by administering a structured questionnaire to 380 respondents. The study established that marketing practices affect credit card usage and that consumer attitudes did not significantly mediate the relationship between marketing practices and credit card usage. This paper makes a valuable contribution to managerial practice by showing how the elements of the extended marketing mix affect credit card usage. Thus it serves to inform the implementation of marketing strategy in banks by guiding on which aspects of marketing should be emphasised so as to increase credit card usage.

Gluttony as predictor of compulsive buying behaviour

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Luigi Piper ◽  
Andrea Sestino ◽  
Gianluigi Guido
Keyword(s):  
Personality Traits ◽  
Positive Impact ◽  
Compulsive Buying ◽  
Two Dimensions ◽  
Moderating Effects ◽  
Content Type ◽  
Effective Strategies ◽  
Buying Behaviour ◽  
The Relationship

PurposeThe main purpose of this research is to evaluate Gluttony's role in consumers' compulsive buying behaviour. Specifically, the authors want to identify the main psychological antecedents of the construct (expressed with the Big Five) and the moderating effects of shopping motives (in the two dimensions hedonism and utilitarianism).Design/methodology/approachThe hypotheses were tested by applying survey data from 335 participants to a mediation model with a moderator.FindingsThe results show that consciousness adversely affects gluttony, while neuroticism has a positive impact on it. Gluttony, in turn, mediates the relationship between these personality traits and compulsive buying behaviour. Finally, contrary to what might be expected, only utilitarianism accentuates the effect of gluttony on compulsive buying behaviour.Practical implicationsUsing these results, managers and policymakers can create more effective strategies for their commercial or awareness initiatives.Originality/valueThis study clarifies the role of gluttony in consumer behaviour by identifying the underlying personality traits.

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