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Sex Differences in Money Pathology in the General Population

Furnham, A; von Stumm, S; Fenton-O’Creevy, M; (2014) Sex Differences in Money Pathology in the General Population. Social Indicators Research 10.1007/s11205-014-0756-x. Green open access

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Abstract

This study examined sex differences in money beliefs and behaviours. Over 100,000 British participants completed two measures online, one of which assessed “money pathology” (Forman in Mind over money, Doubleday, Toronto, 1987), and the other four “money types”, based on the emotional associations of money (Furnham et al. in Personal Individ Differ, 52:707–711, 2012). Nearly all measures showed significant sex differences with medium to large effect sizes, and with females exhibiting more “money pathology” than males. The biggest difference on the money types was on money being associated with generosity (money representing love) where men scored much lower than females, and autonomy (money representing freedom) where men scored higher than women. For men, more than women, money represented Power and Security. Men were more likely to be Hoarders while women did more emotional regulatory purchasing. Implications and limitations of this study are discussed.

Type: Article
Title: Sex Differences in Money Pathology in the General Population
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/s11205-014-0756-x
Publisher version: http://dx.doi.org/10.1007/s11205-014-0756-x
Additional information: Copyright © The Author(s) 2014. This article is published with open access at Springerlink.com. This article is distributed under the terms of the Creative Commons Attribution License which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited.
Keywords: Money, Sex, Pathology, Gender
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences
URI: https://discovery.ucl.ac.uk/id/eprint/1466482
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