Money Attitudes, Credit Card Use, and Compulsive Buying among American College Students Academic Article uri icon


  • The consumer culture has evolved into one of the most powerful forces shaping individuals and societies (Roberts and Sepulveda 1999 a, b). The desire to become a member of the consumer culture appears to be universal (Droge and Mackoy 1995). Changing attitudes toward money arc an important catalyst behind the spread of the consumer culture. Money is important - especially to American college students who have been raised in a credit card society where debt is used freely (Ritzer 1995). Schor (1998) believes that access to easy credit is one of the causes of overspending. Using a causal modeling approach, the present study investigated the role money attitudes and credit card use play in compulsive buying within a sample of American college students (see Figure 1). Findings suggest that the money attitudes power-prestige, distrust, and anxiety (Yamauchi and Templer 1982) are closely related to compulsive buying and that credit card use often moderates these relationships. Study results have important public policy, marketing, and research implications. Copyright 2001 by The American Council on Consumer Interests.

published proceedings

  • Journal of Consumer Affairs

altmetric score

  • 3

author list (cited authors)

  • ROBERTS, J. A., & JONES, E.

citation count

  • 364

complete list of authors


publication date

  • December 2001