Understanding the Drivers of Household Budgeting: How Consumers Budget

Using a nationally-representative survey (N=3,826) and data from an online banking app, this research examines budgeting behaviors and beliefs, including why people do or do not budget, how they categorize their consumption, and how they adjust their behavior when faced with financial shocks. Implications for financial well-being are discussed.


Yiwei Zhang, Abigail Sussman, Jennifer Lyu, and Nathan Wang-Ly (2020) ,"Understanding the Drivers of Household Budgeting: How Consumers Budget", in NA - Advances in Consumer Research Volume 48, eds. Jennifer Argo, Tina M. Lowrey, and Hope Jensen Schau, Duluth, MN : Association for Consumer Research, Pages: 925-929.


Yiwei Zhang, University of Wisconsin - Madison, USA
Abigail Sussman, University of Chicago, USA
Jennifer Lyu, University of Colorado, USA
Nathan Wang-Ly, Commonwealth Bank of Australia


NA - Advances in Consumer Research Volume 48 | 2020

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