Table 3

Measurement model results

ConstructStandardized factor loadingsCronbach’s alphaComposite reliability (CR)Average variance extracted (AVE)
Family financial socialization 0.8660.8650.519
FFS10.770   
FFS20.790   
FFS30.811   
FFS40.610   
FFS50.612   
FFS60.704   
Financial attitude 0.9120.9120.634
FA10.811   
FA20.789   
FA30.845   
FA40.811   
FA50.794   
FA60.721   
Financial self-efficacy 0.8730.9130.636
FSE10.646   
FSE20.675   
FSE30.815   
FSE40.857   
FSE50.785   
FSE60.632   
Financial well-being 0.7260.8530.661
FWB10.861   
FWB20.726   
FWB30.601   

Source(s): Data analysis by researcher

[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close Modal
Close Modal