Table 12

Summary of differences by rotation type

AspectVarimaxQuartimaxObliminPromax
Type of rotationOrthogonalOrthogonalObliqueOblique
Relationship between factorsIndependentIndependentCorrelatedCorrelated
Main focusBasic principles of financial stabilityComprehensive financial securityInterconnection of financial decisionsReflection on complex financial habits
Example of relevant item“I maintain a healthy credit history”“I have liquid savings available for emergencies”“I have developed strategies to avoid getting into debt.”“I have implemented habits to spend less than I earn.”
Suggested applicabilityBasic financial educationPrevention and savings policiesResearch with a systemic approachAdvanced educational programs
Source(s): Authors

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