Math Anxiety and Financial Anxiety Predicting Individuals’ Financial Management Behavior

Background. In managing finances, people need to process various financial texts containing math (e.g., amount of money and mathematical concepts) information funds bonds). Such could trigger anxiety related finance; however, previous literature has rarely investigated the prediction role contextual on management behavior. Therefore, current study examined how are individuals’ behavior assessed by self-report objective observation, respectively. Methods. Study 1 186 employees with scale, scale explore predicted 2 used a “choice/no choice” paradigm observe high ( n = 50 ) low id="M2"> 53 groups chose (or avoided) between task finance (as measurement avoidance). Results. showed that fully mediated negative relationship mediating effect size was −0.24, id="M3"> 95 % CI − 0.34 , 0.16 . And compared id="M4"> r 0.24 , id="M5"> p < 0.01 ), id="M6"> 0.45 id="M7"> stronger predictor revealed that, anxiety, those were 2.75 times more likely choose avoidance. Conclusions. People’s can be (especially former), two types seem derive from an irrational self-perception rather than actual ability. So, reducing should come first motivate manage finances.