STATISTICAL STUDY OF MONETARY ATTITUDES OF YOUTH
The paper regards the author's approach to identifying attitudes of young people toward money. Research based on empirical data of a survey of students held at universities in south Russia. The authors identified seven monetary attitudes of youth based on factor analysis. It is revealed that most of the young people are characterized by irrational attitude toward money. Monetary attitudes “Wastefulness/Power”, “Subjective insufficiency” and “Retention/Caution” are significantly related to gender and more pronounced among women. It is revealed that monetary attitude “Subjective insufficiency” reduces the tolerance to financial deviations. Two groups of students by their propensity to wastefulness are identified.