Compulsive Buying And Financial Factors: Evidence From Turkey

Abstract

This research examines the relationships between compulsive buying and financial factors such as: Moneyattitudes, credit card use and perceived financial well-being. Findings showed that power-prestige has anegative and significant effect and anxiety, compulsive buying and credit card use have a positive andsignificant effect on perceived financial well-being. Power-prestige and credit card use have a positive andsignificant effect on compulsive buying. Retention-time has a negative and significant effect on credit carduse. Different from past studies, the current study combines money attitudes, credit card use, andcompulsive buying with perceived financial well-being from the point of younger Turkish consumers.