| Scale itemsb | Principal component with varimax rotations |
|
| ||||
|
| F1 | F2 | F3 | F4 | F5 | Mean | SD |
| 24. Parents should distinguish between needs and wants | .74 |
|
|
|
| 5.90 | 1.49 |
| 17. I believe that it is important to talk to children about the value of money | .70 |
|
|
|
| 6.01 | 1.06 |
| 23. While shopping, parents should discuss purchasing decisions | .69 |
|
|
|
| 5.15 | 1.21 |
| 21.Children look to their parents as role models for buying habits | .67 |
|
|
|
| 5.75 | 1.09 |
| 22. Parents should discuss television adverts to make children “ad-wise” | .64 |
|
|
|
| 5.20 | 1.26 |
| 20. Parents should exercise strong control over the frequency and content of the television programmes their children watch | .60 |
|
|
|
| 5.72 | 1.16 |
| 16. Parents’ buying habits are important examples to their children of how to spend money | .59 |
|
|
|
| 5.50 | 1.19 |
| 25e We have a home computer | .55 |
|
|
|
| 6.32 | 1.09 |
| 19. Books on parenthood should give advice on shopping and spending | .51 |
|
|
|
| 4.85 | 1.37 |
| 18. Parents experience ‘pester power’ from their children | .36 |
|
|
|
| 5.30 | 1.40 |
| 15. Children should be made aware of the family budget |
| .57 |
|
|
| 4.34 | 1.55 |
| 9. Boys should be given a little more pocket money than Girls |
| .56 |
|
|
| 1.73 | 1.37 |
| 14. A child should pay for breakages around the home |
| .55 |
|
|
| 3.21 | 1.61 |
| 28. If children borrow money from you, they should pay interest on it |
| .52 |
|
|
| 2.65 | 1.62 |
| 30. Children over 16 years should be told about parental incomings and outgoings |
| .52 |
|
|
| 4.46 | 1.65 |
| 29. Parents should encourage their children to occasionally give some of their pocket money (e.g. 30%) to a charity of their choice |
| .47 |
|
|
| 3.95 | 1.73 |
| 11. At least some of a child’s pocket money should be placed in a savings account, or saved in some other manner |
| .40 |
|
|
| 4.63 | 1.50 |
| 3. Pocket money should be paid monthly to older children (over 13) |
| .40 |
|
|
| 4.14 | 1.80 |
| 25b We are regular users of prepared foods |
| .26 |
|
|
| 3.08 | 1.67 |
| 4. Pocket money should always be paid and not be based on the performance of household chores |
|
| .65 |
|
| 4.05 | 1.73 |
| 7. The child should be allowed to make all their own spending decisions |
|
| .62 |
|
| 4.17 | 1.54 |
| 5. Pocket money should never be withheld as punishment or used to influence behaviour |
|
| .57 |
|
| 3.73 | 1.77 |
| 13. A child could be allowed to choose the kind of account in which to keep their savings (even if you may not agree with the choice) |
|
| .49 |
|
| 4.03 | 1.54 |
| 2. Pocket money should be paid weekly to younger children (under 13) |
|
|
| .64 |
| 5.17 | 1.58 |
| 26. All parents should agree with their children what their pocket money should be for |
|
|
| .54 |
| 4.83 | 1.54 |
| 1. Parents and children should agree in advance on the kinds of items that pocket money will cover |
|
|
| .50 |
| 5.13 | 1.52 |
| 10. Pocket money should be given on the same day each week or month |
|
|
| .49 |
| 5.12 | 1.59 |
| 8. There should be an annual review of the child pocket money on their birthday |
|
|
| .46 |
| 4.19 | 1.67 |
| 25a We value books more than videos |
|
|
| −.39 |
| 5.33 | 1.49 |
| 25c We watch less TV than most households |
|
|
| −.38 |
| 4.38 | 1.55 |
| 25d We have another cable for satellite TV at home |
|
|
| .33 |
| 3.83 | 2.27 |