Rey-Ares, LucíaFernández-López, SaraCastro-González, SandraRodeiro-Pazos, D.2022-09-262022-09-262021-08Rey-Ares et al., 2021 L. Rey-Ares, S. Fernández-López, S. Castro-González, D. Rodeiro-Pazos Does self-control constitute a driver of millennials' financial behaviors and attitudes? Journal of Behavioral and Experimental Economics, 93 (2021), Article 101702http://hdl.handle.net/2183/31720[Abstract] Millennials are currently facing particular financial challenges that will condition the future financial well-being of the society as a whole, and the decision-making process happening in worse circumstances than those of preceding generations. However, few studies to date have deeply analyzed millennials’ financial behaviors, and particularly, how self-control operationalizes their financial choices. Using data from the 2017 Survey of Financial Competences of Spanish individuals, this paper analyzes how self-control influences different financial behaviors and attitudes and whether this effect differs between millennials and older generations. The results indicate that self-control does influence the individuals’ financial attitudes regardless of generation, whereas in the case of financial behaviors, only those millennials exhibiting the highest levels of self-control are affected by it when deciding on a saving account or a personal loan. These outcomes have numerous significant implications, in addition to providing recommendations to policy makers aimed at engaging millennials in healthier financial behaviors.engAtribución-NoComercial-SinDerivadas 3.0 Españahttp://creativecommons.org/licenses/by-nc-nd/3.0/es/Self-controlFinancial behaviorFinancial attitudesFinancial literacyMillenial generationAutocontrolComportamiento financieroActitudes financierasAlfabetización financieraGeneración milenialjournal articleopen access