Using the family financial socialization theory, this study investigated the financial knowledge and behavior of
high school students’ contextualizing unintentional and purposive family financial socialization. The sample of
4,473 high school students were 51% females, 45% seniors, and ethnically diverse. A path analysis tested
conceptual relationships between variables. Results indicated that the two unintentional socialization indicators
were positively associated with subjective financial knowledge and financial behavior. Those indicators were
also indirectly associated with financial behavior through knowledge. Student-earned income, a purposive
indicator of socialization, was positively associated with behavior through knowledge. Exclusively obtaining
money through parents was negatively associated with behavior through knowledge. Knowledge was positively
associated with behavior.

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