Abstract

Few contemporary, empirically-based instruments exist to assess attitudes and beliefs about money despite a large research base linking mental health outcomes to financial beliefs. An abbreviated form of the Klontz Money Script Inventory (KMSI), the Klontz Money Script Inventory-Revised (KMSI-R), has been developed to inform mental health practitioners and financial advisors about the money attitudes and beliefs of their clients using an empirically-based instrument. This study examined the technical adequacy of the KMSI-R among a sample of college students (n = 326). Results indicate high reliability for the KMSI-R as well as weak-to-moderate positive correlations when compared to the Money Attitude Scales.

Keywords: money scripts, money beliefs, money attitudes, money avoidance, money worship, money status, and money vigilance

How to Cite:

Taylor, C. D., Klontz, B. & Britt, S. L., (2016) “Reliability and Convergent Validity of the Klontz Money Script Inventory-Revised (KMSI-R)”, Journal of Financial Therapy 6(2). doi: https://doi.org/10.4148/1944-9771.1100