Table 3.

Factor loadings, average variance extracted, and composite reliability.

Latent constructs and indicators	Standardized loadings	AVE	CR	Cronbach's alpha
Financial well-being		0.57a	0.913	0.891
FWB_1	0.702
FWB_2	0.77
FWB_3	0.802
FWB_4	0.808
FWB_5	0.705
FWB_6	0.692
FWB_7	0.688
FWB_8	0.854
Financial socialization—teachers		0.708a	0.96	0.954
FSDT_1	0.849
FSDT_2	0.806
FSDT_3	0.861
FSDT_4	0.863
FSDT_5	0.823
FSOT_1	0.841
FSOT_2	0.831
FSOT_3	0.867
FSOT_4	0.863
FSOT_5	0.805
Financial socialization—parents		0.414a	0.875	0.847
FSDP_1	0.633
FSDP_2	0.629
FSDP_3	0.532
FSDP_4	0.629
FSDP_5	0.586
FSOP_1	0.739
FSOP_2	0.681
FSOP_3	0.699
FSOP_4	0.668
FSOP_5	0.61
Financial socialization—peers		0.573a	0.931	0.918
FSDPE_1	0.753
FSDPE_2	0.714
FSDPE_3	0.753
FSDPE_4	0.813
FSDPE_5	0.74
FSOPE_1	0.721
FSOPE_2	0.775
FSOPE_3	0.747
FSOPE_4	0.789
FSOPE_5	0.76
Early childhood consumer experiences		0.9a	0.947	0.89
ECCE_1	0.958
ECCE_2	0.939
Financial coping behaviors		0.481a	0.847	0.785
FCB_1	0.651
FCB_2	0.637
FCB_3	0.744
FCB_4	0.788
FCB_5	0.695
FCB_6	0.633

^ap < 0.05.