Table 7 Responses to the Survey Question: "To what extent do the following characteristics influence the spending decisions?" Responses Weighte d 1 Characteristic 5 4 3 2 Mean Description Impulse 0 control 7 37 9 8 3.70 Important influence Financial 0 Very important goals 40 40 14 3 5 4.44 influence 0 Risk tolerance 0 6 50 7 2.98 Moderate influence Personal 0 values 8 8 4 44 2.69 Moderate influence 0 All 55 65 66 64 3.45 Important influence Note: 4.20 Table 9. Responses to the Survey Question: "How often do you make purchases that you regret later?" Response Frequency Never 0 Rarely 10 Sometimes 44 Often 7 Always 2 Total: 63 Weighted Mean: 3.02 Description: Sometimes Table 10 Responses to the Survey Question: "How would you rate your understanding of financial management?" Response Frequency Very poor 0 Poor 0 Average 15 Good 33 Very good 15 Total: 63 Weighted Mean: 4.00 Description: Good Table 11 Responses to the Survey Question: "How significant is your family's financial background in shaping your spending habits?" Response Slightly significant Frequency Not significant 0 5 Moderately significant 10 Very significant 41 Extremely significant 7 Total: 63 Weighted Mean: 3.79 Description: Very significant Table 12 Responses to the Survey Question:" To what extent do your peers influence your spending habits?" Response Not at all Frequency 4 Somewhat 6 Moderately 35 Strongly 9 Very strongly Total: 9 63 Weighted Mean: Description: 3.21 Moderately