Propensity to Plan (PtP)

Lynch Jr., J. G., Netemeyer, R. G., Spiller, S. A., & Zammit, A. (2010). A generalizable scale of propensity to plan: The long and the short of planning for time and for money. Journal of Consumer Research, 37(1), 108-128. doi: 10.1086/649907



Table of Contents


Description


History of Use


References


Description:

Purpose

The Propensity to Plan measure was designed to assess individuals' tendency to plan. It is intended to be generalizable across domains and adaptable to different situations (e.g., different time ranges). It allows for cross-domain comparison of planning tendencies. An adaptation using "very long-run" time scales for planning with money predicted credit scores (see Lynch et al., 2010 for more details).
Questions

4 sets of 6 items using 6-point ratings (1 = strongly disagree to 7 = strongly agree)
Sub-scales

4 sub-scales:
  • Money - Short Run
  • Money - Long Run
  • Time - Short Run
  • Time - Long Run
Domain


Psychometrics


Sample items

  • I set financial goals for the next few days for what I want to achieve with my money. (Money - Short Run)
  • I set financial goals for the next 1-2 months for what I want to achieve with my money. (Money - Long Run)
  • I set goals for the next few days for what I want to achieve with my time. (Time - Short Run)
  • I set goals for the next 1-2 months for what I want to achieve with my time. (Time - Long Run)

References:

Scale:
Lynch Jr., J. G., Netemeyer, R. G., Spiller, S. A., & Zammit, A. (2010). A generalizable scale of propensity to plan: The long and the short of planning for time and for money. Journal of Consumer Research, 37(1), 108-128. doi: 10.1086/649907
Uses:
No uses
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