Psychological Ownership of Borrowed Money

What it measures

Does borrowed money feel like your own once it's in hand? Five items test that psychological blurring.

Response Format

9-point Likert (1=strongly disagree, 9=strongly agree)

Representative items

• Borrowed money feels like my money.
• Spending borrowed money feels like accessing my own money early.
• Spending borrowed money feels like spending money that’s NOT MINE to spend. (r) 3
• To what extent would this loan feel like money to be repaid versus my money to spend? feels more like money to be repaid / feels more like my money to spend
• To what extent would spending this loan feel like using borrowed money versus your money? more like borrowed money / more like my money

Citation

Sharma, E., Tully, S., & Cryder, C. (2021). Psychological Ownership of (Borrowed) Money. Journal of Marketing Research, 58(3), 497–514.

Keywords