“Being Able to Support Yourself”: Young Adults’ Meaning of Financial Well-Being Through Family Financial Socialization
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DOI: 10.1007/s10834-018-9602-7
Abstract: This study investigated how young adults’ (N = 31) perceptions of family financial socialization processes and experiences influenced their definition and understanding of financial well-being. Coding and analysis followed Gilgun et al. (Qualitative methods in family research,… read more here.
Keywords: financial socialization; socialization; young adults; family ... See more keywords
How Financial Socialization Messages Relate to Financial Management, Optimism and Stress: Variations by Race
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DOI: 10.1007/s10834-020-09704-w
Abstract: This study explored how explicit family financial socialization as reflected in three types of parental financial messages (messaging about saving, banking, and investing) relate to three financial outcomes (financial management, financial stress, and financial optimism)… read more here.
Keywords: financial socialization; financial management; management; stress ... See more keywords
When Parenting Pays Off: Influences of Parental Financial Socialization on Children’s Outcomes in Emerging Adulthood
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DOI: 10.1007/s10834-020-09716-6
Abstract: This study examined the influences of parental financial socialization during adolescence on emerging adults’ financial outcomes using Family Financial Socialization Theory. It utilized two waves of data from 307 triads—consisting of parents and emerging adults—from… read more here.
Keywords: parental financial; financial socialization; parenting pays; time ... See more keywords
Finances and Fate: Parent Financial Socialization, Locus of Control, and Mental Health in Emerging Adulthood
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DOI: 10.1177/21676968221110541
Abstract: Utilizing a sample of 4182 U.S. emerging adults and structural equation modeling, we examined how parent financial socialization received during childhood and adolescence is associated with mental health in emerging adulthood and whether locus of… read more here.
Keywords: financial socialization; locus control; mental health;
Parental Financial Socialization, Financial Experiences, and Financial Behaviors: Comparing Asian American and International Asian College Students
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Counseling and Planning"
DOI: 10.1891/jfcp-19-00008
Abstract: Paying for college expenses can be stressful for anyone, regardless of citizenship status. Asian American students and their parents may be negotiating with each other who will shoulder these expenses, while international Asian students often… read more here.
Keywords: financial socialization; college; college students; asian american ... See more keywords