Young Adults’ Life Outcomes and Well-Being: Perceived Financial Socialization from Parents, the Romantic Partner, and Young Adults’ Own Financial Behaviors

Type
Summary

Young adults’ well-being may be influenced by financial attitudes of their parents, romantic partners, and their own behavior. This study examined how the patterns of young adults’ financial behaviors and perceived financial socialization from parents and romantic partners predict young adults’ well-being and other life outcomes. The findings indicate that some sources of financial socialization are better predictors of young adults’ well-being than others.

Citation
Curran, M. A., Parrott, E. , Ahn, S. Y. , Serido, J. , Shim, S. (2018). Young Adults’ Life Outcomes and Well-Being: Perceived Financial Socialization from Parents, the Romantic Partner, and Young Adults’ Own Financial Behaviors. Journal of Family and Economic Issues, 39, 445-456. doi:10.1007/s10834-018-9572-9