The Lengthening Transition to Adulthood: Financial Parenting and Recentering during the College-to-Career Transition

Type
Summary

Taking ownership of one’s financial behavior can be considered as one of the important milestones of emerging adulthood. This study examined how parental financial socialization and college students’ financial behavior changes over time. The findings indicate that parent-directed financial behavior declined during the college-to-career transition. However, college students’ financial behavior did not improve over time.

Citation
Serido, J., LeBaron, A. B., Li, L. , Parrott, E. , Shim, S. (2020). The Lengthening Transition to Adulthood: Financial Parenting and Recentering during the College-to-Career Transition. Journal of Family Issues, 41, 1626–1648. doi:10.1177/0192513X19894662