Emerging Adults (18-25 years)

This study investigated the association of domain-general and domain-specific parenting practices with college students’ financial attitudes and behaviors. Data came from a survey of college students (n = 585, 156 males) aged 19–32 attending a Midwestern University.

The financial attitude and behavior of young adults is influenced by parents’ financial socialization (e.g., the communication pattern around finances in the family).

We examined how perceived financial socialization—from parents, the romantic partner, and young adults' own behavior— was associated with young adults' life outcomes and well-being (i.e., physical and mental health, finances, romantic relation-ship).

Young adults’ well-being may be influenced by financial attitudes of their parents, romantic partners, and their own behavior.

Combining work while attending college is a common strategy for youth with limited financial means to pursue postsecondary education.

Young adults’ decision to enter workforce or enrol in college may be impacted by their personal financial means and parental support. This study examined how personal financial responsibilities and parental social support is associated with youth’s engagement in employment or attending school.