Financial Parenting, Financial Coping Behaviors, and Well-Being of Emerging Adults

Autor/inn/en	Serido, Joyce; Shim, Soyeon; Mishra, Anubha; Tang, Chuanyi
Titel	Financial Parenting, Financial Coping Behaviors, and Well-Being of Emerging Adults
Quelle	In: Family Relations, 59 (2010) 4, S.453-464 (12 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0197-6664
DOI	10.1111/j.1741-3729.2010.00615.x
Schlagwörter	Parent Role; Young Adults; Parent Child Relationship; Coping; Psychology; Money Management; Skill Development; College Freshmen; Well Being; Psychological Patterns; Family Environment; Interpersonal Communication; Expectation; Parent Influence + Suchen Sie Ihr Suchwort? Parental role; Elternrolle; Young adult; Junger Erwachsener; Parents-child relationship; Parent-child-relation; Parent-child relationship; Eltern-Kind-Beziehung; Bewältigung; Psychologie; Kompetenzentwicklung; Qualifikationsentwicklung; Studienanfänger; Well-being; Wellness; Wohlbefinden; Familienmilieu; Interpersonale Kommunikation; Expectancy; Erwartung
Abstract	The goal of this study was to consider the role of parents in the development of their children's financial independence by the time the children are old enough to enter college. Using data from 2,098 first-year university students, we examined two pathways to emerging adults' financial, psychological, and personal well-being, combining research on the positive effects of family financial environment and future-oriented coping behaviors. Two findings are of particular note. The quality of parent-child communication regarding financial topics proved to be the most potent predictor of children's financial, psychological, and personal well-being. Further, parents' expectations had a significant indirect influence (via financial coping behaviors) on their children's well-being. Implications for promoting financial self-sufficiency among young adults are discussed. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10