Exploring How One’S Primary Financial Conversant Varies By Marital Status, Megan Mccoy, Kenneth J. White, Xianyan Chen

Journal of Financial Therapy

Research has shown communication around finances is essential to relational satisfaction, yet often couples avoid these money talks. In this study, we examined how the financial discussions were impacted by marital status. The findings were surprising. Married people were the least likely to be engaging in money talks with their partner, all of the other participants (e.g., cohabitating, dating, separated) were all engaging their partners at much greater rates in money talks. However, married respondents were talking to their family members, friends, financial professionals, and other professionals about money. These different conversations were analyzed through the lens of social capital …

Multigenerational Modeling Of Money Management, Christina M. Rosa, Loren D. Marks, Ashley B. Lebaron, E.Jeffrey Hill

Journal of Financial Therapy

This study is about implicit financial socialization within families. It specifically examines how parental modeling facilitates the intergenerational transmission of healthy financial behaviors. This qualitative, multi-generational, multi-site study begins to answer the following research question: What financial behaviors are parents modeling for their children? The sample for this study (N=115) included 90 undergraduate students (ages 18-30) enrolled in family finance classes at three U.S. universities, 18 of their parents, and 7 of their grandparents. Using a team-based approach to qualitative data collection, analysis, and coding, four consensus themes related to parental financial modeling were distilled: (1) Working for …

How Do Money, Sex, And Stress Influence Marital Instability?, E. Jeffrey Hill, David B. Allsop, Ashley B. Lebaron, Roy A. Bean

Journal of Financial Therapy

This study explored how money and sex simultaneously predicted marital instability, and what financial therapists might focus on with clients to address problems in these areas. Specifically, this paper concurrently examined the relationship of marital instability to financial and family stressors (financial stressors, work-family conflict, and parenting stressors); financial and sexual resources (couple income and couple sexual frequency); and financial and sexual perceptions (financial dissatisfaction and sexual dissatisfaction). Couple financial communication and couple relational communication were explored as intervention points for financial therapists. Data came from Wave 2 of the Flourishing Families data set (N = 301). Data were organized …