Financial Anxiety Among Caregiving Parents Of Adult Children With A Substance Use Disorder, Rachel R. Tambling, Carissa D'Aniello, Beth Russell

Journal of Financial Therapy

Substance use is a growing concern in the United States, with widespread harms, including substantial costs to individuals, families, and societies, poor outcomes for the substance user, and deleterious impacts on the family and community. When a young adult develops a substance use disorder, a parent or other loved one often assumes a caregiving role, and experiences burdens associated with this role including impacts to emotional well-being and financial stability. The present study examined experiences of financial anxiety in a sample (n = 172) of caregivers of adults with a substance use disorder recruited from online and in person …

Financial Stress And Marital Quality: The Moderating Influence Of Couple Communication, Heather H. Kelley, Ashley B. Lebaron, E. Jeffrey Hill

Journal of Financial Therapy

This study explores the negative relationship between financial stress and marital quality and examines couple communication as a moderator in this relationship. Using a sample of 373 married U.S. couples from the Flourishing Families Project, an Actor-Partner Interdependence Model (APIM) was run to determine the influence of husbands’ and wives’ financial stress on both their own and their partner’s reports of marital quality. Results found negative associations between both actor and partner reports of financial stress and marital quality. Couple communication did not moderate the associations between husbands’ and wives’ financial stress and wives’ marital quality. However, it did …

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 …

Marriage And Materialism: Actor And Partner Effects Between Materialism, Importance Of Marriage, And Marital Satisfaction, Ashley B. Lebaron, David B. Allsop, E. Jeffrey Hill, Brian J. Willoughby, Sonya L. Britt-Lutter

Journal of Financial Therapy

Drawing upon both the incompatibility of materialism and children model and marital paradigms theory, the purpose of the current study was to examine husband-wife actor and partner effects between materialism and marital satisfaction and to explore perception of the importance of marriage as a mediator of these relationships. Using a sample of 706 couples from the RELATE dataset, wives’ materialism negatively predicted both their own marital satisfaction as well as their husbands’ marital satisfaction. However, when controlling for financial problems in marriage, these effects became non-significant. Additionally, upon adding both wives’ and husbands’ importance of marriage (as well as combined …