Young Adults' Financial Socialization Processes as Influences of Conceptualization and Understanding of Financial Well-Being and Choice in Relationship Commitment

Autor/in	Rea, Jennifer K.
Titel	Young Adults' Financial Socialization Processes as Influences of Conceptualization and Understanding of Financial Well-Being and Choice in Relationship Commitment
Quelle	(2017), (147 Seiten) PDF als Volltext Verfügbarkeit Ph.D. Dissertation, University of Minnesota
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
ISBN	978-0-3550-9074-1
Schlagwörter	Hochschulschrift; Dissertation; Socialization; Money Management; Well Being; Interviews; Intimacy; Young Adults; Parent Role; Family Role; Self Actualization; Values; Interpersonal Relationship; Decision Making; Futures (of Society) + Suchen Sie Ihr Suchwort? Thesis; Dissertations; Academic thesis; Socialisation; Sozialisation; Well-being; Wellness; Wohlbefinden; Interviewing; Interviewtechnik; Intimität; Young adult; Junger Erwachsener; Parental role; Elternrolle; Self actualisation; Selbstverwirklichung; Wertbegriff; Interpersonal relation; Interpersonal relations; Interpersonelle Beziehung; Zwischenmenschliche Beziehung; Decision-making; Entscheidungsfindung; Future; Society; Zukunft
Abstract	The two studies presented in this dissertation provide an understanding of young adults' perspective financial socialization processes and how the experiences influence a conceptualization of financial well-being and their choice of romantic relationship status (Study 1: N = 31, Study 2: N = 549). Study 1 has adapted Gudmunson and Danes' (2011) Family Financial Socialization theory as a framework for organizing young adults' (ages 20-23 years) personal reflections of how they conceptualized financial well-being. All interviews in Study 1 were coded and analyzed following Gilgun and colleagues' (1992) pattern matching approach of analytical induction. Study findings suggested that parents and families have contributed to young adults' financial well-being through financial socialization. Study 2 was guided by Deacon and Firebaugh's (1988) Family Resource Management theory to examine how the combination of financial resources, financial management, and self-actualizing personal values influence young adults' (ages 23-26 years) choice of relationship structure. Findings revealed that focusing on individual financial literacy and capability may not be enough to prepare young adults to be financially capable in a committed relationship. These studies suggest that familial socialization agents (e.g., parents, romantic partners) and social norms influenced young adults' well-being (i.e., financial well-being) and their future life decisions (i.e., choice of committed relationship structure). [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.] (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01