Intergenerational model of financial satisfaction and parent-child financial relationship

Zupančič, Maja (avtor), Poredoš, Mojca (avtor), Lep, Žan (avtor)

The study examined an intergenerational model of financial socialization and its outcomes that connects parents’ and their children’s self-perceived financial learning outcomes to satisfaction with financial management and parent-child financial relationships. The conceptual model was based on models of financial socialization processes contributing to healthy financial development of emerging adult students (Shim et al., 2010; Sirsch et al., 2020), but extended the links across two generations within the same family. Considering perspectives of both generations in a single model, it was tested in a sample of 482 pairs of Slovenian first-year university students and one of their parents. Structural equation modeling revealed that parental healthy financial learning outcomes (knowledge, behavioral control, behavior) shaped their children’s positive financial development (financial learning outcomes and satisfaction) and promoted the parents’ satisfaction with financial management. In turn, both the students’ and the parents’ financial management satisfaction positively predicted a joint measure of satisfaction with parent-child financial relationship. Similar links of financial learning outcomes to satisfaction with financial management and parent-child financial relationships were observed for both generations, even though parents and their children were financially socialized under different socioeconomic conditions.

• Jezik: Angleški jezik
• Ključne besede: financial relationship, parent-child, financial satisfaction, intergenerational model, financial socialization, financial management, students, parents, financial functioning, financial management satisfaction, parent-child financial relationships, intergenerational links
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: FF - Filozofska fakulteta ; PEF - Pedagoška fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2023
• Št. strani: Str. 2568–2591
• Številčenje: Vol. 40, iss. 8
• PID: 20.500.12556/RUL-148263
• UDK: 33: 347.61
• ISSN pri članku: 1460-3608
• DOI: 10.1177/02654075231153352
• COBISS.SI-ID: 139627523
• Datum objave v RUL: 08.08.2023

Gradivo je del revije

• Naslov: Journal of social and personal relationships
• Založnik: SAGE, International Association for Relationship Research
• ISSN: 1460-3608
• COBISS.SI-ID: 518297113

Licence

• Licenca: CC BY-NC 4.0, Creative Commons Priznanje avtorstva-Nekomercialno 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by-nc/4.0/deed.sl
• Opis: Licenca Creative Commons, ki prepoveduje komercialno uporabo, vendar uporabniki ne rabijo upravljati materialnih avtorskih pravic na izpeljanih delih z enako licenco.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: finance, finančno zadovoljstvo, finančni odnosi, starši – otroci, medgeneracijski model, finančna socializacija, menedžment

Projekti

• Financer: ARRS - Agencija za raziskovalno dejavnost Republike Slovenije
• Številka projekta: P5-0062
• Naslov: Uporabna razvojna psihologija

• Financer: Drugi - Drug financer ali več financerjev
• Naslov: Financial Socialization of Emerging Adults: The Roles of Parents, Work and Personal Values