Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession

<p>Using nationally-representative data collected during the summer of 2009 (N = 575), this study examines how reports of financial declines are associated with financial behaviors and how financial behaviors are associated with relationship satisfaction among cohabiting and married participan...

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Main Authors: Jeffrey P. Dew, Jing Jian Xiao
Format: Article
Language:English
Published: New Prairie Press 2013-08-01
Series:Journal of Financial Therapy
Subjects:
Online Access:http://dx.doi.org/10.4148/jft.v4i1.1723
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author Jeffrey P. Dew
Jing Jian Xiao
author_facet Jeffrey P. Dew
Jing Jian Xiao
author_sort Jeffrey P. Dew
collection DOAJ
description <p>Using nationally-representative data collected during the summer of 2009 (N = 575), this study examines how reports of financial declines are associated with financial behaviors and how financial behaviors are associated with relationship satisfaction among cohabiting and married participants. Findings suggested that financial declines were only negatively associated with sound financial management behavior if participants also experienced feelings of economic pressure. Sound financial management behavior was found to be positively associated with marital satisfaction. Finally, sound financial management behavior also moderated the association between financial declines, economic pressure, and relationship satisfaction.</p>
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spelling doaj.art-526ea581964b4a2aaa8940bdbe3e9e5a2022-12-22T03:07:25ZengNew Prairie PressJournal of Financial Therapy1945-77741944-97712013-08-014110.4148/jft.v4i1.1723Financial Declines, Financial Behaviors, and Relationship Satisfaction during the RecessionJeffrey P. DewJing Jian Xiao<p>Using nationally-representative data collected during the summer of 2009 (N = 575), this study examines how reports of financial declines are associated with financial behaviors and how financial behaviors are associated with relationship satisfaction among cohabiting and married participants. Findings suggested that financial declines were only negatively associated with sound financial management behavior if participants also experienced feelings of economic pressure. Sound financial management behavior was found to be positively associated with marital satisfaction. Finally, sound financial management behavior also moderated the association between financial declines, economic pressure, and relationship satisfaction.</p>http://dx.doi.org/10.4148/jft.v4i1.1723Financial Behaviors, Economic Distress, Relationship Quality
spellingShingle Jeffrey P. Dew
Jing Jian Xiao
Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
Journal of Financial Therapy
Financial Behaviors, Economic Distress, Relationship Quality
title Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
title_full Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
title_fullStr Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
title_full_unstemmed Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
title_short Financial Declines, Financial Behaviors, and Relationship Satisfaction during the Recession
title_sort financial declines financial behaviors and relationship satisfaction during the recession
topic Financial Behaviors, Economic Distress, Relationship Quality
url http://dx.doi.org/10.4148/jft.v4i1.1723
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