| Title: | Intergenerational model of financial satisfaction and parent-child financial relationship |
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| Authors: | ID Zupančič, Maja (Author)
ID Poredoš, Mojca (Author)
ID Lep, Žan (Author) |
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| Files: |  URL - Source URL, visit https://journals.sagepub.com/doi/10.1177/02654075231153352
 PDF - Presentation file, download (866,80 KB)
MD5: EF5B7EB57746CAD7A54CA7334F48FA78
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| Language: | English |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: |  PI - Educational Research Institute
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| Abstract: | The study examined an intergenerational model offinancial socialization and its outcomesthat connects parents’and their children’s self-perceivedfinancial learning outcomes tosatisfaction withfinancial management and parent-childfinancial relationships. Theconceptual model was based on models offinancial socialization processes contributing tohealthyfinancial development of emerging adult students (Shim et al., 2010; Sirsch et al.,2020), but extended the links across two generations within the same family. Consideringperspectives of both generations in a single model, it was tested in a sample of 482 pairs ofSlovenianfirst-year university students and one of their parents. Structural equationmodeling revealed that parental healthyfinancial learning outcomes (knowledge, be-havioral control, behavior) shaped their children’s positivefinancial development (fi-nancial learning outcomes and satisfaction) and promoted the parents’satisfaction withfinancial management. In turn, both the students’and the parents’financial managementsatisfaction positively predicted a joint measure of satisfaction with parent-childfinancialrelationship. Similar links offinancial learning outcomes to satisfaction withfinancialmanagement and parent-childfinancial relationships were observed for both generations,even though parents and their children werefinancially socialized under different so-cioeconomic conditions. |
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| Keywords: | financial relationship, parent-child, financial satisfaction, intergenerational model, financial socialization, financial management |
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| Publication date: | 19.01.2023 |
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| Year of publishing: | 2023 |
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| Number of pages: | Str. 1-24 |
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| PID: | 20.500.12556/DiRROS-22899  |
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| UDC: | 33: 347.61 |
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| ISSN on article: | 1460-3608 |
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| DOI: | 10.1177/02654075231153352 |
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| COBISS.SI-ID: | 139627523 |
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| Note: | Nasl. z nasl. zaslona;
Opis vira z dne 26. 1. 2023;
First published: 19. 1. 2023;
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| Publication date in DiRROS: | 08.07.2025 |
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| Views: | 350 |
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| Downloads: | 215 |
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| Metadata: |    |
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