Abstract
The capacity to form and develop healthy interpersonal relationships with others is fundamental for human development. In the realm of practice, the theory of social exchange is among the most prominent conceptual frameworks for examining and understanding human behaviors and relationship dynamics. While interpersonal bonds may take several forms across the family life cycle, this article addresses how healthy social exchange can provide a basis for establishing a mutually fulfilling alliance by examining three different types of interpersonal relationships: dating relationships, marital relationships, and parent–child co-residential relationships. Interventions aimed at marriage and family therapists as well as social work practitioners working with couples and families facing relationship troubles are discussed.