376
Views
1
CrossRef citations to date
0
Altmetric
Research Article

Emerging adults’ financial conversations with parents as mediators of family communication patterns and financial Independence

References

  • Aquilino, W. (1997). From adolescent to young adult: A prospective study of parent-child relations during the transition to adulthood. Journal of Marriage and the Family, 59, 670–686. doi:10.2307/353953
  • Arnett, J. J. (2000). Emerging adulthood: A theory of development from the late teens through the twenties. The American Psychologist, 55(5), 469–480. doi:10.1037/0003-066X.55.5.469
  • Arnett, J. J. (2004). Emerging adulthood: The winding road from the late teens through the twenties. Oxford University Press.
  • Becker, T. E., Atinc, G., Breaugh, J. A., Carlson, K. D., Edwards, J. R., & Spector, P. E. (2016). Statistical control in correlational studies: 10 essential recommendations for organizational researchers. Journal of Occupational Behavior, 37(2), 157–167. doi:10.1002/job.2053
  • Botha, F., Broadway, B., De New, J., & Wong, C. (2020). Financial autonomy among emerging adults in Australia. Melbourne Institute Working Paper No. 30/20. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3760928
  • Bowen, E., Ball, A., Jones, A. S., & Miller, B. (2021). Toward many emerging adulthoods: A theory-based examination of the features of emerging adulthood for cross-systems youth. Emerging Adulthood, 9(3), 189–201. doi:10.1177/2167696821989123
  • Braithwaite, D. O., Marsh, J. C., Tschampl-Diesing, C. L., & Leach, M. S. (2017). “Love needs to be exchanged”: A diary study of interaction and enactment of the family kinkeeper role. Western Journal of Communication, 81(5), 601–618. doi:10.1080/10570314.2017.1299881
  • Capital Group. (2018, December). Confronting the money taboo. Retrieved from https://www.capitalgroup.com/content/dam/cgc/shared-content/documents/reports/MFGEWP-093-1217O.pdf
  • Cox, J. (2021, November 9). Household debt total passes $15 trillion for the first time. CNBC. Retrieved from https://www.cnbc.com/2021/11/09/household-debt-total-passes-15-trillion-for-the-first-time.html
  • Dailey, R. M. (2006). Confirmation in parent-adolescent relationships and adolescent openness: Toward extending confirmation theory. Communication Monographs, 73(4), 434–458. doi:10.1080/03637750601055432
  • DeSilver, D. (2022, June 15). In the U.S. and around the world, inflation is high and getting higher. Pew Research Center. Retrieved from https://www.pewresearch.org/fact-tank/2022/06/15/in-the-u-s-and-around-the-world-inflation-is-high-and-getting-higher/
  • Edwards, R., Allen, M., Brewster, B., Hayhoe, C., & Leach, L. (2004). Family communication about credit card use by college students. Conference Papers – International Communication Association, 1.
  • Edwards, R., Allen, M. W., & Hayhoe, C. R. (2007). Financial attitudes and family communication about students’ finances: The role of sex differences. Communication Reports, 20(2), 90–100. doi:10.1080/08934210701643719
  • Ellis, K. (2002). Perceived parental confirmation: Development and validation of an instrument. Southern Communication Journal, 67(4), 319–334. doi:10.1080/10417940209373242
  • Fellers, M., & Schrodt, P. (2021). Perceptions of fathers’ confirmation and affection as mediators of masculinity and relational quality in father-child relationships. Journal of Family Communication, 21(1), 46–62. doi:10.1080/15267431.2020.1866574
  • Floyd, F. J., & Zmich, D. E. (1991). Marriage and the parenting partnership: Perceptions and interactions of parents with mentally retarded and typically developing children. Child Development, 62(6), 1434–1448. doi:10.2307/1130817
  • Hamon, J. D., & Schrodt, P. (2012). Do parenting styles moderate the association between family conformity orientation and young adults’ mental well-being? Journal of Family Communication, 12(2), 151–166. doi:10.1080/15267431.2011.561149
  • Horstman, H. K., Schrodt, P., Warner, B., Koerner, A., Maliski, R., Hays, A., & Colaner, C. W. (2018). Expanding the conceptual and empirical boundaries of family communication patterns: The development and validation of an expanded conformity orientation scale. Communication Monographs, 85(2), 157–180. doi:10.1080/03637751.2018.1428354
  • Jariwala, H. V. (2020). Effect of perception differences in money communication between parent-adolescents on financial autonomy: An experimental study using financial education workshops. Applied Finance Letters, 9(SI), 23–43. doi:10.24135/afl.v9i2.241
  • Kim, J., LaTaillade, J., & Kim, H. (2011). Family processes and adolescents’ financial behaviors. Journal of Family and Economic Issues, 32(4), 668–679. doi:10.1007/s10834-011-9270-3
  • Kim, J. H., & Torquati, J. (2019). Financial socialization of college students: Domain-general and domain-specific perspectives. Journal of Family and Economic Issues, 40(2), 226–236. doi:10.1007/s10834-018-9590-7
  • Kline, R. B. (2016). Principles and practice of structural equation modeling (4th ed.). Guilford.
  • Koerner, A. F., & Schrodt, P. (2014). An introduction to the special issue on family communication patterns theory. Journal of Family Communication, 14(1), 1–15. doi:10.1080/15267431.2013.857328
  • Koerner, A. F., Schrodt, P., & Fitzpatrick, M. A. (2018). Family communication patterns theory: A grand theory of family communication. In D. O. Braithwaite, E. A. Suter, & K. Floyd’s (Eds.), Engaging theories in family communication: Multiple perspectives (2nd ed., pp. 142–153). Routledge.
  • Koesten, J., Schrodt, P., & Ford, D. J. (2009). Cognitive flexibility as a mediator of family communication environments and young adults’ well-being. Health Communication, 24(1), 82–94. doi:10.1080/10410230802607024
  • Little, T. D., Card, N. A., Bovaird, J. A., Preacher, K., & Crandall, C. S. (2007). Structural equation modeling of mediation and moderation with contextual factors. In T. D. Little, J. A. Bovaird, & N. A. Card (Eds.), Modeling contextual effects in longitudinal studies (pp. 207–230). Erlbaum.
  • Little, T. D., Cunningham, W. A., Shahar, G., & Widaman, K. F. (2002). To parcel or not to parcel: Exploring the question, weighing the merits. Structural Equation Modeling, 9(2), 151–173. doi:10.1207/S15328007SEM0902_1
  • Little, T. D., Rhemtulla, M., Gibson, K., & Shoemann, A. M. (2013). Why the items versus parcels controversy needn’t be one. Psychological Methods, 18(3), 285–300. doi:10.1037/a0033266
  • Margolin, G., Gordis, E. B., & John, R. S. (2001). Coparenting: A link between marital conflict and parenting in two-parent families. Journal of Family Psychology, 15(1), 3–21. doi:10.1037/0893-3200.15.1.3
  • McCurry, A. L., Schrodt, P., & Ledbetter, A. M. (2012). Relational uncertainty and communication efficacy as predictors of religious conversations in romantic relationships. Journal of Social and Personal Relationships, 29(8), 1085–1108. doi:10.1177/0265407512449402
  • Micarello, H., Melo, M. P. C., & Burgos, M. B. (2012). Application of the CAEd autonomy scale to assess the impact of financial education. CAEd Academic Publications. Retrieved from https://pesquisa.caedufjf.net/wp-content/uploads/2012/03/autonomia_marcelo_burgos.pdf
  • Nguyen, H. T. (2016). Financial self-efficacy scale: Development and validation of a measurement tool Publication No. 10188815 (Doctoral dissertation, University of Minnesota). ProQuest Dissertations and Theses Global.
  • PRN. (2020, December 17). T. Rowe price: Parents putting on a financial façade are more reluctant to discuss money with their kids. T. Rowe Price: parents putting on a financial façade are more reluctant to discuss money with their kids. Retrieved from https://www.prnewswire.com/news-releases/t-rowe-price-parents-putting-on-a-financial-facade-are-more-reluctant-to-discuss-money-with-their-kids-301195248.html
  • Rauscher, E. A., Schrodt, P., Campbell-Salome, G. M., & Freytag, J. (2020). The intergenerational transmission of family communication patterns: (In)consistencies in conversation and conformity orientations across two generations of family. Journal of Family Communication, 20(2), 97–113. doi:10.1080/15267431.2019.1683563
  • Ritchie, L. D. (1991). Family communication patterns: An epistemic analysis and conceptual reinterpretation. Communication Research, 18(4), 548–565. doi:10.1177/009365091018004005
  • Romo, L. K. (2011). Money talks: Revealing and concealing financial information in families. Journal of Family Communication, 11(4), 264–281. doi:10.1080/15267431.2010.544634
  • Rosseel, Y. (2012). Lavaan: An R package for structural equation modeling. Journal of Statistical Software, 48(1), 1–36. doi:10.18637/jss.v048.i02
  • Russell, A., & Russell, G. (1994). Coparenting early school-age children: An examination of mother-father interdependence within families. Developmental Psychology, 30(5), 757–770. doi:10.1037/0012-1649.30.5.757
  • Schrodt, P. (2005). Family communication schemata and the circumplex model of family functioning. Western Journal of Communication, 69(4), 359–376. doi:10.1080/10570310500305539
  • Schrodt, P. (2020). Emotion labor with parents as a mediator of family communication patterns and young adult children’s mental well-being. Journal of Family Communication, 20(1), 66–81. doi:10.1080/15267431.2019.1661250
  • Schrodt, P., Ledbetter, A. M., Jernberg, K. A., Larson, L., Elledge, N., & Glonek, K. (2009). Family communication patterns as mediators of communication competence in the parent-child relationship. Journal of Social and Personal Relationships, 26(6–7), 853–874. doi:10.1177/0265407509345649
  • Schrodt, P., Witt, P. L., & Messersmith, A. S. (2008). A meta-analytical review of family communication patterns and their associations with information processing, behavioral, and psychosocial outcomes. Communication Monographs, 75(3), 248–269. doi:10.1080/03637750802256318
  • Scruggs, X., & Schrodt, P. (2021). The frequency and comfort of political conversations with parents as mediators of family communication patterns and relational quality in parent–child relationships. Journal of Family Communication, 21(1), 17–33. doi:10.1080/15267431.2020.1860053
  • Serido, J., Shim, S., Mishra, A., & Tang, C. (2010). Financial parenting, financial coping behaviors, and well-being of emerging adults. Family Relations, 59(4), 453–464. doi:10.1111/j.1741-3729.2010.00615.x
  • Thorson, A. R., & Horstman, H. K. (2014). Buy now, pay later: Family communication patterns theory, parental financial support, and emerging adults’ openness about credit card behaviors. Journal of Family Communication, 14(1), 53–71. doi:10.1080/15267431.2013.857324
  • Thorson, A. R., & Horstman, H. K. (2017). Family communication patterns and emerging adult consumer outcomes: Revisiting the consumer socialization model. Western Journal of Communication, 81(4), 483–506. doi:10.1080/10570314.2016.1263361

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.