Talk is (still) cheap
A multi-informant analysis of parent financial socialization during adolescence
Bibliographic Data
| ID | 2937720 |
|---|---|
| Authors | Ashley B Lebaron-Black (0000-0002-4980-2659, Brigham Young University, corresponding author), Sofia C Suxo-Sanchez (Brigham Young University), Evelyn Jones Rich, Elise Rich (Brigham Young University), Adam A Rogers (0000-0002-9684-1757, Brigham Young University), Loren D Marks (0000-0002-0778-0260, Brigham Young University) |
| Year | 2025 |
| Volume | 42 |
| Issue | 10 |
| Pages | 2753-2779 |
| Publication date | 2025-06-07 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Social and Personal Relationships (JOURNAL) |
| Journal identifiers | ISSN: 0265-4075 • E-ISSN: 1460-3608 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/02654075251350079 |
| OpenAlex | W4411123618 |
| Language | EN |
| Citations received | 3 |
| References cited | 48 |
Grounded in family financial socialization theory, the purpose of this study was to better understand parent financial socialization processes and outcomes by including multiple perspectives and by studying these processes and outcomes during adolescence (vs. retrospectively during emerging adulthood). We utilized reports from 1,117 U.S. adolescents and their primary caregiver (1,117; total N = 2,234). Through structural equation modeling, we tested the family financial socialization model, with adolescent and parent reports of socialization processes simultaneously considered to determine their relative predictive power on adolescents' financial outcomes. Our findings in some ways supported Gudmunson and Danes' model and aligned with previous research and in some ways contrasted with the model and previous research, highlighting the importance of using multi-informant data to study financial socialization and the importance of studying financial socialization during adolescence. Insights from this study can aid educators and practitioners in improving parent financial socialization and, ultimately, enhancing financial behaviors and financial wellbeing
Developmental psychology · Socialization · Clinical Psychology · Financial Literacy, Pension, Retirement Analysis · Intergenerational Family Dynamics and Caregiving · Psychological Well-being and Life Satisfaction · Psychology · Social Psychology
Family Financial Socialization
An Exploratory Framework of the Determinants of Financial Satisfaction
The Economic Importance of Financial Literacy
Financial Socialization
When Parenting Pays Off
How Financial Socialization Messages Relate to Financial Management, Optimism and Stress
Talk is cheap
Racial Discrimination in the U.S. Housing and Mortgage Lending Markets
Implicit Family Financial Socialization and Emerging Adults’ Financial Well-Being
How Does Financial Life Shape Emerging Adulthood? Short-Term Longitudinal Associations Between Perceived Features of Emerging Adulthood, Financial Behaviors, and Financial Well-Being
Can We Talk About Money? Financial Socialization Through Parent–Child Financial Discussion
The Central Roles of Race and Racism in Reframing Family Systems Theory
Comparing Multi-Informant Assessment Measures of Parental Monitoring and Their Links With Adolescent Delinquent Behavior
Family Relationships From Adolescence to Early Adulthood
The significance of financial self-efficacy in explaining women’s personal finance behaviour
Financial Socialization of First-year College Students
Poor Families Striving to Save in Matched Children’s Savings Accounts
Social Learning Opportunities and the Financial Behaviors of College Students
Talk is (still) cheap
The Lengthening Transition to Adulthood
Practice Makes Perfect
Unequal Early Adulthoods
| Unique citing works | 3 |
|---|---|
| Citations per year | 3 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |