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  • Intergenerational model of financial satisfaction and parent-child financial relationship [Elektronski vir]
    Zupančič, Maja, 1959- ...
    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.
    Source: Journal of social and personal relationships. - ISSN 1460-3608 (19. 1. 2023, Str. 1-24)
    Type of material - e-article ; adult, serious
    Publish date - 2023
    Language - english
    COBISS.SI-ID - 139627523

    Link(s):

    https://journals.sagepub.com/doi/10.1177/02654075231153352
    Repository of the University of Ljubljana – RUL
    DOI

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