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Relationships Among Emotion Regulation, Financial Self-Efficacy, and Financial Management Behaviors of Couples

Author

Listed:
  • Jinhee Kim

    (University of Maryland)

  • Mariana K. Falconier

    (University of Maryland)

  • C. Andrew Conway

    (University of Maryland)

Abstract

This study examines the relationships among emotion regulation, financial self-efficacy, and couples’ financial management behaviors using the baseline data from 239 heterosexual couples (478 individuals) enrolled in a community-based relationship and financial education program. Structural Equation Modeling was used to test an Actor-Partner Interdependence Model that examined both the individual and partner effects of emotion regulation on financial management behaviors mediated by financial self-efficacy. For both partners, there were significant effects of emotion regulation on financial self-efficacy and significant effects of financial self-efficacy on financial management. There was a significant positive, indirect association of emotion regulation with her overall financial management behaviors for female partners. There was a significant partner effect from males’ financial self-efficacy on female partners’ financial management behaviors. Implications for researchers, policymakers, and practitioners are discussed.

Suggested Citation

  • Jinhee Kim & Mariana K. Falconier & C. Andrew Conway, 2023. "Relationships Among Emotion Regulation, Financial Self-Efficacy, and Financial Management Behaviors of Couples," Journal of Family and Economic Issues, Springer, vol. 44(2), pages 342-355, June.
    • Handle: RePEc:kap:jfamec:v:44:y:2023:i:2:d:10.1007_s10834-022-09827-2
    DOI: 10.1007/s10834-022-09827-2
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