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Financial Integration and Relationship Transitions of Young Adult Cohabiters

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  • Fenaba R. Addo

    () (University of Wisconsin-Madison)

Abstract

Despite increasing rates of pre-marital cohabitation, the majority of research on household financial practices in the United States has focused on married couples. This study explored ways young adult cohabiters (N = 691) financially combined their lives and the associations with subsequent relationship outcomes. Results indicated cohabiters were intertwining credit histories and bank accounts, and acquiring assets such as purchasing homes together. Sharing a mortgage was associated with an increased likelihood of marriage, whereas joint credit card accounts increased the odds of dissolution. Cohabiters with an intent to marry were much more likely to start integrating their finances prior to marriage. This study sheds light on the heterogeneous ways that a recent cohort of young adult couples manages their finances and navigates relationships.

Suggested Citation

  • Fenaba R. Addo, 2017. "Financial Integration and Relationship Transitions of Young Adult Cohabiters," Journal of Family and Economic Issues, Springer, vol. 38(1), pages 84-99, March.
  • Handle: RePEc:kap:jfamec:v:38:y:2017:i:1:d:10.1007_s10834-016-9490-7
    DOI: 10.1007/s10834-016-9490-7
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    References listed on IDEAS

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    Cited by:

    1. P. Wesley Routon, 2018. "The Probability of Teenage Parenthood: Parental Predictions and Their Accuracy," Journal of Family and Economic Issues, Springer, vol. 39(4), pages 647-661, December.
    2. Fenaba R. Addo & Xing Zhang, 2020. "Debt Concordance and Relationship Quality: A Couple-Level Analysis," Journal of Family and Economic Issues, Springer, vol. 41(3), pages 405-423, September.
    3. Fenaba R. Addo & Jason N. Houle & Sharon Sassler, 2019. "The Changing Nature of the Association Between Student Loan Debt and Marital Behavior in Young Adulthood," Journal of Family and Economic Issues, Springer, vol. 40(1), pages 86-101, March.
    4. Stella Min & Miles G. Taylor, 2018. "Racial and Ethnic Variation in the Relationship Between Student Loan Debt and the Transition to First Birth," Demography, Springer;Population Association of America (PAA), vol. 55(1), pages 165-188, February.

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