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Romantic Attachment Orientations, Financial Behaviors, and Life Outcomes Among Young Adults: A Mediating Analysis of a College Cohort

Author

Listed:
  • Xiaomin Li

    (University of Arizona)

  • Melissa A. Curran

    (University of Arizona)

  • Ashley B. LeBaron

    (University of Arizona)

  • Joyce Serido

    (University of Minnesota)

  • Soyeon Shim

    (University of Wisconsin - Madison)

Abstract

Guided by the Vulnerability-Adaption-Stress model (Karney and Bradbury 1995), we used data from 635 college-educated young adults to examine associations between romantic attachment orientations (i.e., attachment anxiety and attachment avoidance) and young adults’ life outcomes (i.e., financial satisfaction, life satisfaction, and relationship satisfaction; Aim 1). We also conducted a mediating model to examine indirect associations from romantic attachment orientations to life outcomes via young adult’s own financial behaviors and perceived partners’ financial behavior (i.e., each young adult’s perception of their partner's financial behaviors; Aim 2). For Aim 1, high attachment anxiety and/or high attachment avoidance was associated with low life satisfaction and low relationship satisfaction. For Aim 2, high attachment anxiety was associated with low financial satisfaction and low life satisfaction via young adults' own less responsible financial behaviors. Further for Aim 2, high attachment anxiety and high attachment avoidance were associated with low relationship satisfaction via perceived partners’ less responsible financial behavior. Across these two aims, we found that romantic attachment orientations were associated with financial behaviors and, in turn, life outcomes. We suggest researchers and practitioners consider romantic attachment orientations when seeking to understand and improve financial behaviors and life outcomes among young adults.

Suggested Citation

  • Xiaomin Li & Melissa A. Curran & Ashley B. LeBaron & Joyce Serido & Soyeon Shim, 2020. "Romantic Attachment Orientations, Financial Behaviors, and Life Outcomes Among Young Adults: A Mediating Analysis of a College Cohort," Journal of Family and Economic Issues, Springer, vol. 41(4), pages 658-671, December.
    • Handle: RePEc:kap:jfamec:v:41:y:2020:i:4:d:10.1007_s10834-020-09664-1
    DOI: 10.1007/s10834-020-09664-1
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    References listed on IDEAS

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    1. Melissa A. Curran & Emily Parrott & Sun Young Ahn & Joyce Serido & Soyeon Shim, 2018. "Young Adults’ Life Outcomes and Well-Being: Perceived Financial Socialization from Parents, the Romantic Partner, and Young Adults’ Own Financial Behaviors," Journal of Family and Economic Issues, Springer, vol. 39(3), pages 445-456, September.
    2. Donald Bruce Ross & Catherine Walker O’Neal & Amy Laura Arnold & Jay A. Mancini, 2017. "Money Matters in Marriage: Financial Concerns, Warmth, and Hostility Among Military Couples," Journal of Family and Economic Issues, Springer, vol. 38(4), pages 572-581, December.
    3. Casey J. Totenhagen & Melissa J. Wilmarth & Joyce Serido & Melissa A. Curran & Soyeon Shim, 2019. "Pathways from Financial Knowledge to Relationship Satisfaction: The Roles of Financial Behaviors, Perceived Shared Financial Values with the Romantic Partner, and Debt," Journal of Family and Economic Issues, Springer, vol. 40(3), pages 423-437, September.
    4. Catherine Stein & Erica Hoffmann & Erin Bonar & Jaclyn Leith & Kristen Abraham & Alexis Hamill & Shane Kraus & Shinakee Gumber & Wendy Fogo, 2013. "The United States Economic Crisis: Young Adults’ Reports of Economic Pressures, Financial and Religious Coping and Psychological Well-Being," Journal of Family and Economic Issues, Springer, vol. 34(2), pages 200-210, June.
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    8. Ashley B. LeBaron & E. Jeffrey Hill & Christina M. Rosa & Travis J. Spencer & Loren D. Marks & Joshua T. Powell, 2018. "I Wish: Multigenerational Regrets and Reflections on Teaching Children About Money," Journal of Family and Economic Issues, Springer, vol. 39(2), pages 220-232, June.
    9. Bryce L. Jorgensen & Damon L. Rappleyea & John T. Schweichler & Xiangming Fang & Mary E. Moran, 2017. "The Financial Behavior of Emerging Adults: A Family Financial Socialization Approach," Journal of Family and Economic Issues, Springer, vol. 38(1), pages 57-69, March.
    10. Cliff A. Robb & Swarn Chatterjee & Nilton Porto & Brenda J. Cude, 2019. "The Influence of Student Loan Debt on Financial Satisfaction," Journal of Family and Economic Issues, Springer, vol. 40(1), pages 51-73, March.
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    Cited by:

    1. Ashley B. LeBaron & Heather H. Kelley, 2021. "Financial Socialization: A Decade in Review," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 195-206, July.
    2. Rachel M. Okamoto & Matthew T. Saxey & Jocelyn S. Wikle & Ashley B. LeBaron-Black, 2024. "Confident Commitment: Financial Self-Efficacy’s Indirect Association with Romantic Relationship Flourishing Through Financial Behaviors," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 35-44, March.
    3. Xiaomin Li & Melissa A. Curran & Ashley B. LeBaron-Black & Bryce Jorgensen & Jeremy Yorgason & Melissa J. Wilmarth, 2023. "Couple-Level Attachment Styles, Finances, and Marital Satisfaction: Mediational Analyses Among Young Adult Newlywed Couples," Journal of Family and Economic Issues, Springer, vol. 44(1), pages 125-142, March.

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