“These Aren’t Very Good Times”: Financial Uncertainty Experienced by Romantic Partners in the Wake of an Economic Downturn

Lynsey Romo ()

Journal of Family and Economic Issues, 2014, vol. 35, issue 4, 477-488

Abstract: In the wake of the economic downturn, economic uncertainty is roughly double that of the past 23 years. Research indicates married couples are uncertain about finances and financial uncertainty can adversely affect individual and relational outcomes, yet little is known about the nature of financial uncertainty and how it is manifested. Thus, this investigation relied on face-to-face interviews to uncover the financial uncertainty experienced by 40 individuals in married or cohabiting relationships. The study found financial uncertainty was largely universal regardless of participant age, marital or socioeconomic status, sex, or family background. Five types of financial uncertainty emerged from the interviews: (1) economic uncertainty; (2) management uncertainty; (3) personal uncertainty; (4) communication uncertainty; and (5) chronic uncertainty, underscoring the importance of financial communication. Copyright Springer Science+Business Media New York 2014

Keywords: Communication; Economic downturn; Finances; Romantic relationships; Uncertainty (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10834-014-9389-0 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jfamec:v:35:y:2014:i:4:p:477-488

Ordering information: This journal article can be ordered from
http://www.springer. ... es/journal/10834/PS2

DOI: 10.1007/s10834-014-9389-0

Access Statistics for this article

Journal of Family and Economic Issues is currently edited by Joyce Serido

More articles in Journal of Family and Economic Issues from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().