How Are Money Worries Affecting Middle-Aged, Young-Old, and Old–Old People’s Perceived Couple Relationship?

Woochul Park () and Jinhee Kim ()
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Woochul Park: Duksung Women’s University
Jinhee Kim: University of Maryland

Journal of Family and Economic Issues, 2018, vol. 39, issue 1, No 4, 34-48

Abstract: Abstract While the association between financial strain and couple interaction has been well-established in the literature on economic stress, little research has investigated the association among middle-aged and older populations. The present study examined the relationships between financial strain and couple functioning of middle-aged, young-old, and old–old people using the 2010 Health and Retirement Study. Findings show that subjective financial strain was positively associated with partner undermining and negatively with partner support, controlling for the effects of objective financial situations among middle-aged, young-old, and old–old couples. There were gender and age differences in the interaction effects of financial strain and financial control on couple functioning. For middle-aged men, financial control may have different associations with couple behaviors depending on the level of financial strain. When the level of financial strain is high, the positive effect of financial control disappears and the effect changes even in a negative way. Findings provide suggestions for practitioners and researchers.

Keywords: Financial strain; Financial control; Couple relationship; Age difference; Gender difference (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10834-017-9547-2

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