How does financial life shape emerging adulthood? short-term longitudinal associations between perceived eatures of emerging adulthood, financial behaviors, and financial well-being
ENBecoming independent from parental financial support and developing financial capabilities are important life tasks in emerging adulthood (EA). However, research on how the accomplishment of these tasks contributes to perceptions of EA features is rare. This study investigates how functioning in the financial domain shapes perceptions of EA features during the early years of EA. Participants in this short-term longitudinal study were 533 emerging adults (57.2% women; Mage ¼ 18.94, SDage ¼ .73, range 18–21 years) freshly enrolled into a set of programs at three higher education institutions. Results show that (a) financial wellbeing promotes more desirable (perceived) EA features, while financial difficulties tend to be related to more negative ones; (b) change in economic dependence is primarily driven by financial well-being; (c) (perceived) features of EA also contribute to how one functions in financial life; and (d) parental socioeconomic status plays at least some role in these matters. Keywords: longitudinal, transitions to adulthood, well-being, emerging adulthood, financial well-being, economic independence, financial behaviors. [From the publication]
- Linking family financial socialization with its proximal and distal outcomes: which socialization dimensions matter most for emerging adults’ financial identity, financial behaviors, and financial anxiety? / Rimantas Vosylis and Rasa Erentaitė. Emerging adulthood. 2020. 8, 6, p. 464-475.
- Normatyvinis ir funkcinis kartų solidarumas Lietuvoje / Sigita Kraniauskienė. Sociologija. Mintis ir veiksmas. 2013, Nr. 1 (32), p. 89-121.
- Review of selected aspects of wind energy market development in Poland and Lithuania in the face of current challenges / Ewa Chomac-Pierzecka, Hubert Gąsinski, Joanna Rogozinska-Mitrut, Dariusz Sobon and Sebastian Zupok. Energies (Basel). 2023, 16, 473, 17 p.
- The Role of financial identity processes in financial behaviors and financial well-being / Rimantas Vosylis, Angela Sorgente, Margherita Lanz. Emerging adulthood. 2021, vol. 10, no. 5, p. 1132-1145.
