ERIC Number: EJ1241038
Record Type: Journal
Publication Date: 2019
Pages: 11
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1052-3073
EISSN: N/A
The Effect of Parental Warmth during Adolescence on Later Income and Subjective Well-Being: Comparing Sexual Minority and Heterosexual Young Adults
Journal of Financial Counseling and Planning, v30 n2 p202-212 2019
This study explores the influence of parental warmth during adolescence on financial experiences and well-being across the transition to adulthood. Given the poorer financial outcomes and more complicated parental relationships reported by sexual minorities compared to their sexual majority counterparts, the present study examined the moderating impact of sexual orientation during emerging adulthood. The current study used three waves of data from the National Longitudinal Study of Adolescent eHealth. Groups were categorized as identifying as either heterosexual (n = 4,337) or nonheterosexual (referred to as "sexual minorities," n = 482), resulting in an overall sample size of (n = 4,819). Using a multiple group structural equation model, results indicated that while mediated by future financial expectations, parental warmth during adolescence positively predicted income and well-being during adulthood in both sexual minority and heterosexual individuals. Significant differences were found between these two groups. Parental warmth was a stronger predictor of later well-being in sexual minority individuals. Implications for practitioners are discussed including the need for further cultural competency related to sexual minority populations.
Descriptors: Parenting Styles, Parent Child Relationship, Adolescents, Income, Well Being, LGBTQ People, Sexual Orientation, Young Adults, Money Management, Longitudinal Studies, Predictor Variables, Individual Development
Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Assessments and Surveys: National Longitudinal Study of Adolescent Health
Grant or Contract Numbers: N/A