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E2a Financial Stress and Financial Well-Being Among Married Individuals
Key Words
Financial Stress, Financial Knowledge, Financial Behavior, Financial Well-being, Married Couples.
Short Description
Using data from the 2018 FINRA Investor Education Foundation's National Financial Capability Study (NFCS), this study examined how financial stress, financial knowledge, and financial behavior are associated with financial well-being among married individuals. Two important research questions are: 1) What is the relationship between financial stress and financial well-being among married individuals? and 2) How do the effects of financial knowledge and financial behavior on financial well-being vary among married individuals? This study further investigated what socioeconomics of married individuals (e.g., age, gender, race/ethnicity, education, employment status, and household income) are associated with their level of financial well-being.
First & Corresponding Author
Yoon Lee, Utah State University
Authors in the order to be printed
Yoon Lee, Lesli Dustin