Emerging adults and financial socialization: Contexts, relations and practices

Caroline Marchant; Tina Harrison

Emerging adults and financial socialization: Contexts, relations and practices

Research output: Contribution to conference › Paper › peer-review

Abstract / Description of output

Responding to the theme of the conference, this paper uses financial socialization as a theoretical lens through which to explore the impact of socialization contexts, relationships to socialization agents and socialization practices on emerging adults’ developing financial capability. The findings suggest that whilst parental socialization remains an enduring influence throughout emerging adulthood, it does not ensure effective financial capability development and there is also an increasing prevalence for potentially ill-informed self-directed financial socialization.

Original language	English
Publication status	Published - 26 Apr 2016
Event	Child and Teen Conference 2016 - Denamrk , Aalborg, Denmark Duration: 26 Apr 2016 → 29 Apr 2016

Conference

Conference	Child and Teen Conference 2016
Country/Territory	Denmark
City	Aalborg
Period	26/04/16 → 29/04/16

Keywords / Materials (for Non-textual outputs)

financial socialization
emerging adults

Cite this

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title = "Emerging adults and financial socialization: Contexts, relations and practices",

abstract = "Responding to the theme of the conference, this paper uses financial socialization as a theoretical lens through which to explore the impact of socialization contexts, relationships to socialization agents and socialization practices on emerging adults{\textquoteright} developing financial capability. The findings suggest that whilst parental socialization remains an enduring influence throughout emerging adulthood, it does not ensure effective financial capability development and there is also an increasing prevalence for potentially ill-informed self-directed financial socialization. ",

keywords = "financial socialization, emerging adults",

author = "Caroline Marchant and Tina Harrison",

year = "2016",

month = apr,

day = "26",

language = "English",

note = "Child and Teen Conference 2016 ; Conference date: 26-04-2016 Through 29-04-2016",

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TY - CONF

T1 - Emerging adults and financial socialization

T2 - Child and Teen Conference 2016

AU - Marchant, Caroline

AU - Harrison, Tina

PY - 2016/4/26

Y1 - 2016/4/26

N2 - Responding to the theme of the conference, this paper uses financial socialization as a theoretical lens through which to explore the impact of socialization contexts, relationships to socialization agents and socialization practices on emerging adults’ developing financial capability. The findings suggest that whilst parental socialization remains an enduring influence throughout emerging adulthood, it does not ensure effective financial capability development and there is also an increasing prevalence for potentially ill-informed self-directed financial socialization.

AB - Responding to the theme of the conference, this paper uses financial socialization as a theoretical lens through which to explore the impact of socialization contexts, relationships to socialization agents and socialization practices on emerging adults’ developing financial capability. The findings suggest that whilst parental socialization remains an enduring influence throughout emerging adulthood, it does not ensure effective financial capability development and there is also an increasing prevalence for potentially ill-informed self-directed financial socialization.

KW - financial socialization

KW - emerging adults

UR - http://www.en.cgs.aau.dk/research/conferences/ctc-2016

M3 - Paper

Y2 - 26 April 2016 through 29 April 2016

ER -

Emerging adults and financial socialization: Contexts, relations and practices

Abstract / Description of output

Conference

Keywords / Materials (for Non-textual outputs)

Other files and links

Fingerprint

Mind the gap: Young adult financial capability

Cite this