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Author: Koposko, Janet
Resulting in 1 citation.
1. White, Kenneth J.
McCoy, Megan
Watkins, Kimberly
Chen, XianYan
Koposko, Janet
Mizuta, Matthew
"We Don't Talk About That": Exploring Money Conversations of Black, Hispanic, and White Households
Family and Consumer Sciences published online (25 April 2021): DOI: 10.1111/fcsr.12397.
Also: https://onlinelibrary.wiley.com/doi/10.1111/fcsr.12397
Cohort(s): NLSY97
Publisher: Wiley Online
Keyword(s): Ethnic Differences; Financial Behaviors/Decisions; Racial Differences

Permission to reprint the abstract has not been received from the publisher.

Communication around finances is essential to relational satisfaction and the acquisition of financial skills. Nevertheless, people avoid financial discussions. Using data from the National Longitudinal Survey of Youth (n = 8,006), this study explored how race/ethnicity relates to financial discussions through the lens of capital theory. Findings show that Black and Hispanic households had the lowest rates of financial discussions. When discussions did occur, the odds of them happening were higher with friends and lower with spouses/partners or family. Family and consumer science professionals can use the results to encourage financial communication in multiple types of relationships and households.
Bibliography Citation
White, Kenneth J., Megan McCoy, Kimberly Watkins, XianYan Chen, Janet Koposko and Matthew Mizuta. ""We Don't Talk About That": Exploring Money Conversations of Black, Hispanic, and White Households." Family and Consumer Sciences published online (25 April 2021): DOI: 10.1111/fcsr.12397.