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The effects of financial management strategies on quality of family life in remarriage
Authors:Kay Pasley  Eric Sandras  Mary Ellen Edmondson
Institution:(1) Human Development and Family Relations at the University of North Carolina at Greensboro, 27412 Greensboro, NC;(2) Department of Human Development and Family Studies, Oregon State University, Corvallis, OR;(3) Family Studies at the University of Kentucky, Lexington
Abstract:A conceptualization of financial management behavior in remarriage forwarded by Fishman (1983) is refined and used to study 91 remarried couples. Couples are categorized into three financial management strategy groups: those having only joint accounts, only separate accounts, and a combination of joint and separate accounts. The different groups' demographic characteristics and satisfaction and happiness regarding family life are compared. Overall few differences between groups are found on the demographic characteristics, and no differences are found on satisfaction or happiness. Her research interests are in remarriage and stepfamily relationships, fathering postdivorce, and stress and coping in adolescents. She received her Ed.D. from Indiana University. He received his M.S. degree in Human Development and Family Studies at Colorado State University, Ft. Collins, CO 80523. His research interests include factors affecting adjustment in remarriage and multiple remarriages and problem solving and creativity in families. before her death in December 1993. Her research interests were financial management and families in transition. She received her Ph.D. from the University of Tennessee at Knoxville.
Keywords:financial behavior  financial management  remarriage  satisfaction  stepfamily
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