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Journal of Family and Economic Issues

, Volume 39, Issue 1, pp 34–48 | Cite as

How Are Money Worries Affecting Middle-Aged, Young-Old, and Old–Old People’s Perceived Couple Relationship?

  • Woochul ParkEmail author
  • Jinhee Kim
Original Paper
  • 272 Downloads

Abstract

While the association between financial strain and couple interaction has been well-established in the literature on economic stress, little research has investigated the association among middle-aged and older populations. The present study examined the relationships between financial strain and couple functioning of middle-aged, young-old, and old–old people using the 2010 Health and Retirement Study. Findings show that subjective financial strain was positively associated with partner undermining and negatively with partner support, controlling for the effects of objective financial situations among middle-aged, young-old, and old–old couples. There were gender and age differences in the interaction effects of financial strain and financial control on couple functioning. For middle-aged men, financial control may have different associations with couple behaviors depending on the level of financial strain. When the level of financial strain is high, the positive effect of financial control disappears and the effect changes even in a negative way. Findings provide suggestions for practitioners and researchers.

Keywords

Financial strain Financial control Couple relationship Age difference Gender difference 

Notes

Compliance with Ethical Standards

Conflict of interest

Woochul Park and Jinhee Kim declares that they have no conflict of interest.

Ethical Approval

All procedures performed in studies involving human participants were in accordance with the ethical standards of the institutional and/or national research committee and with the 1964 Helsinki declaration and its later amendments or comparable ethical standards.

Informed Consent

Informed consent was obtained from all individual participants included in the study.

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Copyright information

© Springer Science+Business Media, LLC 2017

Authors and Affiliations

  1. 1.Department of Human Development and Family StudiesDuksung Women’s UniversitySeoulSouth Korea
  2. 2.Department of Family ScienceUniversity of MarylandCollege ParkUSA

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