economic distress in the United States, family stability, poverty in the United States
The term “family finances” encompasses the many ways in which families earn money, procure goods and services, save, and financially interact within financial infrastructures. The study of family finances is important to both scholars and to family finance practitioners who help families attain their financial goals and enjoy greater financial security. Historically, research on family finances has encompassed such topics as financial literacy, financial well‐being, financial behaviors, and the financial outcomes of these topics. More recently, research has focused on financial capability as well as on the nonfinancial outcomes (e.g., individual health, relationship quality) associated with family finances.
Original Publication Citation
Dew, J. P. (2016). Family finances. The Wiley Blackwell Encyclopedia of Family Studies.
BYU ScholarsArchive Citation
Dew, Jeffrey P., "Family Finances" (2016). Faculty Publications. 4505.
John Wiley & Sons, Inc.
Family, Home, and Social Sciences
© 2016 John Wiley & Sons, Inc.
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