financial socialization, family finance, disagreements, marital conflict, parental modeling


Research to date has shown that childhood financial socialization is significantly associated with the financial attitudes and behaviors of children, youth, and adults. However, the extent to which childhood financial socialization is connected to marital outcomes remains largely unknown. Using data from 1,473 newly married couples who participated in a nationally representative study, we examined the relationship between childhood financial socialization and reported marital financial disagreements by utilizing actor-partner interdependence structural equation models (APIM SEM). Our results suggest that implicit (i.e. parental modeling) and explicit (i.e. direct conversations or experiential learning) financial socialization significantly and negatively relate to marital financial disagreements for both men and women. Further, having a spouse who was explicitly taught about finances is significantly and negatively associated with financial disagreements, independently of one’s own explicit financial socialization. These results highlight the importance of considering marital outcomes in the financial socialization literature and suggest that childhood financial socialization is a protective factor for marital financial disagreements.

Original Publication Citation

Gibby, Ashley Larsen, Logan Pettit*, E. Jeffrey Hill, Jeremy Yorgason, and Erin Kramer Holmes. 2020. “Implicit and Explicit Childhood Financial Socialization: Protective Factors for Marital Financial Disagreements.” Journal of Family and Economic Issues.

Document Type

Peer-Reviewed Article

Publication Date



Journal of Family and Economic Issues




Family, Home, and Social Sciences


Family Life

University Standing at Time of Publication

Assistant Professor