scholarly journals ATTITUDES TOWARD PARENTAL FINANCIAL SUPPORT OF YOUNG-ADULT CHILDREN

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S673-S673
Author(s):  
Radion Svynarenko

Abstract Studies have shown that Americans do not save enough for retirement because they prioritize providing support of their young-adult children over saving for retirement. Attitudes toward parental support has been largely overlooked in existing literature. Using a factorial vignette experimental design and a sample of 500 Americans of age 40 and older, this study investigated how manipulation of contextual factors changed endorsement of parental support. This study found that endorsement of parental support varied depending on the goal of support, whether it was to purchase a car, pay for school tuition, or to pay for down payment for a house. Thus, 67% of respondents endorsed parental financial assistance with purchasing a car, 44% endorsed down payment for a house, and only 38% endorsed paying for college tuition, reflecting overall social importance of these three elements in becoming an adult person. Gender of the child did not affect endorsement of parental financial support to adult children, indicating that there were no gender specific social expectations of who should receive more support from parents, daughters or sons. The major motives of parental support included (a) desire to be a “good parent” and to take responsibility for the child, (b) expectation that children would eventually pay back their parents, and (c) desire to make sacrifice for own children. Parental support may provide numerous benefits to both children and their parents; however, it is important to educate parents on ways to support their children without threatening their own financial needs in retirement.

2016 ◽  
Vol 38 (17) ◽  
pp. 2449-2473 ◽  
Author(s):  
Anne West ◽  
Jane Lewis ◽  
Jonathan Roberts ◽  
Philip Noden

In the United Kingdom and the United States, significant numbers of university graduates live with their parents, but little is known about expectations regarding parental support. This article focuses on a sample of British middle-class families and their coresident young adult children. It explores the extent to which parents and their graduate children have consistent expectations regarding coresidence and financial support and how such support is negotiated. Fifty-four in-depth interviews with parents and adult children were conducted. The findings reveal that expectations regarding coresidence were broadly consistent across parents and graduate children. Furthermore, within families, there was broad consistency regarding expectations of financial support, although there was variation between families. The nature and ways in which financial arrangements were negotiated varied between families, between parents, and between children. Expectations appear to be shaped by the child’s circumstances and norms, with negotiations of different types enabling a way forward to be agreed.


2012 ◽  
Vol 6 (3) ◽  
pp. 256-270 ◽  
Author(s):  
Rayna Amber Sage ◽  
Monica Kirkpatrick Johnson

2019 ◽  
Vol 4 (3) ◽  
pp. 310-319 ◽  
Author(s):  
Jean Jacob ◽  
Jesse A. Canchola ◽  
Paul Preston

2003 ◽  
Vol 39 (3) ◽  
pp. 271-290 ◽  
Author(s):  
Sarah Hillcoat-Nallétamby ◽  
A. Dharmalingam

Research often focuses on exchanges of help between mature adult children and ageing parents, but not between young adults and parents. As transitions to adulthood become more complex, and mid-life is increasingly associated with competing roles, this article examines factors influencing the likelihood that a mid-life parent continues to support an adult child who has left home. Empirical analysis uses data from New Zealand's 1997 `Transactions in the Mid-life Family' survey. Parents continue to support their child, but the factors influencing the flow of help vary by type of help. A child's, but not a parent's age, and the gender of both, have a significant influence on the provision of help, and although infrequent contact and long distances make exchanges more difficult, they do not completely inhibit them.


2021 ◽  
pp. 016402752110188
Author(s):  
Yifei Hou ◽  
Marissa Rurka ◽  
Siyun Peng

As Chinese households are becoming smaller with increasing numbers of adult children and older parents living apart, the extent to which patterns of parental support reflect traditional gender dynamics is under debate. Integrating theories of sibling compensation with ceremonial giving, we tested whether helping non-coresident parents in China is affected by sibship size and how these patterns depend on own and sibling(s)’ gender using a sample of 4,359 non-coresident parent-child dyads nesting within 3,285 focal adult children from China Health and Retirement Longitudinal Study 2013. Opposite to patterns in the United States and Europe, we found substitutions of daughters with sons—having more brothers was associated with daughters’ reduced probabilities and hours of helping. Sons’ patterns of helping were independent of number of brothers and sisters in the family, consistent with the theory of ceremonial giving. These findings reflect the dominance of traditional family dynamics despite changes in family structure.


2021 ◽  
Vol 39 (28_suppl) ◽  
pp. 149-149
Author(s):  
Meera Vimala Ragavan ◽  
Rosie Cunningham ◽  
Andrea Incudine ◽  
Hala Borno ◽  
Thomas Stivers

149 Background: Financial toxicity is characterized by financial burden that patients face. Patients and providers are seldom aware of available resource to help mitigate this growing problem. To date, our understanding of the myriad of financial repercussions of cancer treatment remains limited. Prior published research has largely been single center, thereby limiting generalizability across the United States. This study leveraged a national, multi-ethnic sample of patients who receive financial support services including comprehensive financial assistance, navigation, planning, and a guidebook with relevant resources from a non-profit entity (Family Reach) to evaluate financial stress in during cancer treatment. Methods: Patients were identified for study participation if they received at least one financial support resource from Family Reach between 1/1/2020-6/30/2020. An 11-item survey was sent electronically to all eligible participants who were given a one-month time frame to complete. A multivariate model was employed to identify sociodemographic predictors of high financial distress. Results: A total of 832 patients were contacted, of whom 330 (40%) completed the survey. Demographic information is included in table. Patient reported financial distress in the prior week was high, with 46% of patients reporting a distress level of seven or higher on a ten-point scale. In a multivariate regression, Hispanic/Latinx ethnicity was associated with a higher distress rating and higher patient reported financial stress. Lower annual household income was associated with lower reports of feeling in financial control, lower reports of meeting monthly expenses, and higher reports of financial stress. Conclusions: Patient-reported financial distress was high in a national sample of patients with cancer who had utilized at least one financial resource provided by Family Reach. Hispanic ethnicity and Lower Annual Income were predictors of higher patient-reported financial distress. Larger samples are needed to confirm these patterns. Delivery systems should develop targeted interventions, including referrals to organizations providing financial assistance, for patient populations at high risk for financial toxicity. [Table: see text]


Author(s):  
Lucia-Mihaela Grosu-Rădulescu

The chapter analyses female protagonists in recent young adult movies with a focus on the educational side of such productions. The text approaches femininity and empowerment of three well-known heroines: Hermione (from the Harry Potter series), Lyra (from His Dark Materials Season 1 TV series), and Alita (from Alita: Battle Angel). The chapter centers on the roles played by the three characters in the economy of the respective cinematic productions and on how their girlhood is framed by the visual text. The author's purpose is to unearth interpretations of gender-specific roles that impact the young viewers and their understanding of femininity. The chapter intends to open a conversation about the implication of possible worlds theory and social cognitive theory in interpreting depictions of girlhood in fantasy and Sci-Fi young adult movies. From the magician (Hermione) to the (supernatural) savior (Lyra) and ending with the cyborg (Alita), the analysis will also take into account tenets of feminism, Techno Feminism, and behavioral psychology.


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