Citation
Addo, Fenaba R. (2017). Financial Integration and Relationship Transitions of Young Adult Cohabiters.
Journal of Family and Economic Issues, 38(1), 84-99. PMCID: PMC6049089
Abstract
Despite increasing rates of pre-marital cohabitation, the majority of research on household financial practices in the United States has focused on married couples. This study explored ways young adult cohabiters (N = 691) financially combined their lives and the associations with subsequent relationship outcomes. Results indicated cohabiters were intertwining credit histories and bank accounts, and acquiring assets such as purchasing homes together. Sharing a mortgage was associated with an increased likelihood of marriage, whereas joint credit card accounts increased the odds of dissolution. Cohabiters with an intent to marry were much more likely to start integrating their finances prior to marriage. This study sheds light on the heterogeneous ways that a recent cohort of young adult couples manages their finances and navigates relationships.
URL
https://doi.org/10.1007/s10834-016-9490-7Reference Type
Journal Article
Year Published
2017
Journal Title
Journal of Family and Economic Issues
Author(s)
Addo, Fenaba R.
Article Type
Regular
PMCID
PMC6049089
Data Set/Study
National Longitudinal Studys (NLS)
Continent/Country
United States of America
State
Nonspecific
ORCiD
Addo - 0000-0003-1935-3300
