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Emerging Adults articles
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Becoming an Adult—What Does That Mean?

September 24, 2024 09:55 AM
Life is often ironic. As a young child, I always wanted to grow up. I was constantly looking forward to my next birthday and getting a little bit taller so I could finally go on that one amusement park ride. Now as an emerging adult, life is more complex, and financial responsibility tends to just increase with each new trip around the sun. Life is full of decisions related to housing, friends, a career, and what kind of person you want to become. The fact that everything costs money and bills are a new constant can often feel daunting and overwhelming. While achieving adult status can be rewarding and fulfilling, it is in moments like these that I sometimes find myself thinking it would be nice to go back to being a child again.
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Investing in Yourself: Including Finances in Your Self-Care

August 09, 2024 08:57 AM
As rent and grocery prices were rising, my university course load became heavier than ever before. I wondered if I would be able to work enough to keep up with bills and still be able to work towards my goal of higher education. I frantically searched for a job that would pay enough to cover my bills but be flexible enough to accommodate my scattered and demanding class schedule. This was a taxing experience that affected me in more than just my financial well-being, it affected my overall well-being causing a looming sense of stress that seemed to be ever present.
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Who Affects You? How Parents, Peers, Employment, and Media Can Influence Your Spending Behaviors

July 10, 2024 12:19 PM
We do not all start with a perfect knowledge of what to do with our finances, I know I did not. Our financial knowledge and behaviors are affected by the people we are surrounded by. What we learn about finances during adolescence will affect our future financial behaviors. In a study conducted across multiple locations, Dr. LeBaron-Black and other researchers studied how parents, peers, employment, and media impact financial habits. Which one do you think has influenced you the most? In the study, they found that parents had the greatest influence on financial behaviors.[1] They also found that learning about money from parents and employment helped emerging adults develop good financial habits, while learning about money from peers and media encouraged bad financial habits.
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The Mental Toll of Student Debt, and Other Predictors of College Students’ Financial Stress

January 30, 2024 03:18 PM
Dr. Kristy Archuleta and colleagues studied[1] 180 college students who sought financial counseling. Their objective was to explore the impact of financial concerns on individuals’ mental well-being. The investigation delved into various factors, including debt, individuals’ satisfaction with their financial situation, and their knowledge of finances, aiming to discern the relationships between these factors and the experience of financial stress. The primary focus of the study was to uncover the influence of student debt on an individual’s financial anxiety.
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How Parents and Social Factors Influence Finances During Ramen-Filled College Years

December 01, 2023 09:36 AM
The years following high school are a time of financial change and stress.[1] High school graduates who opt for a college education often find themselves trading home-cooked meals for microwave ramen. Many college students find themselves with limited funding throughout their education, often graduating with debt.[2] Lacking funds increases the importance of healthy financial habits. After all, to some degree financial success is less about how much you have, and more about how you handle what you have. However, many students do not have the financial resources and information needed to successfully navigate these years. Are there ways in which these young adults can enter college better prepared?
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When Pulling Yourself Up by the Bootstraps Isn’t Everything: Factors that Influence Young Generations’ Education

December 01, 2023 09:31 AM
As a student amid many classes, bogged down by assignments and under pressure to learn a mountain of material, it may seem that the student alone is responsible for their own academic success. However, family economics research has shown that this is not completely true. While personal responsibility is undoubtedly needed for academic success, a student’s educational journey is impacted by a range of variables from government policies to parenting style. In Dr. Xiaohui (Sophie) Li’s article, What Impacts Young Generations’ School/College Education Through the Lens of Family Economics? A Review on JFEI Publications in the Past Ten Years, Li splits up her discussion of the factors that impact young generations’ education into three categories: the macro-, meso-, and micro-levels of influence.[1] These levels are a way to look at the influences in a person’s life from a broad, big-picture lens (considering influences such as the government or society) to a close, direct lens (such as the family). In doing so, Li provides insight into challenges a student might encounter while obtaining an education.
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Rated Mature for All Audiences: Is Financial Identity 18+?

August 25, 2023 09:37 AM
As an emerging adult (ages 18-30), I can confidently say I do not actually feel like an adult. I still rely on my parents for car insurance, and regularly find myself asking what the difference between a Roth and Traditional IRA account is (many apologies to my family finance teachers, you really did your best to educate me). Many emerging adults find themselves in the same boat. With an economy that seems to require more and more of you to become a “fully fledged” adult with a house, car, and steady income stream, it can be difficult to identify as an adult on your 18th birthday.
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The Rising Generation of Researchers

July 19, 2023 09:11 AM
This article was based on the project Whats and Hows of Family Financial Socialization[i], a study that spanned over 3 years. Interviewing university students and their parents and grandparents, researchers sought to learn how family finance is taught and passed down through generations.
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Better Financial Education from Parents, Better Romantic Relationships for Young Adults?

June 06, 2023 02:52 PM
When you think of how you learned about money as a child and as a teenager, what do you think of? You might remember parental advice about spending and saving, maybe a warning about debt or excessive credit card use, and, possibly, your first piggy bank. Parents’ financial teachings for their children and teenagers are especially important today given the challenges that many emerging adults, those ages 18–30, are facing in the U.S.
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Dollars and Daddy Issues

May 03, 2023 09:15 AM
To be clear, I don’t hate my dad. In fact, Enrico is a great guy. However, family research makes it clear that parents’ choices affect their children, and for myself, my father’s gambling addiction had a significant impact on me.
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Finances for Emerging Adults: From Cradle to Owning Your Own Crib

November 28, 2022 12:11 PM
Emerging adulthood is a time of change that can influence whether or not young adults become their ideal adult selves.1
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