Of Money and Love: Joint Banking, Relationship Quality, and Cohabitation

Citation

Steuber, Keli Ryan & Paik, Anthony (2014). Of Money and Love: Joint Banking, Relationship Quality, and Cohabitation. Journal of Family Issues. vol. 35 (9) pp. 1154-1176

Abstract

This research examines whether being engaged and having a joint banking account influence relationship quality among cohabitors. Drawing on interviews with 936 young cohabitors from Wave III of the National Longitudinal Study of Adolescent Health, we estimated ordinary least squares regression of relationship quality on joint banking and engagement. The main effects of joint banking and engagement on relationship quality were both significant and positive, but their interaction was negative. These results indicated that nonengaged cohabitors with joint banking have levels of relationship quality similar to engaged cohabitors, but are advantaged relative to those who are neither engaged nor share a joint bank account. The results suggest the need for increased attention to joint-banking arrangements in cohabitation.

URL

http://jfi.sagepub.com/content/early/2013/09/13/0192513X13503324.abstract

Reference Type

Journal Article

Journal Title

Journal of Family Issues

Author(s)

Steuber, Keli Ryan
Paik, Anthony

Year Published

2014

Volume Number

35

Issue Number

9

Pages

1154-1176

DOI

10.1177/0192513x13503324

Reference ID

4633