Families and Financial Stress in HBFT

Module Sections:

Family Economic Stress Model

The family economic stress model was developed from the Iowa Youth and Families Project, a longitudinal study of 500 European-American families in the 1980's rural Midwest (Conger & Elder, 1994). The model suggests that rather than absolute levels of income and economic resources, it is parents' perceived financial inadequacy that significantly affects children's behavioral adjustment. The model links income and child adjustment through a chain of mediating variables: low family income and negative financial events create economic pressure; increases in economic pressure are associated with decline in parental mental health and increases in parental conflict; poor parental mental health leads to lower levels of involved, nurturing parenting and increased coercive parenting, which leads to poorer socioeconomic adjustment among children.

Family Economic Stress Model