Theory

The primary theories I draw upon in my research include the long-term development of financial well-being & asset accumulation (Figure 1), family financial socialization (Figure 2), an ecological life-course approach (Figure 3), and the ABC-X model (Figure 4), among others.

Figure 1. Long-term development of financial well-being & asset accumulation

Figure 2. Family financial socialization

Note. Gudmunson, C. G., & Danes, S. M. (2011). Family financial socialization: Theory and critical review. Journal of family and economic issues, 32, 644-667.

Figure 3. An ecological life-course approach 

Note. Hill, R. (1949). Families under stress. Harper & Row.