Abstract
As part of the Center for Financial Security’s 2010 symposium, this study examined the association between consumer debt and
divorce. Longitudinal data from the National Survey of Families and Households (N = 4,574 couples) indicated that consumer debt was positively associated with divorce. Financial conflict completely mediated
this association for both husbands and wives and marital satisfaction also completely mediated the association for wives.
These findings suggest that when families take financial steps to secure their financial stability they may also be taking
steps to secure their relationship stability.
divorce. Longitudinal data from the National Survey of Families and Households (N = 4,574 couples) indicated that consumer debt was positively associated with divorce. Financial conflict completely mediated
this association for both husbands and wives and marital satisfaction also completely mediated the association for wives.
These findings suggest that when families take financial steps to secure their financial stability they may also be taking
steps to secure their relationship stability.
- Content Type Journal Article
- Category Original Paper
- Pages 1-12
- DOI 10.1007/s10834-011-9274-z
- Authors
- Jeffrey Dew, Family, Consumer, and Human Development, Utah State University, 670 E. 500 N., Logan, UT 84321, USA
- Journal Journal of Family and Economic Issues
- Online ISSN 1573-3475
- Print ISSN 1058-0476