Thursday, November 15th, 2018
Category: Financial Stress
Financial Strain, Social Support, and Well-Being of Young Adults
The purpose of this study was to examine financial strain, social support and the effects on overall well-being for young adults. Based on the theory of Social Capital and the use of the NLSY97 data set, the different social support systems were examined to determine if different social supports increased well-being among young adults. Three models were run, which included the full sample, married, and non-married individuals.