Consumer finance and parent-child communication

Abstract

Most research investigating parent-child communication about consumer finance has focused on consumer socialization and been based on the family communication patterns theory. Five additional theories are suggested for guiding consumer finance researchers as they seek to better understand the complexity of parent-child conversations: communication privacy management theory, relational dialectics theory, relational communication theory, emotional regulation theory, and communication accommodation theory. As families face increasingly complex financial circumstances and decisions, increasingly complex research exploring parent-child communication is needed. © 2008 Springer Science+Business Media, LLC.