Download This PaperNet Worth Change: Beginning and Expanding Life Cycle Stages
19 Pages Posted: 29 May 2014
Date Written: 1994
Abstract
Studying change in net worth enables assessment of a family's financial progress. Longitudinal panel data from 136 couples in the first 11 years of marriage were used in this study. Influences of selected variables on percentage change in net worth were examined. Change in household income and wife's change in educational level were related negatively to percentage change in net worth. Implications for researchers and for financial educators, counselors, and planners are discussed
Keywords: family life cycle, financial management, net worth
Suggested Citation: Suggested Citation
Fitzsimmons, Vicki and Leach, Lauren J., Net Worth Change: Beginning and Expanding Life Cycle Stages (1994). Journal of Financial Counseling and Planning, Vol. 5, No. 1, 1994, Available at SSRN: https://ssrn.com/abstract=2443084
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