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Financial Stress

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Encyclopedia of Adolescence

Overview

Financial stress is often associated with negative adolescent outcome, such as problem behavior, feelings of depression and anxiety. In this chapter, two primary hypotheses are explained about the reasons for socioeconomic status differences in rates of psychopathology and problem behavior of adolescents, namely the social selection and social causation hypothesis. Then, two major frameworks consistent with the social causation hypothesis, namely the family investment model and the family stress model, are described. Finally, evidence is provided that financial stress has direct as well as indirect effects on adolescents outcome.

Socioeconomic Status and Adolescent Development

Even in rich communities, growing up or living in poverty or at-risk-of-poverty remains a barrier for achieving success at school, at the workplace and in family life. Moreover, growing up and living with financial stress is detrimental to one’s physical and mental health. Rates of psychopathology and...

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Author information

Authors and Affiliations

  1. Department of Communication Studies, Ghent University, Ghent, Belgium

    Koen Ponnet

  2. Department of Communication Studies, University of Antwerp, Antwerp, Belgium

    Koen Ponnet

  3. Higher Institute for Family Sciences, Odisee, Brussels, Belgium

    Koen Ponnet

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  1. Koen Ponnet
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Correspondence to Koen Ponnet .

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Editors and Affiliations

  1. Indiana University, Bloomington, Indiana, USA

    Roger J.R. Levesque

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© 2016 Springer International Publishing Switzerland

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Ponnet, K. (2016). Financial Stress. In: Levesque, R. (eds) Encyclopedia of Adolescence. Springer, Cham. https://doi.org/10.1007/978-3-319-32132-5_801-1

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  • DOI: https://doi.org/10.1007/978-3-319-32132-5_801-1

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  • Publisher Name: Springer, Cham

  • Online ISBN: 978-3-319-32132-5

  • eBook Packages: Springer Reference Behavioral Science and PsychologyReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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