IDEAS home Printed from https://ideas.repec.org/a/kap/jfamec/v45y2024i4d10.1007_s10834-023-09933-9.html
   My bibliography  Save this article

Financial Stress as an Antecedent of Financial Snooping Attitudes

Author

Listed:
  • Morgan Joseph

    (Carleton University)

  • Johanna Peetz

    (Carleton University)

Abstract

Times of financial stress are riddled with uncertainty about the future. When faced with financial stress, some couples may attempt to re-establish a sense of control by engaging in financial snooping: looking at their partner’s financial information without their knowledge. In a series of studies, we examine financial stress and anxiety as predictors of financial snooping attitudes. In an initial study (N = 197), individuals who reported greater financial stress and financial anxiety reported more positive attitudes toward financial snooping. This link remained even when controlling for objective financial stressors (income amount and income volatility), relational predictors (attachment, trust), and demographic variables. In two experimental studies (N = 176; 288) participants were randomly assigned to either a momentary high financial stress condition or a low financial stress condition. The condition did not affect financial snooping attitudes, though correlational links between measured financial stress and positive snooping attitudes were replicated along with identifying several additional correlates of financial snooping attitudes (less trust, more anxious attachment, more income volatility, less financial harmony, less shared financial values, more trait suspicion, more general intrusive attitudes all predicted more positive snooping attitudes).

Suggested Citation

  • Morgan Joseph & Johanna Peetz, 2024. "Financial Stress as an Antecedent of Financial Snooping Attitudes," Journal of Family and Economic Issues, Springer, vol. 45(4), pages 786-799, December.
  • Handle: RePEc:kap:jfamec:v:45:y:2024:i:4:d:10.1007_s10834-023-09933-9
    DOI: 10.1007/s10834-023-09933-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10834-023-09933-9
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s10834-023-09933-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Tamara D. Afifi & Sharde Davis & Anne F. Merrill & Samantha Coveleski & Amanda Denes & Ariana F. Shahnazi, 2018. "Couples’ Communication About Financial Uncertainty Following the Great Recession and its Association with Stress, Mental Health and Divorce Proneness," Journal of Family and Economic Issues, Springer, vol. 39(2), pages 205-219, June.
    2. Emily N Garbinsky & Joe J Gladstone & Hristina Nikolova & Jenny G Olson & Margaret C Campbell & Susan M Broniarczyk, 2020. "Love, Lies, and Money: Financial Infidelity in Romantic Relationships [“Cognitive Interdependence: Commitment and the Mental Representation of Close Relationships,”]," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 47(1), pages 1-24.
    3. Jeffrey Dew & Connor Barham & E. Jeffrey Hill, 2021. "The Longitudinal Associations of Sound Financial Management Behaviors and Marital Quality," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 1-12, March.
    4. Monika Baryła-Matejczuk & Viktorija Skvarciany & Andrzej Cwynar & Wiesław Poleszak & Wiktor Cwynar, 2020. "Link between Financial Management Behaviours and Quality of Relationship and Overall Life Satisfaction among Married and Cohabiting Couples: Insights from Application of Artificial Neural Networks," IJERPH, MDPI, vol. 17(4), pages 1-16, February.
    5. de Bruijn, Ernst-Jan & Antonides, Gerrit, 2020. "Determinants of financial worry and rumination," Journal of Economic Psychology, Elsevier, vol. 76(C).
    6. Lynsey Romo, 2014. "“These Aren’t Very Good Times”: Financial Uncertainty Experienced by Romantic Partners in the Wake of an Economic Downturn," Journal of Family and Economic Issues, Springer, vol. 35(4), pages 477-488, December.
    7. Weaver III, J.B. & Mays, D. & Weaver, S.S. & Hopkins, G.L. & Eroglu, D. & Bernhardt, J.M., 2010. "Health information-seeking behaviors, health indicators, and health risks," American Journal of Public Health, American Public Health Association, vol. 100(8), pages 1520-1525.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jing Jian Xiao & Kyoung Tae Kim, 2022. "The Able Worry More? Debt Delinquency, Financial Capability, and Financial Stress," Journal of Family and Economic Issues, Springer, vol. 43(1), pages 138-152, March.
    2. Lynsey K. Romo & Noah Czajkowski, 2022. "An Examination of Redditors’ Metaphorical Sensemaking of Prenuptial Agreements," Journal of Family and Economic Issues, Springer, vol. 43(1), pages 1-14, March.
    3. Terri Friedline & Zibei Chen & So’Phelia Morrow, 2021. "Families’ Financial Stress & Well-Being: The Importance of the Economy and Economic Environments," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 34-51, July.
    4. Preston Morgan & HanNa Lim, 2020. "Depressive Symptom and Financial Conflict Relate Over Time Among Couples," Journal of Family and Economic Issues, Springer, vol. 41(3), pages 391-404, September.
    5. Helmut Herwartz & Christoph Strumann, 2024. "Too many cooks could spoil the broth: choice overload and the provision of ambulatory health care," International Journal of Health Economics and Management, Springer, vol. 24(3), pages 357-373, September.
    6. Ho, Foo Nin & Wong, Jared & Brodowsky, Glen, 2023. "Does masstige offer the prestige of luxury without the social costs? Status and warmth perceptions from masstige and luxury signals," Journal of Business Research, Elsevier, vol. 155(PA).
    7. Fred van Raaij, W. & Riitsalu, Leonore & Põder, Kaire, 2023. "Direct and indirect effects of self-control and future time perspective on financial well-being," Journal of Economic Psychology, Elsevier, vol. 99(C).
    8. Carole Comerton‐Forde & John de New & Nicolás Salamanca & David C. Ribar & Andrea Nicastro & James Ross, 2022. "Measuring Financial Wellbeing with Self‐Reported and Bank Record Data," The Economic Record, The Economic Society of Australia, vol. 98(321), pages 133-151, June.
    9. Carlos-María Alcover & Sergio Salgado & Gabriela Nazar & Raúl Ramírez-Vielma & Carolina González-Suhr, 2022. "Job Insecurity, Financial Threat, and Mental Health in the COVID-19 Context: The Moderating Role of the Support Network," SAGE Open, , vol. 12(3), pages 21582440221, September.
    10. Matthew T. Saxey & Jeffrey P. Dew & Jeremy B. Yorgason, 2022. "Bedtime and the Budget: Longitudinal, Actor–Partner Connections between Sleep Quality and Financial Management Behaviors in Newlywed Couples," IJERPH, MDPI, vol. 20(1), pages 1-14, December.
    11. Brandan E. Wheeler & Cecilia Brooks, 2023. "Financial Concerns, Relationship Happiness, and Financial Management Behaviors: A Moderating Relationship Among Married and Cohabiting Respondents," Journal of Family and Economic Issues, Springer, vol. 44(2), pages 325-341, June.
    12. Hilbert, Leon P. & Noordewier, Marret K. & van Dijk, Wilco W., 2022. "Financial scarcity increases discounting of gains and losses: Experimental evidence from a household task," Journal of Economic Psychology, Elsevier, vol. 92(C).
    13. Tomasz Potocki & Sylwester Białowąs, 2023. "What Factors Predict a Positive Change in a Consumer’s Financial Capability over Time? The New Evidence from Poland," Journal of Family and Economic Issues, Springer, vol. 44(3), pages 634-654, September.
    14. Di Novi, Cinzia & Kovacic, Matija & Orso, Cristina Elisa, 2024. "Online health information seeking behavior, healthcare access, and health status during exceptional times," Journal of Economic Behavior & Organization, Elsevier, vol. 220(C), pages 675-690.
    15. Xiaomin Li & Melissa A. Curran & Ashley B. LeBaron & Joyce Serido & Soyeon Shim, 2020. "Romantic Attachment Orientations, Financial Behaviors, and Life Outcomes Among Young Adults: A Mediating Analysis of a College Cohort," Journal of Family and Economic Issues, Springer, vol. 41(4), pages 658-671, December.
    16. Simon J Blanchard & Jacob Goldenberg & Koen Pauwels & David A Schweidel, 2022. "Promoting Data Richness in Consumer Research: How to Develop and Evaluate Articles with Multiple Data Sources [The Critical Role of Methodological Pluralism for Policy-Relevant Empirical Marketing ," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 49(2), pages 359-372.
    17. Fenaba R. Addo, 2017. "Financial Integration and Relationship Transitions of Young Adult Cohabiters," Journal of Family and Economic Issues, Springer, vol. 38(1), pages 84-99, March.
    18. Tefft, Nathan, 2011. "Insights on unemployment, unemployment insurance, and mental health," Journal of Health Economics, Elsevier, vol. 30(2), pages 258-264, March.
    19. Aleksandras Krylovas & Natalja Kosareva & Stanislav Dadelo, 2024. "Algorithm for Determination of Indicators Predicting Health Status for Health Monitoring Process Optimization," Mathematics, MDPI, vol. 12(8), pages 1-23, April.
    20. Hilbert, Leon P. & Noordewier, Marret K. & van Dijk, Wilco W., 2022. "The prospective associations between financial scarcity and financial avoidance," Journal of Economic Psychology, Elsevier, vol. 88(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jfamec:v:45:y:2024:i:4:d:10.1007_s10834-023-09933-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.