Journal of Financial Counseling and Planning’s Post

Having a Significant Other Reduced Financial Strain During the COVID-19 Pandemic AFCPE® (Association for Financial Counseling and Planning Education®) This article explores how having a significant other influenced financial strain during the COVID-19 pandemic. The results reveal that individuals with a significant other reported lower levels of financial strain compared to those who reported having no significant other, even while controlling for factors such as income, net worth, and employment status. The findings emphasize (1) the protective role that a supportive partner can play in financial health and (2) that single individuals may be particularly vulnerable during times of financial volatility. The robust discussion offers valuable insights for financial practitioners on how to address and support clients facing financial challenges.

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics