Topic 3: Relationships (Phần 2)

Money habits matter a lot in a relationship, even if you’re not married or living together, concludes Melissa A Curran, an associate professor at the University of Arizona, in a new study published in the Journal of Family and Economic Issues. That’s why she recommends being picky when it comes to dating. “Young adults should choose their romantic partner wisely,” Curran tells CNBC Make It.

She and her colleagues assessed over 500 young twenty-somethings in committed relationships and had them rate their health and overall life satisfaction. She asked them questions related to their partners’ financial responsibility, such as, Do they spend within a budget? And, Do they usually pay off their credit cards in full? The researchers found that the more responsible the participants perceived their partners to be with money, the higher their own sense of well-being and the happier they were with their relationships. The opposite was also true. Participants who thought their partners were bad with money had a lower sense of well-being and felt less committed to the relationship.

“This finding makes sense developmentally as the young adults are transitioning to adulthood,” says Curran. “It would make sense for them to draw upon romantic partners in terms of financial socialization agents.” By socialization agents, she means people who can teach and influence the participants on matters related to money. The idea is that the financial habits of whoever you’re dating can rub off on you. If your partner is bad with money, you might become bad with money too, which in turn affects your life overall, since the researchers also confirmed that your own financial habits definitely affect your well-being.

For many young adults, parents are the most influential socialization agents. So, in this study, Curran also asked the participants about what their parents expected of them when it came to their finances. Did their parents, for example, expect them to track their spending? The researchers found that high expectations from an involved parent led the participants to perform better on a financial literacy test. But, unlike romantic partners, they did not seem to influence well-being.

If you’re bothered by your significant other’s over-spending or general irresponsibility with money, Curran and her colleagues recommends talking things through. “Having discussions about finances and making financial decisions together helps couples become closer and more satisfied with their relationships.”

(source: https://www.cnbc.com/)

Read the following passage and mark the letter A, B, C, or D to indicate the correct answer to each of the questions from 1 to 8.

It is natural for young people to be critical of their parents at times and to blame them for most of the misunderstandings between them. They have always complained, more or less justly, that their parents are out of touch with modern ways; that they are possessive and dominant; that they do not trust their children to deal with crises; that they talk too much about certain problems, and that they have no sense of humor, at least in parent-child relationships. I think it is true that parents often underestimate their teenage children and also forget how they themselves felt when they were young.

Young people often irritate their parents with their choices in clothes and hairstyles, in entertainers and music. This is not their motive. They feel cut off from the adult world into which they have not yet been accepted. So they create a culture and society of their own. Then, if it turns out that their music or entertainers of vocabulary or clothes or hairstyles irritate their parents, this gives them additional enjoyment. They feel they are superior, at least in a small way, and that they are leaders in style and taste.

Sometimes you are resistant and proud because you do not want your parents to approve of what you do. If they approve, it looks as if you are betraying your own age group. But in that case, you are assuming that you are the underdog; you cannot win; but at least you keep your honor. This is a passive way of looking at things. It is natural enough after long years of childhood, when you were completely under your parents’ control. But it ignores the fact that you are now beginning to be responsible for yourself.

If you plan to control your life, cooperation can be part of that plan. You can charm others, especially your parents, into doing things the way you want. You can impress others with your sense of responsibility and initiative, so that they will give you the authority to do what you want to do.