Honors Program


Document Type


Date of this Version



Micek, Brenna.Young, Dumb, and Broke: How Family Communication Affects Financial Literacy. Undergraduate Honors Thesis. University of Nebraska - Lincoln. 2020.


Copyright Brenna Micek 2020.


Thousands of Americans carry debt, whether it be a mortgage, student loans, or auto loans. The average American graduates with at least $35,000 in debt (Kurt, 2019). Many Americans are not confident in their financial capabilities (Godsted & McCormick, 2007). Research has shown that learning from parents leaves a larger impact than learning in the classroom (Lucas & Buzzanell, 2011). The purpose of this study is to explore how family communication – specifically conversation and conformity orientation – and relational closeness within a parent-child relationship affect messages about finances and the emerging adult’s financial literacy. Conversation orientation, conformity orientation, and relationship satisfaction were found to not be significant predictors of learning from parental conversations about finances.