Measures of financial adjustments capture the financial behaviors (e.g., selling household items, reducing spending) one engages in to meet financial obligations.
Wadsworth ME, Santiago CD. Risk and resiliency processes in ethnically diverse families in poverty. Journal of Family Psychology. 2008;22(3):399-410.
Cronbach’s alpha = 0.74
r = 0.30 (statistically significantly correlated with family poverty-related stress)
In order to save money or get money to cover household expenses during the past year, did you:
|Move to a cheaper residence||o||o|
|Move in with relatives||o||o|
|Reduce spending on vacations||o||o|
|Reduce spending on clothes||o||o|
|Substitute cheaper food products||o||o|
|Eat less meat||o||o|
|Trade your car for a cheaper model||o||o|
|Cut back on entertainment expenditures||o||o|
|Reduce spending on nonessentials||o||o|
|Borrow or were given money by a relative||o||o|
*Response options changed to “yes/no” for the Money-Health Connection study. In the Wadsworth and Santiago (2008) study, respondents completed questions on a 5-point scale, indicating how often each of 11 items was true for them in the past 6 months.
Lempers JD, Clark-Lempers D, Simons RL. Economic hardship, parenting, and distress in adolescence. Child Development. 1989;60(1): 25-39.
Cronbach’s alpha = 0.86 of 11-items from a 12-item scale of “Economic Hardship.”
During the last 6 months, how often did your family:
|Cut back on social activities and entertainment expenses||o||o||o||o|
|Postpone major household purchases||o||o||o||o|
|Postpone clothing purchases||o||o||o||o|
|Change transportation patterns to save money||o||o||o||o|
|Change food shopping or eating habits to save money||o||o||o||o|
|Cut back on charitable contributions||o||o||o||o|
|Reduce household utility use||o||o||o||o|
|Sell some possessions||o||o||o||o|
|Postpone medical care to save money||o||o||o||o|
Take additional employment to help meet expenses