Perceived Stability of Resources
Measures of perceived stability of resources capture the perception of one’s current financial situation compared to their financial situation during a previous time period.
Parke RD, Coltrane S, Duffy S, et al. Economic stress, parenting, and child adjustment in Mexican American and European American families. Child Development. 2004;75(6):1632-1656.
Mother and father reports were correlated at r=.32 for European American and r=.52 for Mexican American.
How is the family's current financial situation compared with the situation one year ago?
- Better off
- Worse off
Cokes C, Kornblum W. Experiences of mental distress by individuals during an economic downturn: The story of an urban city. Western Journal of Black Studies. 2010;31(1):24-35.
Cronbach's alpha = 0.875
Compared to a year ago, would you say it is more difficult for you to:
|Strongly agree||Agree||Somewhat agree||Neither agree nor disagree||Somewhat disagree||Disagree||Strongly disagree|
|Pay monthly utilities||o||o||o||o||o||o||o|
|Pay credit card bills||o||o||o||o||o||o||o|