‘We're All in This Together… Maybe Too Much?’: The Financial Enmeshment Scale

ABSTRACT Financial enmeshment describes a family dynamic where financial boundaries blur. Although research acknowledges its impact, there was no specific tool to measure it. The Financial Enmeshment Scale (FES) addresses this gap. The FES is developed through item creation, validation procedures and data collection. The resulting scale has three subcategories: Financial Obligation and Support, Financial Interference and Control and Financial Boundaries. The FES demonstrates good reliability and reflects well on financial dynamics within families. The scale was validated through two studies. The first study, involving 375 participants, was used for preliminary analysis, whereas the second study, with 1160 participants, provided the final data. This paves the way for the FES to be a valuable tool in future research and interventions to improve financial well‐being.

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Publication Details

Journal
International Social Science Journal
Published
2025-04-11
DOI
https://doi.org/10.1111/issj.12572
Citations
1
Primary Topic
Financial Literacy, Pension, Retirement Analysis
Type
article
Field-Weighted Citation Impact
3.91
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article

‘We're All in This Together… Maybe Too Much?’: The Financial Enmeshment Scale

Hardeep Singh Mundi
1 citations
International Social Science Journal
Financial Literacy, Pension, Retirement Analysis
3.91
article

‘We're All in This Together… Maybe Too Much?’: The Financial Enmeshment Scale

Hardeep Singh Mundi
article en
1 citations

Abstract

ABSTRACT Financial enmeshment describes a family dynamic where financial boundaries blur. Although research acknowledges its impact, there was no specific tool to measure it. The Financial Enmeshment Scale (FES) addresses this gap. The FES is developed through item creation, validation procedures and data collection. The resulting scale has three subcategories: Financial Obligation and Support, Financial Interference and Control and Financial Boundaries. The FES demonstrates good reliability and reflects well on financial dynamics within families. The scale was validated through two studies. The first study, involving 375 participants, was used for preliminary analysis, whereas the second study, with 1160 participants, provided the final data. This paves the way for the FES to be a valuable tool in future research and interventions to improve financial well‐being.

International Social Science JournalVol. 75(257)
Institute of Management Technology (IN)
Openalex Percentile: Top 9%
Financial Literacy, Pension, Retirement Analysis
3.91
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