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.
Measure
Source: 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.
Psychometric properties: 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
- Same
- Worse off
Measure
Source: 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.
Psychometric properties: 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 rent/mortgage | |||||||
Pay monthly utilities | |||||||
Pay credit card bills | |||||||
Buy groceries | |||||||
Save money |