From divorce to remarriage: Financial management and security among remarried women

This study addresses remarried women's financial security related to the transition from divorce to remarriage by examining the financial changes and financial management strategies reported by a sample of 298 women. Findings suggest that women in remarriage experience a number of economic changes that are associated with both positive and negative outcomes. Specifically, the number of financial changes was related to use of a financial management strategy, but not to indicators of financial security; however, financial management strategy was related to financial security. Also, longer duration of a first or a remarriage was associated with higher financial security, whereas the link between financial management strategy and financial security was moderated by the length of time of the first marriage and remarriage. Implications for financial planners and educators are discussed.