„Becoming financially independent: psychological growth and stagnation factors in the context of financial dependence (LEAF)“, No. 09.3.3-LMT-K-712-19-0214

Project No. 09.3.3-LMT-K-712-19-0214              
Project title: „Becoming financially independent: psychological growth and stagnation factors in the context of financial dependence (LEAF)”
Project website: http://leaf.mruni.eu
Project duration: from 2020-09-01 to 2022-08-31
Postdoctoral trainee – dr. Rimantas Vosylis
Postdoctoral supervisor – prof. dr. Saulė Raižienė

Summary: Becoming an adult involves striving to become an autonomous and independent person from parents. In some areas of life, independence is achieved relatively quickly, but in the area of personal finances, detachment tends to be the latest to be achieved: in order to cope with the financial volatility that characterises their youth, many Jaufromlans are not inclined to give up early on parental financial support. Dependence on parental financial support plays an important role in the psychological processes of becoming an adult, but the mechanisms linking financial dependence and the psychological functioning of young people are poorly understood. The main objective of the LEAF Project is precisely to shed light on the conditions under which parental financial dependence can be beneficial or detrimental to the psychological well-being of young adults.

Result to be achieved: This will be achieved through self-determination theory (Ryan & Deci, 2000) and a continuous research strategy. During the Project period, the aim will be to construct and empirically evaluate a theoretical model explaining the mechanisms underlying the relationship between financial dependence and psychological well-being in Jaffromli. The results will be published in international journals and conferences.

The project is funded by the European Social Fund under Measure No. 09.3.3-LMT-K-712 “Development of scientific competence of scientists, other researchers, students through practical scientific activities” activity “Promotion of post-doctoral internships”. Grant agreement with the Lithuanian Research Council (LMT).