Multiple influences of human behavior have been tested in other social sciences, but less so in the domain of personal finance and financial planning. To better understand financial management behaviors and well-being, researchers have examined one of the most influential groups on personal finance behaviors and outcomes- parents. Parental financial socialization has been extensively researched and repeatedly found to have a significant association with a persons current and future financial decision-making capabilities and behavioral outcomes. However, few studies have used a family financial socialization conceptual model, such as the Gudmunson and Danes Family Financial Socialization Framework (FFS) (2011), to examine financial well-being. The purpose of this study was two-fold: (1) to test the validity of the full Gudmunson and Danes Family Financial Socialization Framework (2011), and (2) to test the pathways linking parent-child relationship quality to financial well-being. Results from this study supported the FFS Frameworks validity for examining the association between family socialization processes and financial socialization outcomes. Additionally, parent-child relationship quality was found to have an indirect effect on financial well-being. Parent-child relationship quality had the greatest total effect on the financial attitudes, knowledge, and capabilities construct, which had the largest total effect on financial well-being. Results are expected to help policymakers, financial services providers, and researchers better understand how family socialization processes, such as parent-child relationship quality, are associated with financial socialization outcomes for young adults.