This study investigated the relationship between financial stress and financial technology and included the mediating role of financial knowledge based on the ABC-X model. This study used the 2018 National Financial Capability Study to construct financial stress and the use of financial technology and tested the proposed model with two subgroups: one group with financial education and the other group without financial education. We used confirmatory factor analysis and structural equation modeling to evaluate our model. Results show that respondents with a greater level of financial stress generally tended to more engage in financial technology. When the role of financial knowledge was considered in the model, the relationship between financial stress and the use of financial technology varied by the type of financial knowledge. Although this study did not identify the onset of the coping process directly, the direct effect of financial stress on the use of financial technology in each subgroup regardless of their financial education experience confirms efforts of looking for coping when facing and responding to financially stressful situations. Thus, this study sheds light on the new technology for financial services as a potential tool for better financial management and as a coping mechanism for those with financial stress. Results from this study provide insights for financial practitioners and educators who help US households manage their financial stress.

本研究基于ABC-X模型探讨金融压力与金融科技之间的关系，并纳入金融知识的中介作用。本研究使用 2018 年全国金融能力研究构建金融压力和金融科技的使用，并用两个子组测试所提出的模型：一组有金融教育，另一组没有金融教育。我们使用验证性因素分析和结构方程模型来评估我们的模型。结果表明，财务压力较大的受访者通常更倾向于从事金融科技。当模型中考虑金融知识的作用时，金融压力与金融技术的使用之间的关系因金融知识的类型而异。虽然这项研究没有直接确定应对过程的开始，但无论他们的金融教育经历如何，财务压力对每个子群体使用金融技术的直接影响证实了在面对和应对财务压力情况时寻求应对的努力。因此，这项研究揭示了金融服务的新技术作为改善财务管理的潜在工具和财务压力的应对机制。这项研究的结果为帮助美国家庭管理财务压力的金融从业人员和教育工作者提供了见解。无论他们的金融教育经验如何，财务压力对每个子群体使用金融技术的直接影响证实了在面对和应对财务压力情况时寻求应对的努力。因此，这项研究揭示了金融服务的新技术作为改善财务管理的潜在工具和财务压力的应对机制。这项研究的结果为帮助美国家庭管理财务压力的金融从业人员和教育工作者提供了见解。无论他们的金融教育经验如何，财务压力对每个子群体使用金融技术的直接影响证实了在面对和应对财务压力情况时寻求应对的努力。因此，这项研究揭示了金融服务的新技术作为改善财务管理的潜在工具和财务压力的应对机制。这项研究的结果为帮助美国家庭管理财务压力的金融从业人员和教育工作者提供了见解。