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ERIC Number: EJ1241035
Record Type: Journal
Publication Date: 2019
Pages: 18
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1052-3073
EISSN: N/A
Available Date: N/A
Sound Financial Management and Happiness: Economic Pressure and Relationship Satisfaction as Mediators
Journal of Financial Counseling and Planning, v30 n2 p157-174 2019
This study examines the relationship between sound financial management behaviors and happiness using a national sample of adults collected in 2009 (N = 1,014). We used Maslow's hierarchy of needs (1943) as a theoretical framework to examine associations between sound financial management behavior, economic pressure, relationship satisfaction, and happiness. Findings suggested that economic pressure and relationship satisfaction both mediated the association between sound financial management and happiness, but the mediator effects were only partial. That is, even after accounting for participants' actual financial context, feelings of economic pressure, and relationship satisfaction, a positive association between sound financial management behavior and happiness remained.
Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A