The predictors of financial well-being and its impact on overall well-being: the case of Portugal
Autor(a) principal: | |
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Data de Publicação: | 2020 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/21784 |
Resumo: | Although overall well-being is a well study phenomenon, financial well-being only recently has taken interest in the research field. Accordingly, the aim of this study is to understand the relation between financial well-being, its predictors (financial status, financial behaviour, financial knowledge and financial attitudes) and overall well-being. Additionally, hypotheses were tested with age, gender, household income and area of residence. It was used the quantitative method to gather the data, and to analyse it, the SPPS through linear regression analysis, mediation analysis, independent t-test and an anova test. Regarding the results, the financial status is the only positive and significant impactor on financial well-being and the latter has a significant positive relation with overall well-being. It was also found that financial well-being was a mediator between financial status and overall well-being. Overall, the other predictors did not show a significant effect. Moreover, higher household incomes contribute to increase the financial well-being. Plus, I found that there were differences in financial wellbeing between groups. For example, the older you get does not necessarily implies a higher financial satisfaction. Overall, men appear to have a higher financial well-being than women. In sum, these results show a multidisciplinary concept of overall well-being and that individuals prioritise financial security over the other components. In terms of practical implications, this research is relevant because it highlights the evidence of financial status’ importance in predicting financial well-being, as well as the role of household income for individual financial satisfaction. |
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The predictors of financial well-being and its impact on overall well-being: the case of PortugalFinancial well-beingFinancial statusFinancial attitudesFinancial knowledgeWell-beingBem-estar financeiroEstatuto financeiroAtitudes financeirasConhecimento financeiroBem-estarAlthough overall well-being is a well study phenomenon, financial well-being only recently has taken interest in the research field. Accordingly, the aim of this study is to understand the relation between financial well-being, its predictors (financial status, financial behaviour, financial knowledge and financial attitudes) and overall well-being. Additionally, hypotheses were tested with age, gender, household income and area of residence. It was used the quantitative method to gather the data, and to analyse it, the SPPS through linear regression analysis, mediation analysis, independent t-test and an anova test. Regarding the results, the financial status is the only positive and significant impactor on financial well-being and the latter has a significant positive relation with overall well-being. It was also found that financial well-being was a mediator between financial status and overall well-being. Overall, the other predictors did not show a significant effect. Moreover, higher household incomes contribute to increase the financial well-being. Plus, I found that there were differences in financial wellbeing between groups. For example, the older you get does not necessarily implies a higher financial satisfaction. Overall, men appear to have a higher financial well-being than women. In sum, these results show a multidisciplinary concept of overall well-being and that individuals prioritise financial security over the other components. In terms of practical implications, this research is relevant because it highlights the evidence of financial status’ importance in predicting financial well-being, as well as the role of household income for individual financial satisfaction.Embora o bem-estar geral seja um fenómeno bem estudado, o bem-estar financeiro só recentemente se tornou interessante no campo da investigação. Consequentemente, o objetivo do estudo é entender a relação entre o bem-estar financeiro, seus antecedentes (status financeiro, comportamento financeiro, conhecimento financeiro e atitudes financeiras) e o bem-estar geral. Adicionalmente, foram testadas hipóteses com a idade, género, rendimento familiar e área de residência. Foi utilizado o método quantitativo para reunir os dados, e para a sua análise, o SPPS através da análise de regressão linear, análise de mediação, independente t-teste e o anova teste. Em relação aos resultados, o status financeiro é o único e significante fator positivo no bem-estar financeiro e este último tem uma relação positiva significativa com o bem-estar geral. Constatou-se também que o bem-estar financeiro é o mediador entre o status financeiro e bem-estar geral. No geral, os outros antecedentes não mostraram um efeito significativo. Além disso, elevado rendimento familiar contribui para aumentar o bem-estar financeiro. Adicionalmente, encontrei diferenças no bem-estar financeiro entre grupos. Por exemplo, ao envelhecer não implica necessariamente numa maior satisfação financeira. No geral, os homens têm um maior bem-estar financeiro do que as mulheres. Em suma, estes resultados mostram um conceito multidisciplinar de bem-estar geral e que os indivíduos dão primazia à segurança financeira sobre os outros componentes. Em termos de implicações práticas, esta pesquisa é relevante porque evidencia a importância do status financeiro na previsão do bem-estar financeiro, bem como o papel do rendimento familiar para satisfação financeira individual.2021-02-02T12:23:29Z2020-12-21T00:00:00Z2020-12-212020-09info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10071/21784TID:202584011engDias, Raquel Ferreirainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:37:42Zoai:repositorio.iscte-iul.pt:10071/21784Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:17:13.279264Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
title |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
spellingShingle |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal Dias, Raquel Ferreira Financial well-being Financial status Financial attitudes Financial knowledge Well-being Bem-estar financeiro Estatuto financeiro Atitudes financeiras Conhecimento financeiro Bem-estar |
title_short |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
title_full |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
title_fullStr |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
title_full_unstemmed |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
title_sort |
The predictors of financial well-being and its impact on overall well-being: the case of Portugal |
author |
Dias, Raquel Ferreira |
author_facet |
Dias, Raquel Ferreira |
author_role |
author |
dc.contributor.author.fl_str_mv |
Dias, Raquel Ferreira |
dc.subject.por.fl_str_mv |
Financial well-being Financial status Financial attitudes Financial knowledge Well-being Bem-estar financeiro Estatuto financeiro Atitudes financeiras Conhecimento financeiro Bem-estar |
topic |
Financial well-being Financial status Financial attitudes Financial knowledge Well-being Bem-estar financeiro Estatuto financeiro Atitudes financeiras Conhecimento financeiro Bem-estar |
description |
Although overall well-being is a well study phenomenon, financial well-being only recently has taken interest in the research field. Accordingly, the aim of this study is to understand the relation between financial well-being, its predictors (financial status, financial behaviour, financial knowledge and financial attitudes) and overall well-being. Additionally, hypotheses were tested with age, gender, household income and area of residence. It was used the quantitative method to gather the data, and to analyse it, the SPPS through linear regression analysis, mediation analysis, independent t-test and an anova test. Regarding the results, the financial status is the only positive and significant impactor on financial well-being and the latter has a significant positive relation with overall well-being. It was also found that financial well-being was a mediator between financial status and overall well-being. Overall, the other predictors did not show a significant effect. Moreover, higher household incomes contribute to increase the financial well-being. Plus, I found that there were differences in financial wellbeing between groups. For example, the older you get does not necessarily implies a higher financial satisfaction. Overall, men appear to have a higher financial well-being than women. In sum, these results show a multidisciplinary concept of overall well-being and that individuals prioritise financial security over the other components. In terms of practical implications, this research is relevant because it highlights the evidence of financial status’ importance in predicting financial well-being, as well as the role of household income for individual financial satisfaction. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-12-21T00:00:00Z 2020-12-21 2020-09 2021-02-02T12:23:29Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/21784 TID:202584011 |
url |
http://hdl.handle.net/10071/21784 |
identifier_str_mv |
TID:202584011 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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