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The Relationship Between Financial W...

Long, Ashlee M.

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The Relationship Between Financial Well-being, Subjective Well-being, Materialism, and Financial Skills Among African Americans.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The Relationship Between Financial Well-being, Subjective Well-being, Materialism, and Financial Skills Among African Americans./
Author:	Long, Ashlee M.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2023,
Description:	69 p.
Notes:	Source: Masters Abstracts International, Volume: 85-02.
Contained By:	Masters Abstracts International85-02.
Subject:	Psychology. -
Online resource:	https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30485353
ISBN:	9798380107891

The Relationship Between Financial Well-being, Subjective Well-being, Materialism, and Financial Skills Among African Americans.
Long, Ashlee M.

The Relationship Between Financial Well-being, Subjective Well-being, Materialism, and Financial Skills Among African Americans. - Ann Arbor : ProQuest Dissertations & Theses, 2023 - 69 p.

Source: Masters Abstracts International, Volume: 85-02.

Thesis (M.A.)--North Carolina Central University, 2023.

This item must not be sold to any third party vendors.

America is currently suffering financially with hundreds of millions of Americans drowning in debt (Faye, 2022). People of color are being impacted at far greater rates than their racial-ethnic counterparts (Faye, 2022). Little research has been done to examine the influence of subjective well-being, materialism, and financial capability and skill on and financial well-being. Given the current economic challenges due to the pandemic, increased rates of inflation, and unemployment, there is a need to understand the differential impact across race and the relationship between financial well-being, materialism, financial capability and skills, and subjective well-being. In an effort to understand the relationship between subjective well-being, financial capability and skill, materialism, and financial well-being among African Americans, 642 participants were solicited. Spearman rho correlations and standard regressions were run. Financial Skills and subjective well-being were found to be significant predictors of financial well-being, while materialism was not a significant predictor. These findings confirm what the current literature says about financial well-being and subjective well-being. They also provide more information about the importance of financial skills and their relationship with financial well-being. Lastly, these findings offer evidence that materialism needs to be further investigated through empirical research. 

ISBN: 9798380107891Subjects--Topical Terms:

519075
Psychology.
Subjects--Index Terms:

Financial capability

The Relationship Between Financial Well-being, Subjective Well-being, Materialism, and Financial Skills Among African Americans.
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500 $a Source: Masters Abstracts International, Volume: 85-02.
500 $a Advisor: Livingston, Jonathan.
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520 $a America is currently suffering financially with hundreds of millions of Americans drowning in debt (Faye, 2022). People of color are being impacted at far greater rates than their racial-ethnic counterparts (Faye, 2022). Little research has been done to examine the influence of subjective well-being, materialism, and financial capability and skill on and financial well-being. Given the current economic challenges due to the pandemic, increased rates of inflation, and unemployment, there is a need to understand the differential impact across race and the relationship between financial well-being, materialism, financial capability and skills, and subjective well-being. In an effort to understand the relationship between subjective well-being, financial capability and skill, materialism, and financial well-being among African Americans, 642 participants were solicited. Spearman rho correlations and standard regressions were run. Financial Skills and subjective well-being were found to be significant predictors of financial well-being, while materialism was not a significant predictor. These findings confirm what the current literature says about financial well-being and subjective well-being. They also provide more information about the importance of financial skills and their relationship with financial well-being. Lastly, these findings offer evidence that materialism needs to be further investigated through empirical research. 
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