Consideration of Financial Satisfaction: What Consumers Know, Feel and Do from a Financial Perspective

dc.contributor.authorWoodyard, Ann Sanders
dc.contributor.authorRobb, Cliff A.
dc.date.accessioned2018-10-31T17:34:45Z
dc.date.available2018-10-31T17:34:45Z
dc.date.issued2016
dc.description.abstractFinancial satisfaction has long been considered an important component to consumer life satisfaction and well-being. Using data from the 2012 National Financial Capability Study (NFCS), financial satisfaction is explored in the context of personal characteristics related to financial knowledge (both objective and subjective) as well as self-reported financial behaviors. Ordinary Least Squares Regression is applied to a predictive model of financial satisfaction, and results indicate that measures associated with what people do (behaviors related to recommended practice) and how they feel (subjective knowledge) may be more salient factors to consider with regard to satisfaction than measures related to what individuals know (objective knowledge). Implications are considered for consumers in light of a general policy approach promoting financial literacy and education as a means of improving financial outcomes and well-being.en_US
dc.identifier.citationWoodyard, A. S., & Robb, C. A. (2016). Consideration of Financial Satisfaction: What Consumers Know, Feel and Do from a Financial Perspective. Journal of Financial Therapy, 7 (2) 4. https://doi.org/10.4148/1944-9771.1102en_US
dc.identifier.urihttps://dspace7-entities.atmire.com/xmlui/handle/123456789/259
dc.language.isoen_USen_US
dc.subjectfinancial satisfactionen_US
dc.subjectfinancial knowledgeen_US
dc.subjectbehavioren_US
dc.titleConsideration of Financial Satisfaction: What Consumers Know, Feel and Do from a Financial Perspectiveen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Consideration of Financial Satisfaction.pdf
Size:
798.22 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Collections