Financial Ratios and Perceived Household Financial Satisfaction

Journal of Financial Therapy

article

Garrett, Scott¹  James III, Russell N² 

[1] CFP Board;Texas Tech University

关键词: HR;    financial satisfaction;    ratios;    financial therapy;    financial planning;    financial counseling;   

DOI  :  10.4148/jft.v4i1.1839

学科分类：社会科学、人文和艺术（综合）

来源: New Prairie Press

【 摘 要 】

This paper tests the relative strength of three objective measures of financial health (using the solvency, liquidity, and investment asset ratio) in predicting a household’s subjective feeling of current financial satisfaction. Using a sample of 6,923 respondents in the 2008 Health and Retirement Study this paper presents evidence of two main findings: 1) the solvency ratio is most strongly associated with financial satisfaction levels based on a cross-sectional design and 2) changes in the investment asset ratio are most strongly associated with changes in financial satisfaction over time.

【 授权许可】

CC BY-NC