The Road to Financial Satisfaction: Testing the Paths of Knowledge, Attitudes, Sense of Control, and Positive Financial Behaviors

Journal of Financial Therapy

article

Dare, Shekinah E¹  van Dijk, Wilco W¹  van Dijk, Eric¹  van Dillen, Lotte F¹  Gallucci, Marcello²  Simonse, Olaf³ 

[1] Leiden University, Knowledge Centre Psychology and Economic Behaviour, Central Bank of Curaçao and Sint Maarten;University of Milano-Bicocca;Dutch Ministry of Finance, Knowledge Centre Psychology and Economic Behaviour

关键词: financial knowledge;    financial attitudes;    sense of control;    financial behavior;    financial satisfaction;   

DOI  :  10.4148/1944-9771.1240

学科分类：社会科学、人文和艺术（综合）

来源: New Prairie Press

【 摘 要 】

A goal of financial therapies is to increase clients’ financial satisfaction by helping them to perform positive financial behaviors. The present study argues that the success of such therapies can be further enhanced by considering the individual factors that underlie such behaviors. To identify the possibly most promising factors, data from the 2018 MAS Financial Capability Survey ( n = 2,133) were used and three sets of individual factors were examined: knowledge factors (financial knowledge and financial confidence), attitudinal factors (future orientation and attitude toward money), and sense of control factors (spending self-control and perceived behavioral control). Path analysis findings indicated that all factors were associated with financial satisfaction via one or more positive financial behaviors. All factors except for attitude toward money were also directly related to financial satisfaction. Financial confidence was the most promising individual factor to improve clients’ financial satisfaction, followed by future orientation and perceived behavioral control.

【 授权许可】

CC BY-NC