Financial Satisfaction Postwidowhood: The Role of Resilience.

Autor: Grable, John E., Mattia, Laura, West, Carrie L., Leitz, Linda Y., Rehl, Kathleen M.
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Zdroj: Journal of Financial Service Professionals; Jul2022, Vol. 76 Issue 4, p54-64, 11p
Abstrakt: The death of a spouse or partner is a significant, and potentially devastating, form of adversity. Widowhood can result in numerous negative outcomes for the surviving spouse or partner. However, it is possible for someone who experiences widowhood to transform the experience into a higher level of functioning. It is thought that resiliency—a personal attribute that allows someone to manage adversity and transform negative life events into positive outcomes—is one factor that corresponds to better postwidowhood outcomes. The purpose of this study is to estimate the degree to which postwidowhood financial satisfaction, experiencing financial challenges, and disagreeing about money issues among remarried and repartnered widows and widowers are associated with resiliency. Based on the results from three regression models, it was determined that higher levels of resiliency are associated with greater financial satisfaction, fewer financial challenges, and fewer money disagreements after remarriage or repartnering among widows and widowers. Results from this study have practical implications for those who provide financial advice to others. Financial service professionals are in a unique position to help clients who experience widowhood improve self-efficacy by promoting a sense of worth and purpose in the context of household finances and life functioning among clientele. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index