Future Expectations and Financial Satisfaction*

Autor:	Tracey West, Michelle Cull
Rok vydání:	2020
Předmět:	Finance 050208 finance business.industry Applied economics Safety net Financial risk 05 social sciences Financial well being Factoring 0502 economics and business Financial stress 050207 economics business Set (psychology) General Economics Econometrics and Finance Money management
Zdroj:	Economic Papers: A journal of applied economics and policy. 39:318-335
ISSN:	1759-3441 0812-0439
DOI:	10.1111/1759-3441.12292
Popis:	Advances in conceptualisation of financial well‐being include factoring future outlook into models, as consumers under financial stress can still expect to be better off in the future. This study applies a financial well‐being framework to Australian university students, defining financial well‐being to be made up of a set of personal attributes, current money management indicators and expectations about the financial future. We find that being least satisfied with financial situation is associated with higher likelihoods of using short‐term credit, not having a financial safety net, not being willing to take financial risks and having negative expectations of the future. The results of this study are useful for educators and policy‐makers in designing policies and programmes for university students.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::aa334e0c5f181e90652330c7a1401c9f https://doi.org/10.1111/1759-3441.12292 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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