Financial Ratios and Financial Satisfaction: Exploring Associations Between Objective and Subjective Measures of Financial Well-Being Among Older Americans

2019 ◽  
Vol 30 (2) ◽  
pp. 231-243
Author(s):  
Jacob A. Tenney ◽  
Charlene M. Kalenkoski

This study explores the relationship between objective measures and perceptions of financial well-being for older Americans. Financial well-being is measured objectively using three financial ratios including the liquidity ratio, the debt-to-asset ratio, and the investment ratio. Individuals' perceptions of their financial well-being are measured by a question in the Health and Retirement Study that asks respondents how satisfied they are with their present financial condition. An ordered probit model is used to examine the relationship between the perceptions of financial well-being and the three financial ratios. The findings in this analysis suggest that there is a positive relationship between the investment ratio and perceptions of financial well-being. There is also a small but statistically significant improvement in the perception of financial well-being with increases in the liquidity ratio. For large categorical differences, the positive relationship also holds for the debt-to-asset ratio.

2017 ◽  
Vol 4 (2) ◽  
Author(s):  
Vageesha Rao ◽  
Shalini Singh

The present study aims at investigating the relationship between communication practice, personality and wellbeing of doctors. A sample comprising of 80 general physicians from private hospitals of Gurgaon and Delhi was taken. Standardized Questionnaires, i.e., Internal Communication Scale (Roberts and O’Reilly, 1974), NEO Five Factor Inventory (Costa and McCrac, 1992) and PGI Wellbeing Scale (Verma and Verma, 1989) were administered to measure these variables. Results revealed positive relationship communication practice, Agreeableness, Conscientiousness, Openness and Wellbeing, Neuroticism is negatively correlated to communicate practice and wellbeing of doctors.


Author(s):  
Erin M. Hill

Narcissism is a personality trait characterized by perceptions of grandiosity, superiority, and the need for attention and admiration. There has been an increase in focus on examining the development of narcissism and how the trait influences a range of social and health behaviors. A key feature of narcissism is that it is characterized by high self-esteem with a simultaneously fragile ego that requires continual monitoring and manipulation. Therefore, much of the behaviors narcissists engage in are linked to the drive to maintain perceptions of superiority and grandiosity. In the area of health and well-being, narcissism has been positively correlated with psychological health, a relationship that may be accounted for by self-esteem. However, there has been less research on the relationship between narcissism and physical health and well-being. There is some evidence that narcissism is linked to a variety of physical appearance-oriented health behaviors (i.e., behaviors that could affect body weight or other aspects of physical appearance, including eating and exercise). Narcissism has also been positively linked to risk-taking behaviors, including use of substances, as well as risks that could significantly impact others, including sexual behaviors and risky driving. The relationship between narcissism and health is therefore complex, with some positive correlates (e.g., physical activity), but also various health risk behaviors. In considering how narcissism might interact with health messages, communicators have to keep in mind that narcissists seem to have some deficits in judgment and decision-making, such as overconfidence and a narrow focus on rewards associated with behaviors. Their behaviors tend to be driven by managing their own ego and by drawing attention and admiration from others to maintain perceptions of superiority and grandiosity. In turn, health communicators may need to rely on creative strategies that tap into these domains of narcissism in order to effectively modify health behaviors among narcissistic individuals. Further research on the influence of narcissism in healthcare seeking and related preventive behaviors would also help to provide a more detailed understanding for how the trait influences health decisions, information that would be useful for both health researchers and practitioners.


2019 ◽  
Vol 32 (9) ◽  
pp. 1156-1164 ◽  
Author(s):  
Sarah C. Griffin ◽  
Allison Baylor Williams ◽  
Samantha N. Mladen ◽  
Paul B. Perrin ◽  
Joseph M. Dzierzewski ◽  
...  

Objectives: To model the relationship between loneliness and sleep disturbance over time. Method: Data came from the Health and Retirement Study (2006, 2010, 2014 waves; age ≥ 65 years; n = 5,067). Loneliness was measured via the Hughes Loneliness Scale and sleep disturbance via a four-item scale assessing sleep and restedness. Cross-lagged panel modeling (path analysis) was used to jointly examine reciprocal effects between loneliness and sleep disturbance. Results: Higher loneliness correlated with higher sleep disturbance at baseline. There was evidence of reciprocal effects between loneliness and sleep across timepoints. These associations overall remained when accounting for demographics, objective isolation, and depression. Discussion: Although causality cannot be established, the findings indicate that the relationship between loneliness and sleep disturbance is bidirectional. This requires revision to the current theory on sleep disturbance as a mechanism for the relationship between loneliness and health and indicates that effective treatment of sleep disturbance may reduce loneliness.


2020 ◽  
pp. 027614672093515
Author(s):  
Zeynep Baktir ◽  
Forrest Watson

This article explores community well-being (CWB) outcomes of institutional trust (and distrust) through entrepreneurship in the context of a refugee-hosting society in Turkey. Existing studies show the positive relationship between institutional trust and quality of life (QOL) as well as entrepreneurship and QOL in subsistence contexts. This research, however, explores the relationship between institutional (dis)trust and entrepreneurship on a path to CWB with a special emphasis on refugee and local interactions in the marketplace. Three different paths to the QOL of refugees and/or locals are presented, but only two lead to CWB outcomes encompassing both refugees and locals. Consideration of refugees and locals as both consumers and business owners provides perspective on the interplay between social trust and institutional trust in a socio-culturally heterogeneous subsistence context. The article also discusses implications for theory and practice.


2017 ◽  
Vol 28 (2) ◽  
pp. 213-224 ◽  
Author(s):  
Jennifer L. Hunter ◽  
Claudia J. Heath

This article uses a random digit dial probability sample (N = 328) to examine the relationship between credit card use behaviors and household well-being during a period of severe economic recession: The Great Recession. The ability to measure the role of credit card use during a period of recession provides unique insights to the study of credit behavior because of the knowledge that all respondents have the same macroeconomic constraint. Framed by the assumptions of the permanent income hypothesis and the life-cycle savings hypothesis, multinomial logistic regression was used to estimate the relationship between credit card use behaviors and three measures of household well-being: emotional well-being, financial well-being, and general household financial condition.


2021 ◽  
Vol 12 ◽  
Author(s):  
Rosa Mindeguia ◽  
Aitor Aritzeta ◽  
Alaine Garmendia ◽  
Edurne Martinez-Moreno ◽  
Unai Elorza ◽  
...  

Research has shown that transformational leaders are able, through emotional contagion mechanisms, to transmit their emotions and boost positive feelings among their followers. Although research on leadership and team processes have shown a positive relation between transformational leadership and workers' well-being, there is a lack of studies examining the “black box” of this association. The present study aimed to assess the mediation effect of team emotional intelligence (TEI) of the management team on the relationship between management's transformational behaviors and employees' responses. Data were gathered from two sources: 1,566 managers grouped into 188 teams pertaining to a total of 90 firms, and 4,564 workers from the same 90 firms. The results showed that management team TEI and the emotional state of “passion” among employees had a full mediation effect on the relationship between management teams' transformational leadership and employees' cohesion. Implications of these results are discussed.


2019 ◽  
Vol 2 (2) ◽  
pp. 169-180
Author(s):  
Iin Yulianti ◽  
Regita Cahyani

PPsychologycal well-being affects mental health, social functioning, interpersonal relationships, health, and adaptability. There are several factors that influence psychologycal well-being, such as meaning, purpose in life, and religiosity. The purpose of this study was to determine the relationship between the meaningfulness of life and the regularity of praying with psychologycal well-being in the 2016 class year students at the Faculty of Usuluddin and Religious Studies of UIN Raden Intan Lampung. The hypothesis proposed in this study is that there is a relationship between the meaningfulness of life and the regularity of praying with psychologycal well-being in students. The subjects in this study were students in 2016 at the Faculty of Islamic Studies and Religious Studies of UIN Raden Intan Lampung totaling 70 people taken by propotionate random sampling technique. Data collection methods in this study used three psychological scales namely the psychological well-being scale with 33 items (α = 0.889), the scale of meaningfulness of life with 25 items (α = 0.843) and the regular scale for praying with 49 items (α = 0.958). The data that has been collected is then analyzed using multiple regression analysis techniques assisted by the SPSS 21.0 for Windows program. The results showed that Rx1.2y = 0.530 with a value of F = 13.082 with p = 0.000 (p <0.01) which means the hypothesis is accepted that there is a significant positive relationship between the meaningfulness of life and the regularity of prayer with psychologycal well-being in students with R2 = 0.281. The ability of life and regular prayers contributed 28.1% to psychologycal well-being. The second result with rx1y = 0.302 with p = 0.011 (p <0.05) which showed a significant positive relationship between meaningfulness of life with psychologycal well-being in the 2016 class year students at the Faculty of Usuluddin and Religious Studies of UIN Raden Intan Lampung. The third result with rx2y = 0.518 with p = 0,000 (p <0.05) which shows a significant positive relationship between the regularity of prayer and psychologycal well-being in students.


2018 ◽  
Vol 4 (Supplement 2) ◽  
pp. 115s-115s
Author(s):  
E. Smith ◽  
A. Gow ◽  
L. Forsyth ◽  
B. Bryne ◽  
L. Howells ◽  
...  

Background: Receiving a cancer diagnosis can have detrimental effects on an individual's psychological flexibility (ability to adapt constructively to reality), emotional well-being and ability to live aligned with personal values, for example, in relationships and work. Higher levels of psychological flexibility and emotional well-being are associated with better quality of life and lower psychological cancer-related distress. In turn, value-based living is positively associated with psychological flexibility and emotional well-being. There is, however, limited research specifically exploring the relationship between value-based living and emotional well-being within individuals affected by cancer. Maggie's Centres ( www.maggiescentres.org ) offer an innovative, multidisciplinary model of holistic supportive cancer care, widely regarded as an exemplar of best practice in cancer rehabilitation and supported self-management. In 2017 Maggie's received 249,247 visits across the network of Centres in the UK, Hong Kong and Tokyo. Principles of ACT (acceptance and commitment therapy) are incorporated within the program of individual support, psychoeducational courses and groups to help people maximize their quality of life. Aim: To explore the associations between psychological flexibility, value-based living and emotional well-being in individuals affected by cancer. Methods: Sixty-five people, affected by a cancer diagnosis personally or in a family member, were recruited from four UK Maggie's Centres. Participants completed standardized questionnaires measuring psychological flexibility, valued-based living and emotional well-being. Results: Moderate positive associations were found between emotional well-being and psychological flexibility (r=.4750), as well as emotional well-being and valued-living (r=.37983). Psychological flexibility was also positively associated with valued living (r=.443474). Multiple regression analysis revealed a significant model (F(5,54)=9.35, P < .001), accounting for 41.4% of the variance in emotional well-being (adjusted R2 = .414). Both psychological flexibility (b=.357, P = .002) and valued-living (b=.337, P = .004) were predictors of emotional well-being across all ages, gender and time since diagnosis. Conclusion: The study provides support for the positive associations between psychological flexibility, valued-living and emotional well-being and indicates that psychological flexibility and valued-living may be predictors of emotional well-being. This was a small observational study, so conclusions about causation or change over time cannot be made. Longitudinal intervention studies need to explore the potential impact valued-living and psychological flexibility may have on emotional well-being in those affected by cancer, and so contribute to understanding the potential importance of encouraging valued-living as a therapeutic tool within cancer care.


2021 ◽  
Vol 17 (4) ◽  
pp. 46-55
Author(s):  
M.M. Larsen ◽  
K. Boehnke ◽  
D. Esenaliev ◽  
T. Bruck

When looking at important indicators of well-being, there is extensive evidence that levels of life satisfaction differ between ethnic groups, such that minority groups by and large tend to report lower levels of life satisfaction than majority ethnic groups. A growing body of literature has begun investigating the relationship between an individual’s community and their own levels of life satisfaction. While community deprivation and community ethnic composition are important factors for understanding individual ethnic disparities in life satisfaction, there is a gap in understanding the role of community social cohesion, as well as the effect on change in life satisfaction over time. Using panel survey data from 5.207 adults living in 30 sub-districts of rural Kyrgyzstan, we conduct a multilevel analysis of whether social cohesion serves as a moderator for the relationship between ethnicity and change in life satisfaction. While results do not demonstrate a positive effect of community social cohesion on change in life satisfaction, they do indicate that higher levels of community social cohesion minimize the ethnic group disparities in change in life satisfaction. These findings imply that social cohesion may be one additional piece of the puzzle in understanding ethnic disparities in life satisfaction.


2020 ◽  
Vol 36 (2) ◽  
pp. 129-154
Author(s):  
Priniti Panday

This article examines the relationship between women’s empowerment and child well-being in Nepal. Various indicators of women’s empowerment and child well-being are presented and compared across the seven provinces in the country. A strong positive relationship between the two is established. In fact, women’s empowerment appears to have a stronger relationship to children’s well-being than wealth indicators.


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