Purpose The purpose of this paper is to explore the impact of consumer spending self-control (CSSC), personal saving orientation (PSO), materialism, financial knowledge (FK) and time perspective (TP) on Brazilian consumers’ perceived financial well-being. Design/methodology/approach A conceptual framework is provided to support the research hypotheses. A survey with 1,027 respondents allowed the research hypotheses to be tested by means of regression-based models. Findings The findings show that the two dimensions of financial well-being – current money management stress and future financial security – are predicted by CSSC, materialism and TP; PSO also predicts future financial security. TP moderates the effect of materialism on current money management stress, and CSSC mediates this relationship. Research limitations/implications The role of FK in predicting financial well-being is weakened in the presence of the psychological variables investigated, which has important implications for financial education efforts. The use of survey data alone limits the research findings, as the advocated causal relationships are based solely on theory; gathering experimental data to further support the findings is a possibility for future research. Practical implications Banks and other financial institutions can create tools to stimulate control of their customers’ day-to-day spending and try to show assertive projections to evidence the impact of their present actions on their financial future, enhancing personal awareness and promoting overall well-being. Originality/value The authors advance knowledge on the antecedents of financial well-being and offer two explanations involving moderating and mediating relationships that enhance the understanding of the individual differences that shape current money management stress.

This paper explores the influence of materialism on consumer indebtedness among low income individuals who live in poor regions of Sao Paulo. A materialism scale was adapted to this context and used to describe the level of materialism among the population surveyed. Results obtained relative to the relationship between materialism and sociodemographic variables are compared to those of previous studies. A logistic regression model was developed in order to characterize individuals who have an installment plan payment booklet-the main source of consumer credit for the population studied-and to differentiate them from those who do not, based on the materialism level, sociodemographic variables and purchasing and consumer habits. The proposed model confirms materialism as a behavioral variable that is useful for forecasting the probability of an individual getting into debt in order to consume. Income had the biggest relative influence on the regression model, followed by materialism and age, controlled by gender.

Purpose The purpose of this paper is to determine the antecedents and consequences of financial literacy by using meta-analytic techniques. Design/methodology/approach The authors conducted a meta-analysis of 44 valid studies, which generated a total of 690 observations (effect sizes). Findings The findings showed that the factors influencing financial literacy were as follows: educational level, financial attitude, financial knowledge, financial behaviour, gender, household income and investments. The consequences of financial literacy were the behaviour of incurring avoidable credit and checking fees, credit score, and the willingness to take investment risks. The authors also find some methodological, cultural, economic and theoretical moderations effects between financial literacy and antecedent/consequent constructs. Research limitations/implications This meta-analysis reviewed the relationships found worldwide in the literature on financial literacy. The authors also identified new avenues for future research. Some specific limitations, such as the non-use of qualitative studies, are registered. Originality/value This research tested the impact of the antecedents, consequences and moderators of financial literacy via a meta-analytical review. This meta-analysis contributes to the marketing and financial literature by offering a set of empirical generalisations about the direct and moderation effects investigated.

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The study of financial well‐being has gained attention in recent years and a number of scholarly articles have pointed to gender‐related differences and their antecedents and consequents. The continuous growth of scholarly literature on women’s financial well‐being and its dispersion impose difficulties for researchers to comprehensively assess the state of knowledge on the topic. In this context, the objectives of this research are to conduct a systematic literature review of women’s financial well‐being and to propose directions for future research. This study comprises a review of 130 articles published in peer‐reviewed journals over the period 1990–2020. Bibliometric analysis was used to identify the year of publication and the countries surveyed, journal of publication, methodologies, concepts, measures and theoretical frameworks utilized; subsequent content analysis allowed us to summarize the main findings. We organized the identified antecedents of women’s financial well‐being into three categories: individual, household and community and societal level elements. The elements that constitute these categories are discussed and our findings point to important gender‐related differences. Based on the identified literature gaps, directions for future research are proposed. The theoretical contribution of this study lies in delivering a comprehensive overview of available evidence on women’s financial well‐being. Its practical and societal implications include the provision of knowledge that may allow better targeting of financial education programmes, economic empowerment interventions and public policies, which may help reduce the financial well‐being gender gap.