Building Financial Satisfaction

Vera‐Toscano, Esperanza; Ateca-Amestoy, Victoria; Rosal, Rafael Serrano del

doi:10.1007/s11205-005-2614-3

Cited by 120 publications

(101 citation statements)

References 38 publications

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“…The Norwegian study employs income reports from public registries and thus avoids problems with possible underreporting of financial means at older ages. Though the authors do not specifically point out the high levels of financial satisfaction at old ages, evidence of this pattern can also be found in studies from Spain (Vera-Toscano et al, 2006) and Ireland (Delaney et al, 2006) in the form of a significant and positive coefficient of age in regressions of financial satisfaction on a group of explanatory variables.…”

Section: Life Course Financial Satisfactionmentioning

confidence: 86%

Financial satisfaction over the life course: The influence of assets and liabilities

Plagnol

2011

Journal of Economic Psychology

141

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This is the unspecified version of the paper.This version of the publication may differ from the final published version. Abstract Various studies have shown that financial satisfaction is, among other domains, an important determinant of overall individual wellbeing. Contrary to the common belief that financial satisfaction mainly depends on an individual's income, evidence for the U.S. indicates that life course financial satisfaction steadily increases from the thirties onwards, whereas life course income shows an inverted U-pattern with a peak at midlife. To judge from other studies in the U.S. and Norway, this pattern for financial satisfaction is not unique. The aim of the present analysis is to explore the determinants of this life course financial satisfaction pattern, taking into account not only income but also the possible impact of assets and liabilities. The analysis suggests that while income has the expected positive relation, increasing financial satisfaction at older age can be partly explained by decreases in liabilities and increases in financial assets, and that assets and liabilities considered separately provide a better explanation than net wealth. In addition, reduction in the dependency burden at old age leads to increased financial satisfaction while the deterioration of health has a negative impact. The data are from the second and third waves of the U.S. National Survey of Families and Households. Permanent repository link

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Section: Life Course Financial Satisfactionmentioning

confidence: 86%

Financial satisfaction over the life course: The influence of assets and liabilities

Plagnol

2011

Journal of Economic Psychology

141

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“…Joo & Grable (2004) and Toscano et al (2006) measure financial satisfaction with one question that is "How satisfied are you with your current financial condition? "…”

Section: Methodsmentioning

confidence: 99%

“…Financial satisfaction shows one's satisfaction with their current financial condition (Zimmerman 1995). The more satisfied a person with their personal financial condition then the indi-vidual will become more satisfied and happier (Toscano et al 2006). People with high income tend to have their financial satisfaction fulfilled.…”

Section: Introductionmentioning

confidence: 99%

Influence of financial attitude, financial behavior, financial capability on financial satisfaction

Arifin¹

2018

Proceedings of the 15th International Symposium on Management (INSYMA 2018)

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This research aims to examine the influence of Financial Attitude, Financial Behavior, and Financial Capability on Financial Satisfaction. This research was conducted on workers in Jakarta, Indonesia. The Sampling method used a non-probability sampling of purposive sampling. Data were obtained by spreading online questionnaire through Google questionnaire. The data was processed using SmartPLS 3.0. The result suggested that Financial Attitude, Financial Behavior, and Financial Capability have a positive relationship on Financial Satisfaction.

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“…This idea equals what Vera-Toscano et al (2006) refer to as external norm or peer effect in financial satisfaction.…”

Section: Notion Of Housing Satisfactionmentioning

confidence: 96%

Influences of socio-cultural experiences on residents’ satisfaction in Ikorodu low-cost housing estate, Lagos state

Makinde

2014

Environ Dev Sustain

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This study examined the influences of socio-cultural experiences on residents' housing satisfaction in Ikorodu low-cost housing estate in Lagos State. This study was carried out with the aid of questionnaire administration and reconnaissance survey. The result of the survey shows that the total numbers of the housing units in the area were 119 buildings which comprised 106 bungalows and 13 story buildings. The estate was stratified into two (2) zones which were story buildings and bungalow buildings. Using a systematic sampling technique, one of every two (2) houses was selected for interview in both zones. A total of 106 residents were selected from the bungalow units and 20 residents from the story buildings making a sum of 126 residents that were selected for the interview, but a total of 122 questionnaires were recovered. Findings from the study reveals that the residents' were fairly satisfied with the environmental elements of their dwellings, the physical elements, the behavioural elements and the economic elements and were dissatisfied with the functional elements and timing element which constitute the quality performance and maintenance criteria of their buildings. More so, findings from the study reveal that there is significant difference in residents' level of satisfaction in the housing elements among several socio-cultural characteristics of residents, such as gender, ethnicity of end users, family size, family structure, religious beliefs, ethnic group of residents, social relation, years of living in area and age of residents among others. The study further revealed that there is no significant difference in residents' level of satisfaction in the housing elements among residents' household position and marital status. Recommendations were proffered to guide policy-makers, some of which includes local participation approach in housing delivery, the use of local building materials, intensive site and service scheme among others.

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Building Financial Satisfaction

Abstract: comparison income, external norm, financial satisfaction, income valuation, internal norm, reference group, D60, I30, I31,

Cited by 120 publications

References 38 publications

Financial satisfaction over the life course: The influence of assets and liabilities

Financial satisfaction over the life course: The influence of assets and liabilities

Influence of financial attitude, financial behavior, financial capability on financial satisfaction

Influences of socio-cultural experiences on residents’ satisfaction in Ikorodu low-cost housing estate, Lagos state

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