The Effects of Gender, Family Satisfaction, and Economic Strain on Psychological Well-Being

Mills, Robert J.

doi:10.2307/585588

Cited by 87 publications

(67 citation statements)

References 26 publications

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“…Perhaps traditional gender roles sensitize men to the burden of economic stress. Nonetheless, our findings are consistent with prior research in this area that has shown women to be either less or equally affected by economic stress as men (see Mills et al, 1992;Voydanoff, 1990). Future research addressing OXTR genotypes and oxytocin function in relation to gender, HPA axis stress responses, and different types of stress would be useful in examining these different possibilities.…”

Section: Discussionsupporting

confidence: 81%

Environmental stress, oxytocin receptor gene (OXTR) polymorphism, and mental health following collective stress

Lucas‐Thompson

Holman

2013

Hormones and Behavior

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Section: Discussionsupporting

confidence: 81%

Environmental stress, oxytocin receptor gene (OXTR) polymorphism, and mental health following collective stress

Lucas‐Thompson

Holman

2013

Hormones and Behavior

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“…Financial decisions that downplay long-term costs and benefits can create stress and related health problems and can damage psychological well-being Mirowsky and Ross 2003;Mills et al 1992). Although behavior is the primary focus of this study, these affective outcomes must be examined to appreciate the far-reaching consequences of financial choices.…”

Section: Implications For Financial Literacy Educationmentioning

confidence: 99%

“…For this reason, we examine the impact of quantitative literacy on both financial behavior and on the consumer's resultant sense of financial well-being. Researchers have demonstrated that strained finances can threaten an individual's psychological well-being (Mirowsky and Ross 2003;Mills et al 1992). Personal financial well-being has been associated with fewer reported health problems ) and higher workplace productivity .…”

Section: Financial Behavior and Personal Financial Well-beingmentioning

confidence: 99%

Personal Financial Behavior: The Influence of Quantitative Literacy and Material Values

Nye¹,

Hillyard²

2013

Numeracy

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Some consumers finance discretionary spending at extremely high interest rates. Many carry substantial balances on their credit cards at effective annual rates as high as 36 percent, and some pay annual rates on "pay day" loans as high as 400 percent. High interest debt can rapidly cascade into an overwhelming financial burden, threatening the consumer's credit and long-term financial health.This survey study investigates how quantitative literacy may promote forward-looking financial decisions, decisions that recognize the long-term consequences of current choices and may favor the future over the present. In addition, we examine the consumer's confidence in their quantitative skills. Confidence in working with numbers could help consumers think through the implications of their financing choices. Although quantitative literacy and consumer education matter, we propose that consumer values also may be important in explaining financial behavior. In particular, materialism may drive many American consumers to take on high levels of debt. Understanding consumer financing choices may require a better understanding of the consumption behavior that motivates those choices.Results from a diverse sample (n = 267) of consumers confirm that both quantitative literacy and subjective numeracy, the individual's confidence in applying quantitative skills, are positively related to forward-looking financial behavior. The impact of materialism on financial behavior is largely mediated by impulsive consumption, the tendency to make frequent purchases without forethought or consideration of the financial consequences. Finally, subjective numeracy may encourage a less-impulsive, more-considered approach to consumption decisions.

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“…Positive 55 mental health was linked to financial strain, as well as numerous other variables like a lack of physical health problems, age and being employed (Hu, Stewart-Brown, Twigg, & Weich, 2007). Examining married couples, Mills, Grasmick, Morgan, and Wenk (1992) found a significant effect of economic strain on psychological well-being among the working husbands, as well as working wives. Economic strain also significantly reduced psychological well-being among wives that were not employed full time.…”

Section: Financial Variables and Healthmentioning

confidence: 94%

“…Various operationalizations of financial stress have been connected to physiological and psychological health of employees (Hu et al, 2007;Mills et al, 1992;Olivius et al, 2004;Pierce et al, 1994), as well as SES (Franks et al, 2003) and dissatisfaction with one's financial situation (Liang et al, 1999). It would be interesting to see how these variables cross over between partners.…”

Section: Suggestions For Future Researchmentioning

confidence: 99%

Spousal Crossover Effects of Job Demands on Health

Daniels

2000

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The primary goal of this dissertation was to examine the crossover effects of an individual's job demands on the perceived health of the spouse. Using a sample of grocery store employees and their partners, crossover relationships were examined for 90 dyads using Structural Equation Modeling. Although the models had good fit, the proposed direct crossover relationships of job demands on health were not supported.Job demands of one partner did not significantly predict health outcomes in the other partner; although follow-up analyses found significant crossover of women's job satisfaction on men's mental health scores. An additional crossover relationship was supported with the finding that crossover of health between spouses (i.e. physical and mental health components of general health) was significant. The second goal of the present dissertation study was to develop a typology of crossover research. All crossover studies to date were reviewed and categorized in a discussion of the proposed typology.ii Acknowledgements I would like to acknowledge my committee members for their constructive feedback on earlier versions of this paper:

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The Effects of Gender, Family Satisfaction, and Economic Strain on Psychological Well-Being

Cited by 87 publications

References 26 publications

Environmental stress, oxytocin receptor gene (OXTR) polymorphism, and mental health following collective stress

Environmental stress, oxytocin receptor gene (OXTR) polymorphism, and mental health following collective stress

Personal Financial Behavior: The Influence of Quantitative Literacy and Material Values

Spousal Crossover Effects of Job Demands on Health

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