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Examining Relationships Between Financial Capital and Personal Well-Being.

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Title: Examining Relationships Between Financial Capital and Personal Well-Being.
Authors: Shobe, MarciaA.1 (AUTHOR), Christy, Kameri1 (AUTHOR), Hamilton, Leah1 (AUTHOR), Murphy-Erby, Yvette1 (AUTHOR), Denny, GeorgeS.2 (AUTHOR) gdenny@uark.edu, Givens, Ashley1 (AUTHOR)
Source: Journal of Poverty. Jan-Mar2013, Vol. 17 Issue 1, p47-62. 16p.
Subject Terms: Assets (Accounting), Savings, Social support, Self-efficacy, Well-being, Income
Abstract: Researchers have traditionally examined economic well-being with income data, yet recent findings indicate positive effects of assets on well-being, independent from income. For this study, baseline data from 904 low-income individuals were used to examine relationships between income, assets, and personal, social, and economic outcomes. Baseline findings indicate that financial assets did not influence perceptions of self-efficacy, economic strain, or social support. However, an individual's age was associated with perceived outcomes, with increased age leading to decreased support and self-efficacy and increased economic strain. A discussion of findings and implications of this research for community-based strategies is provided. [ABSTRACT FROM PUBLISHER]
Copyright of Journal of Poverty is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
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PubType: Academic Journal
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  Data: Examining Relationships Between Financial Capital and Personal Well-Being.
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  Data: <searchLink fieldCode="AR" term="%22Shobe%2C+MarciaA%2E%22">Shobe, MarciaA.</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Christy%2C+Kameri%22">Christy, Kameri</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Hamilton%2C+Leah%22">Hamilton, Leah</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Murphy-Erby%2C+Yvette%22">Murphy-Erby, Yvette</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Denny%2C+GeorgeS%2E%22">Denny, GeorgeS.</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> gdenny@uark.edu</i><br /><searchLink fieldCode="AR" term="%22Givens%2C+Ashley%22">Givens, Ashley</searchLink><relatesTo>1</relatesTo> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Poverty%22">Journal of Poverty</searchLink>. Jan-Mar2013, Vol. 17 Issue 1, p47-62. 16p.
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  Data: <searchLink fieldCode="DE" term="%22Assets+%28Accounting%29%22">Assets (Accounting)</searchLink><br /><searchLink fieldCode="DE" term="%22Savings%22">Savings</searchLink><br /><searchLink fieldCode="DE" term="%22Social+support%22">Social support</searchLink><br /><searchLink fieldCode="DE" term="%22Self-efficacy%22">Self-efficacy</searchLink><br /><searchLink fieldCode="DE" term="%22Well-being%22">Well-being</searchLink><br /><searchLink fieldCode="DE" term="%22Income%22">Income</searchLink>
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  Label: Abstract
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  Data: Researchers have traditionally examined economic well-being with income data, yet recent findings indicate positive effects of assets on well-being, independent from income. For this study, baseline data from 904 low-income individuals were used to examine relationships between income, assets, and personal, social, and economic outcomes. Baseline findings indicate that financial assets did not influence perceptions of self-efficacy, economic strain, or social support. However, an individual's age was associated with perceived outcomes, with increased age leading to decreased support and self-efficacy and increased economic strain. A discussion of findings and implications of this research for community-based strategies is provided. [ABSTRACT FROM PUBLISHER]
– Name: AbstractSuppliedCopyright
  Label:
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  Data: <i>Copyright of Journal of Poverty is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1080/10875549.2012.747999
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        Text: English
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      – SubjectFull: Savings
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      – SubjectFull: Social support
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              Text: Jan-Mar2013
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