Enhancing Life Satisfaction through Problem-Solving: The Mediating Impact of Financial Strain and Moderating Roles of Economic Hope and Education
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| Title: | Enhancing Life Satisfaction through Problem-Solving: The Mediating Impact of Financial Strain and Moderating Roles of Economic Hope and Education |
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| Language: | English |
| Authors: | Albana Berisha Qehaja, Edona Berisha Kida |
| Source: | Journal of Social Studies Education Research. 2025 16(3):33-68. |
| Availability: | Journal of Social Studies Education Research. Serhat Mah. 1238/2 Sok. 7B Blok 12 Ostim, Yenimahalle, Ankara, Turkey; Web site: http://jsser.org |
| Peer Reviewed: | Y |
| Page Count: | 36 |
| Publication Date: | 2025 |
| Document Type: | Journal Articles Reports - Research |
| Descriptors: | Foreign Countries, Life Satisfaction, Problem Solving, Economic Factors, Income, Developing Nations, Developed Nations, Economic Development, Financial Education, Expectation, Online Surveys, Financial Problems |
| ISSN: | 1309-9108 |
| Abstract: | This study examines the relationships among problem-solving (PS), perceived financial strain (PFS), economic hope (EH), education (ED), and life satisfaction (LS) across 32 countries with varying income levels, using data from 57,545 respondents. A moderated mediation model tests five hypotheses regarding their direct, mediating, and moderating effects. The findings show that problem-solving positively predicts life satisfaction (b = 0.371, p < 0.001), with financial strain serving as a mediator in this relationship, resulting in a significant indirect effect (b = -0.051, p < 0.001). Economic hope and education moderate these relationships, though their effects vary across high-income, upper-middle-income, and lower-middle-income countries. The study emphasizes the importance of problem-solving in improving life satisfaction, with economic hope and education as key buffers against financial strain. These results have important implications for policymakers, economic analysts, organizational leaders and managers, and educators. They advocate for solutions that enhance problem-solving skills, foster economic hope, and improve access to education to alleviate financial strain and promote global well-being. |
| Abstractor: | As Provided |
| Entry Date: | 2025 |
| Accession Number: | EJ1486076 |
| Database: | ERIC |
| Abstract: | This study examines the relationships among problem-solving (PS), perceived financial strain (PFS), economic hope (EH), education (ED), and life satisfaction (LS) across 32 countries with varying income levels, using data from 57,545 respondents. A moderated mediation model tests five hypotheses regarding their direct, mediating, and moderating effects. The findings show that problem-solving positively predicts life satisfaction (b = 0.371, p < 0.001), with financial strain serving as a mediator in this relationship, resulting in a significant indirect effect (b = -0.051, p < 0.001). Economic hope and education moderate these relationships, though their effects vary across high-income, upper-middle-income, and lower-middle-income countries. The study emphasizes the importance of problem-solving in improving life satisfaction, with economic hope and education as key buffers against financial strain. These results have important implications for policymakers, economic analysts, organizational leaders and managers, and educators. They advocate for solutions that enhance problem-solving skills, foster economic hope, and improve access to education to alleviate financial strain and promote global well-being. |
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| ISSN: | 1309-9108 |
