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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
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
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  Data: 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 &lt; 0.001), with financial strain serving as a mediator in this relationship, resulting in a significant indirect effect (b = -0.051, p &lt; 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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    Languages:
      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 36
        StartPage: 33
    Subjects:
      – SubjectFull: Foreign Countries
        Type: general
      – SubjectFull: Life Satisfaction
        Type: general
      – SubjectFull: Problem Solving
        Type: general
      – SubjectFull: Economic Factors
        Type: general
      – SubjectFull: Income
        Type: general
      – SubjectFull: Developing Nations
        Type: general
      – SubjectFull: Developed Nations
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      – SubjectFull: Economic Development
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      – SubjectFull: Financial Education
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      – SubjectFull: Expectation
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      – SubjectFull: Online Surveys
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      – SubjectFull: Financial Problems
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      – TitleFull: Enhancing Life Satisfaction through Problem-Solving: The Mediating Impact of Financial Strain and Moderating Roles of Economic Hope and Education
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              Y: 2025
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