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2015 | 46 | 2 | 197-208
Article title

The Impact of Money Attitudes on the Relationship Between Income and Financial Satisfaction

Content
Title variants
Languages of publication
EN
Abstracts
EN
Prior research has showed that the subjective perception of objective wealth might be affected by various individual difference variables, such as one’s love of money, level of desires, or materialistic inclinations. This paper examines an impact of attitudes towards money on the relation between personal net income and household income, and its subjective evaluation, measured as financial satisfaction and subjective economic well-being. The results of two studies revealed that the affective dimension of money attitudes (assigning the symbolic meaning to money) partially mediated the relationship between income and financial satisfaction. Moreover, the instrumental dimension of attitude towards money (individuals’ attitude toward money management) moderated this relationship: The relationship between the two was stronger for individuals highly concentrated on money management than for those with low scores on this factor.
Year
Volume
46
Issue
2
Pages
197-208
Physical description
Dates
published
2015-06-01
online
2015-05-22
Contributors
  • University of Social Sciences and Humanities in Warsaw, Faculty in Wroclaw, Ostrowskiego 30b, 53-238 Wroclaw, Poland, agasiorowska@swps.edu.pl
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.doi-10_1515_ppb-2015-0026
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