| Title |
The existential cost of economic insecurity: Threatened financial security undercuts meaning
|
|---|---|
| Published in |
The Journal of Social Psychology, January 2017
|
| DOI | 10.1080/00224545.2016.1270892 |
| Pubmed ID | |
| Authors | |
| Abstract |
Financial security (i.e., a person's sense that they can afford the things they need now and in the foreseeable future) contributes to psychological health and well-being. In the present research, we explored the implications of financial security for perceptions of meaning in life. In Study 1, we found that perceptions of financial insecurity predicted perceptions of meaning in life above and beyond income. Further, income only predicted perceptions of meaning to the extent that it was associated with reduced financial insecurity. In Studies 2 and 3, we found that financial security threats undermined perceptions of meaning in life. Taken together, these studies suggest that maintaining financial security is important for a sense of meaning in life. |
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X Demographics
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| United States | 3 | 33% |
| Australia | 1 | 11% |
| Switzerland | 1 | 11% |
| Unknown | 4 | 44% |
Demographic breakdown
| Type | Count | As % |
|---|---|---|
| Members of the public | 6 | 67% |
| Scientists | 2 | 22% |
| Practitioners (doctors, other healthcare professionals) | 1 | 11% |
Mendeley readers
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Unknown | 44 | 100% |
Demographic breakdown
| Readers by professional status | Count | As % |
|---|---|---|
| Student > Ph. D. Student | 8 | 18% |
| Student > Master | 7 | 16% |
| Unspecified | 5 | 11% |
| Researcher | 3 | 7% |
| Student > Postgraduate | 3 | 7% |
| Other | 6 | 14% |
| Unknown | 12 | 27% |
| Readers by discipline | Count | As % |
|---|---|---|
| Psychology | 12 | 27% |
| Social Sciences | 7 | 16% |
| Unspecified | 5 | 11% |
| Economics, Econometrics and Finance | 3 | 7% |
| Environmental Science | 1 | 2% |
| Other | 2 | 5% |
| Unknown | 14 | 32% |