The impact of financial resources on soldiers’ well-being
Bell, M. M., Nelson, J. S., Spann, S. M., Molloy, C. J., Britt, S. L., & Nelson Goff, B. S. (2014). The impact of financial resources on soldiers’ well-being. Journal of Financial Counseling and Planning, 25(1), 41-52. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2466556
Abstract Created by REACH
Service members experience unique financial stressors and buffers. The study examined the effect of financial resources on Soldiers' well-being by having 715 Soldiers self-report their subjective well-being, financial asset, perceived financial knowledge, and constrains on resources. Results indicated negative associations between Soldiers' financial stress and subjective well-being.
Research summaries convey terminology used by the scientists who authored the original research article; some terminology may not align with the federal government's mandated language for certain constructs.
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