As financial well-being is considered to be one of the most important factors which may affect the level of financial satisfaction and consequently the level of life satisfaction, financial distress has emerged as an important subject of research. According to the findings, married adults seem to be the most financially satisfied group, whereas single adults seem to be the least financially satisfied group.
Yet, interestingly, they are the least financially distressed group as well. Divorced adults, on the other hand, seem to be the most financially distressed group. Middle aged adults seem to overview their financial position more often than young adults. Both young and middle aged women seem to overview their financial position more often than men. Women tend to save more on a regular basis compared to men. Similarly, young adults tend to save more on a regular basis.
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Pathways to life success: A conceptual model of financial well-being for young adults, Journal of Applied Developmental Psychology 30, β Tatzel, M. Wilhelm, M. Xiao, J. Consumer financial capability and financial satisfaction. Social Indicators Research, 1 , Pegem Akademi, Ankara Tam Metin.
