FINANCIAL WELL BEING: A MULTIFACTORIAL ANALYSIS OF LUDOVICENSE’S BEHAVIOR

The objective of this study is to analyze the influence of behavioral factors (materialism, financial behavior, financial attitude and financial knowledge) and socioeconomic and demographic variables (gender, age, marital status, children, level of schooling, race, occupation and income) in financia...

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Bibliographic Details
Main Authors: Anna Paula Carvalho Diniz, Kelmara Mendes Vieira, Ani Caroline Grigion Potrich, Jéssica Pulino Campara
Format: Article
Language:Portuguese
Published: Universidade de Santa Cruz do Sul 2015-12-01
Series:Estudos do CEPE
Subjects:
Online Access:https://online.unisc.br/seer/index.php/cepe/article/view/6317
Description
Summary:The objective of this study is to analyze the influence of behavioral factors (materialism, financial behavior, financial attitude and financial knowledge) and socioeconomic and demographic variables (gender, age, marital status, children, level of schooling, race, occupation and income) in financial well-being. The study’s scenario is the city called São Luís, located in the state of Maranhão, where 629 questionnaires were obtained. To analyze the data, descriptive statistics, factor analysis and multiple linear regression have been used. Results indicate that people from Maranhão are not satisfied with their financial situation, and have presented a low level of financial well-being, which is positively influenced by aspects related to investment in saving account, financial attitude control and age.
ISSN:1982-6729