Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program

Life expectancy has increased in many countries throughout the world over recent years, leading to new challenges related to aging. A large part of the population is over 60 years old, and therefore studies that focus on financial autonomy and active aging are necessary. In this paper, we analyze th...

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Main Authors: Claudia Idárraga-Cabrera, Jorge-Manuel Dueñas, Marina-Begoña Martínez-González, Regina Navarro-Blanco, Marianela Denegri-Coria, Mariana Pino
Format: Article
Language:English
Published: MDPI AG 2020-12-01
Series:Behavioral Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-328X/10/12/189
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author Claudia Idárraga-Cabrera
Jorge-Manuel Dueñas
Marina-Begoña Martínez-González
Regina Navarro-Blanco
Marianela Denegri-Coria
Mariana Pino
author_facet Claudia Idárraga-Cabrera
Jorge-Manuel Dueñas
Marina-Begoña Martínez-González
Regina Navarro-Blanco
Marianela Denegri-Coria
Mariana Pino
author_sort Claudia Idárraga-Cabrera
collection DOAJ
description Life expectancy has increased in many countries throughout the world over recent years, leading to new challenges related to aging. A large part of the population is over 60 years old, and therefore studies that focus on financial autonomy and active aging are necessary. In this paper, we analyze the relationship between cognitive functioning and life satisfaction in relation to financial attitudes in a sample of 251 elderly adults (71% women) participating in an active aging program (M = 67.5, SD = 4.5). We used the Mini-Mental State Examination, the Satisfaction with Life scale, and a questionnaire about financial attitudes to gather data. Our results show that cognitive functioning and life satisfaction are related to certain financial attitudes. We also observed differences associated with gender, education level, and financial independence. According to our findings, life satisfaction should be taken into account when the financial attitudes of older adults are evaluated. The importance of support groups for the elderly is highlighted as well as of all those recreation and health programs, since they constitute a means of promoting well-being.
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spelling doaj.art-d4f901f5a135437195f65ad81d8fd4fd2023-11-21T00:07:38ZengMDPI AGBehavioral Sciences2076-328X2020-12-01101218910.3390/bs10120189Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging ProgramClaudia Idárraga-Cabrera0Jorge-Manuel Dueñas1Marina-Begoña Martínez-González2Regina Navarro-Blanco3Marianela Denegri-Coria4Mariana Pino5Department of Social Sciences, University of La Costa, Barranquilla 080002, ColombiaDepartment of Psychology, Universitat Rovira i Virgili, 43007 Tarragona, SpainDepartment of Social Sciences, University of La Costa, Barranquilla 080002, ColombiaCenter of Excellence in Economic and Consumer Psychology, University of La Frontera, Calle Francisco Salazar, Temuco 1145, ChileCenter of Excellence in Economic and Consumer Psychology, University of La Frontera, Calle Francisco Salazar, Temuco 1145, ChileFaculty of Social Sciences, Autonomous University of the Caribbean, Barranquilla 080002, ColombiaLife expectancy has increased in many countries throughout the world over recent years, leading to new challenges related to aging. A large part of the population is over 60 years old, and therefore studies that focus on financial autonomy and active aging are necessary. In this paper, we analyze the relationship between cognitive functioning and life satisfaction in relation to financial attitudes in a sample of 251 elderly adults (71% women) participating in an active aging program (M = 67.5, SD = 4.5). We used the Mini-Mental State Examination, the Satisfaction with Life scale, and a questionnaire about financial attitudes to gather data. Our results show that cognitive functioning and life satisfaction are related to certain financial attitudes. We also observed differences associated with gender, education level, and financial independence. According to our findings, life satisfaction should be taken into account when the financial attitudes of older adults are evaluated. The importance of support groups for the elderly is highlighted as well as of all those recreation and health programs, since they constitute a means of promoting well-being.https://www.mdpi.com/2076-328X/10/12/189financial attitudesactive aginglife satisfactionolder peopleaging
spellingShingle Claudia Idárraga-Cabrera
Jorge-Manuel Dueñas
Marina-Begoña Martínez-González
Regina Navarro-Blanco
Marianela Denegri-Coria
Mariana Pino
Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
Behavioral Sciences
financial attitudes
active aging
life satisfaction
older people
aging
title Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
title_full Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
title_fullStr Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
title_full_unstemmed Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
title_short Cognitive Functioning, Life Satisfaction, and Their Relationship with the Financial Attitudes of Older Individuals Who Participate in an Active Aging Program
title_sort cognitive functioning life satisfaction and their relationship with the financial attitudes of older individuals who participate in an active aging program
topic financial attitudes
active aging
life satisfaction
older people
aging
url https://www.mdpi.com/2076-328X/10/12/189
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