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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MDPI AG
2020-12-01
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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. |
first_indexed | 2024-03-10T14:12:09Z |
format | Article |
id | doaj.art-d4f901f5a135437195f65ad81d8fd4fd |
institution | Directory Open Access Journal |
issn | 2076-328X |
language | English |
last_indexed | 2024-03-10T14:12:09Z |
publishDate | 2020-12-01 |
publisher | MDPI AG |
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series | Behavioral Sciences |
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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