APS
2025 APS Annual Convention · 2025
The Relationship between Financial Well-Being, Subjective Well-Being, Materialism, and Financial Skills Among the African American Community
- Ashlee Long
Fielding Graduate University - Ashlee Long
North Carolina Central University - Jonathan Livingston
North Carolina Central University - Christopher Edwards
NCCU & Duke University - John Sollers
North Carolina Central University
Abstract
This study uses secondary data from the National Financial Well-Being Survey to investigate relationships between subjective well-being, financial well-being, materialism, and financial skills within the African American community. Findings reveal financial skills and subjective well-being significantly predict financial well-being, while materialism does not. Results highlight the need for skill-based interventions.
Cultural Diversity
