Paul Gerrans|Craig Speelman|Guillermo Campitelli
The Relationship Between Personal Financial Wellness and Financial Wellbeing: A Structural Equation Modelling Approach
University of Western Australia|Edith Cowan University|Edith Cowan University
examined construct financial wellness relationship personal wellbeing focus role financial literacy gender comparisons made using structural equation modeling analysis including personal wellbeing financial satisfaction financial status financial behavior financial attitude financial knowledge males ranked higher financial satisfaction financial knowledge whereas females ranked higher personal wellbeing joos 2008 concept financial wellness multidimensional supported though result improved causal model subcomponents estimated relationship variables personal wellbeing mediated financial satisfaction gender differences females main source financial satisfaction financial status whereas males financial knowledge