Type
Summary
Service members experience unique financial stressors and buffers. The study examined the effect of financial resources on Soldiers' well-being by having 715 Soldiers self-report their subjective well-being, financial asset, perceived financial knowledge, and constrains on resources. Results indicated negative associations between Soldiers' financial stress and subjective well-being.
Citation
Bell, M. M., Nelson, J. S., Spann, S. M., Molloy, C. J., Britt, S. L., Nelson Goff, B. S. (2014). The Impact of Financial Resources on Soldiers' Well-Being. Journal of Financial Counseling and Planning, 25, 41-52. doi:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2466556