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2023 Annual Conference

del 16 al 18 de May del 2023

Palace Station Hotel & Casino, Las Vegas, NV, US

IMPORTANT NOTICE: The date, time, and room assignment of YOUR presentation is SUBJECT TO CHANGE.

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Confirm your place in the schedule by following the instructionss that were emailed to you. Each presentation must have a separate paid registration. Contact the ACCI office immedicately by email at admin@consumerinterests.org to report any conflict, all corrections to the details of the presentation (including author names and the order they are listed as this is how it will be in the final program), or if you have any questions. Please be sure to reference the session title(s), date(s), and time(s) when you contact us.

105 Financial Hardship, Financial Advice Seeking and Mental Health During COVID -19

miércoles, el 17 de mayo de 2023 a las 08:00–08:50 PDT
Room 5 Posters
Short Description

According to the PULSE survey conducted in October 2021, approximately 12 million experienced severe debt due to stalled economic growth characterized by expiring unemployment benefits and supply chain problems that added to soaring prices of goods (Center On Budget and Policy Priorities, 2021). The impacts of the pandemic have been widespread; however, they particularly remain prevalent among Black people, Latino people, and other people of color. These disproportionate impacts are reflective of long-standing inequities largely stemming from structural racism (Center On Budget and Policy Priorities, 2021). While the link between financial hardship and health has long been recognized (Adler et al., 1994; Adler & Stewart, 2010; Sweet et al., 2013), there is little evidence on the role of financial advice on financial difficulty and mental health during COVID- 19. With the rise in economic burden during COVID- 19, it becomes crucial to understand the financial advice-seeking role. In examining this relationship, this study explores the moderating role of financial advice-seeking between financial difficulty and mental health during COVID-19.

Type of presentation

Accepted Poster Presentation

Submitter

Isha Chawla, University of Maryland, College Park

Authors

Isha Chawla, University of Maryland, College Park
Jinhee Kim, University of Maryland
Swarn Chatterjee, University of Georgia
Sae Rom Chung, University of Georgia
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