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2023 Annual Conference

du 16 au 18 May 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.

A3b Living With Materialism: The Role of Growth Mindset in Financial Well-Being for the Materialist

mardi 16 mai 2023 à 15:30–17:00 PDT
Room 3
Short Description

While studies have shown that materialism produces negative outcomes, Americans remain staunchly materialistic. Another avenue for these persistent material values is to examine the conditions under which materialism might be harnessed for increased financial well-being. In this study, we propose a conceptual model to investigate the role of growth mindset. We found that having a growth mindset partially mediated the relationship between materialism and current money management stress (the current dimension of financial well-being) and fully mediated the relationship between materialism and expected future financial security (the future dimension of financial well-being). Thus, the negative effect of materialism on current money management stress appears to be due, at least in part, to the influence of materialism on the mindset of the individual. Surprisingly, materialism had a positive association with expected future financial security. The findings have implications for ways to help consumers manage their materialism to advance their well-being.

Type of presentation

Accepted Oral Presentation

Submitter

Pan-Ju Chen, University of Georgia

Authors

Pan-Ju Chen, University of Georgia
Dee Warmath, University of Georgia
Chargement en cours …