@article {Asebedo20191,
	title = {Psychosocial attributes and financial self-efficacy among older adults},
	journal = {Journal of Financial Therapy},
	volume = {10},
	year = {2019},
	note = {cited By 0},
	pages = {1-29},
	abstract = {This study investigates the relationship between psychosocial characteristics and financial selfefficacy (FSE) within a sample of 9,187 U.S. individuals over age 50 from the Health and Retirement Study. Psychosocial factors were operationalized through the PERMA well-being construct from positive psychology: positive emotions, engagement, relationships, meaning, and accomplishment. Results of a second-order confirmatory factory analysis (CFA) within a structural equation modeling framework revealed that the PERMA construct was positively associated with FSE for the full sample, the spouse/partner sample, and the sample with children. Results also indicated that all individual PERMA elements were directly and positively associated with FSE except for engagement, which revealed a direct negative relationship. Researchers have found older adults{\textquoteright} FSE to be vulnerable to a sustained decline; this study builds upon the literature by providing insight into how the psychosocial environment might contribute to or mitigate this decline. {\textcopyright} 2019 Revista Civilistica.},
	keywords = {Finances, Psychosocial, Self-efficacy},
	doi = {10.4148/1944-9771.1196},
	author = {Asebedo, S.D.}
}
