Financial Distress Of Adults: A Survey In Eskişehir, Turkey

Özlem SAYILIR; Zeynep İLHAN; Veysel YILMAZ

doi:https://doi.org/10.30855/gjeb.2019.5.3.002

Makale detayları

Financial Distress Of Adults: A Survey In Eskişehir, Turkey

Yazarlar:

Özlem SAYILIR | Zeynep İLHAN | Veysel YILMAZ

Yayıncı:

Aydın KARAPINAR

Ana Başlıklar:

Genel yönetim

Dergi:

Gazi Journal of Economics and Business 2019 Vol.5 Issue 3, pp.160-169

Belge Tipi:

Makale

Yayın Tarihi:

10/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000425515

eISSN:

2548-0162

DOI:

https://doi.org/10.30855/gjeb.2019.5.3.002

Özet:

 


As financial well-being is considered to be one of the most important
factors which may affect the level of financial satisfaction and consequently
the level of life satisfaction, financial distress has emerged as an important
subject of research. We measure the variables of financial distress, financial
management behavior and money attitude for adults with a survey conducted on a
sample of households living in Eskişehir, Turkey and attempt to model the
interrelationships between these variables using Structural Equation Models.
The results of the model reveal that High Level of Financial Distress is
associated positively with Risky Financial Management Behavior and negatively
with Investment Oriented Financial Management Behavior. Moreover, Money Oriented
Financial Attitude and Investment Oriented Financial Management Behavior are
positively correlated. According to the findings, married adults seem to be the
most financially satisfied group, whereas single adults seem to be the least
financially satisfied group. Yet, interestingly, they are the least financially
distressed group as well. Divorced adults, on the other hand, seem to be the
most financially distressed group. Middle aged adults seem to overview their
financial position more often than young adults. Both young and middle aged
women seem to overview their financial position more often than men. Women tend
to save more on a regular basis compared to men. Similarly, young adults tend
to save more on a regular basis.

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Makale detayları

Financial Distress Of Adults: A Survey In Eskişehir, Turkey

Yazarlar: Özlem SAYILIR | Zeynep İLHAN | Veysel YILMAZ

Yayıncı: Aydın KARAPINAR

Ana Başlıklar: Genel yönetim

Dergi: Gazi Journal of Economics and Business 2019 Vol.5 Issue 3, pp.160-169

Belge Tipi: Makale

Yayın Tarihi: 10/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000425515

eISSN: 2548-0162

DOI: https://doi.org/10.30855/gjeb.2019.5.3.002

Sayı

Yazarlar:

Özlem SAYILIR | Zeynep İLHAN | Veysel YILMAZ

Yayıncı:

Aydın KARAPINAR

Ana Başlıklar:

Genel yönetim

Dergi:

Gazi Journal of Economics and Business 2019 Vol.5 Issue 3, pp.160-169

Belge Tipi:

Makale

Yayın Tarihi:

10/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000425515

eISSN:

2548-0162

DOI:

https://doi.org/10.30855/gjeb.2019.5.3.002