Abstract

Fear of poverty – verification of its relationship to socio-economic status and selected personality variables

Highlights

  • The results of the analysis showed that within the examined personality traits, neuroticism was a significant predictor of the fear of poverty; explaining 6% of variance in the dependent variable

  • Out of the selected indicators of socio-economic status, financial stress (24%) and employment status (5%) became significant predictors. Based on these findings it can be stated that employees with higher levels of financial stress and neuroticism showed a higher level of the fear of poverty

  • The relationship between socio-economic status and the fear of poverty would be mediated by personality variables and by the neuroticism of a person; which shows the relationship to financial stress (r = -.45) as well as to the fear of poverty (r = .49)

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Summary

Objectives

Research objective: The aim of the research was to examine the relationship between the indicators of socioeconomic status and selected personality traits to the fear of poverty. One of the aims of this paper is to get a better understanding of the “fear of poverty” concept and to look to ways of collecting empirical evidence explaining the properties of the construct. The aim of the research was to examine the relationship between the selected indicators of socio-economic status and selected personality traits to the fear of poverty. The aim of the research was to examine the relationship between two groups of predictors – personality traits and socio-economic status indicators – and the fear of poverty in regression models

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