Abstract
This study examined whether Big Five personality traits and their longitudinal trajectories can predict future levels of subjective financial well-being. Data were obtained from the Household, Income, and Labour Dynamics in Australia (HILDA) survey (N = approximately 11,300). Personality traits were measured four times between 2005 and 2017, while subjective financial well-being was measured in 2020 and served as a distal outcome. Results of latent growth curve analysis showed that initial levels of emotional stability and conscientiousness and their rates of change predicted future levels of subjective financial well-being. Individuals with higher initial levels and larger increases in emotional stability and conscientiousness were more likely to have higher future levels of financial well-being.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
