Abstract Using longitudinal data before and during the first six months of COVID-19 pandemic for a representative sample Dutch households, we examined role financial stress, defined as subjective experience lacking resources to cope with demands, in mental health changes. Also, stress relations households’ income, savings, debts. The revealed that average did not change but showed considerable underlying heterogeneity. Results changes significantly explained this Increases predicted...

Abstract Financial well-being is a desirable state as it benefits individuals, families, organizations, and society, these reach beyond the financial domain. We assessed two components (current stress expected future security) used data from representative sample of adults in United Kingdom ( n = 411). Our study provides novel insights based on preregistered hypotheses, method, analysis plan Open Science Framework. hypothesized that both executive functioning self-efficacy are positively...

Abstract Social welfare aims to support financially vulnerable households by protecting them from financial shocks and providing with a basic standard of living. Many eligible households, however, do not take up social welfare. We present the results in‐depth interviews 31 members in two large Dutch cities about their experiences examined role money lives, what inhibited taking welfare, how they sought support. For many interviewed was source stress. The fear reclaims mistrust government...

The present study used a Solomon four-group quasi-experimental design to examine the short-term effect of large-scale national financial education program on children's knowledge and skills in responsible spending performing transactions effectively. Our included representative sample Dutch pupils fifth grade primary school (N = 2,650). Controlling for different children-specific characteristics, results showed that increased pupils' scores effectively, but not spending. insights gained from...

The subjective experience of financial stress has profound implications for well-being, health, cognitive performance, and decision-making. In a sample Dutch households (N = 1,114), we studied the association five economic factors - income, saving, debts, income volatility, employment with four-factor measure stress: 1) an appraisal insufficient resources, 2) lack control over one's situation, 3) worries rumination, 4) short-term focus. This enabled us to examine factors' relative...

A goal of financial therapies is to increase clients' satisfaction by helping them perform positive behaviors. The present study argues that the success such can be further enhanced considering individual factors underlie To identify possibly most promising factors, data from 2018 MAS Financial Capability Survey (n = 2,133) were used and three sets examined: knowledge (financial confidence), attitudinal (future orientation attitude toward money), sense control (spending self-control...

We empirically test an integral model for healthcare and child support benefits take-up using a probability sample of the Dutch population (N = 905). To examine how different psychological factors, in conjunction, explain take-up, we apply averaging with Akaike’s Information Criterion (AICC). For both types benefits, people’s perceptions eligibility best take-up. also relates to need. Exploratory analyses suggest that but not executive functions, self-efficacy, fear reclaims, financial...

We empirically test an integral model for healthcare and child support benefits take-up using a probability sample of the Dutch population ( N = 905). To examine how different psychological factors, in conjunction, explain take-up, we apply averaging with Akaike’s Information Criterion (AIC C ). For both types benefits, people’s perceptions eligibility best take-up. also relates to need. Exploratory analyses suggest that but not executive functions, self-efficacy, fear reclaims, financial...

Social welfare aims to support financially vulnerable households by protecting them from financial shocks and providing with a basic standard of living. Many eligible households, however, do not take up social welfare. We present the results in-depth interviews 31 members in two large Dutch cities about their experiences examined role that money played lives, what inhibited taking welfare, how they sought support. For many interviewed was source stress. found fear reclaims mistrust...

Social welfare aims to support financially vulnerable households by protecting them from financial shocks and providing with a basic standard of living. Many eligible households, however, do not take up social welfare. We present the results in-depth interviews 31 members in two large Dutch cities about their experiences examined role that money played lives, what inhibited taking welfare, how they sought support. For many interviewed was source stress. found fear reclaims mistrust...

Abstract Using longitudinal data before and during the first six months of pandemic for a representative sample Dutch households, we examined role financial stress in mental health trajectories COVID-19 pandemic. Also, possible relations with households' income, buffers, debts. The revealed that average did not change but showed considerable underlying heterogeneity. Results significantly explained heterogeneity trajectories. While income explain stress, debts insufficient buffers related to...