The Psychology of Financial Wellbeing : An Introduction

Grounded in Positive Economic Psychology theory and research The Psychology of Financial Wellbeing offers a comprehensive introduction to the key concepts, models and theories that that inform financial wellbeing. Financial wellbeing is a state of being where a person or a household can meet their financial obligations, feel secure about their financial future, and are able to make choices that allow them to fulfil their needs and enjoy life.This book clarifies the foundational concepts underpinning financial wellbeing, defines the concept, and outlines its indicators and core components.It also synthesises the research evidence on the factors that foster financial wellbeing and presents a novel model that offers a comprehensive blueprint for pursuing financial wellbeing. Written in a clear, balanced and accessible style, this textbook is an essential read for anyone looking to achieve financial prosperity, resilience and wellbeing.It will interest students across Economics, Business, Clinical Psychology, Social Psychology, Positive Psychology, Economic and Consumer Psychology, Education, Social Work, Coaching and Financial Planning, as well professionals looking to understand how financial wellbeing can be applied in their own work.