Subjective Financial Well-Being as Predictor of Post-Pandemic Health and Life Domains in a Middle-Income Country

Subjective financial well-being (SFWB) is a core component usually associated with health and life domains. The covid-19 pandemic contributed to the emergence of a global financial crisis that reduced the population's SFWB, especially in low and middle-income countries. This study aims to investigate (1) whether post-pandemic (2022-2023) SFWB predicts current health and life-related outcomes status compared to the pandemic period (2020-2021) in a cross-sectional sample of 290 Brazilian adults, and (2) if SFWB is a better predictor of health and life-related outcomes than sociodemographic variables. We employ ordinal and multinomial logistic regressions to examine the predictive capacity that SFWB and sociodemographic variables have on health and life-related outcomes. The main findings indicate that for each unit increase in some SFWB dimension, there is an increase between 63% and 160% in the odds of adults reporting better health and life-related outcomes in the post-pandemic period when comparing themselves with the pandemic period. We also found that SFWB is a better predictor of 8 out of 10 health and life-related outcomes than sociodemographic variables. Furthermore, in the SFWB the dimension ‘having money’ was the best predictor, followed by the ‘money management’ domain. These findings reinforce the importance of assessing SFWB as a multidimensional construct and the need for interventions to enhance SFWB levels in the adult population. Implications of the results are discussed and instructions to guide professionals and policymakers on the consequences associated with fluctuations in SFWB levels are provided.

Authors

Institutions

Publication Details

Journal
Trends in Psychology
Published
2026-03-31
DOI
https://doi.org/10.1007/s43076-026-00519-6
Primary Topic
Financial Literacy, Pension, Retirement Analysis
Type
article
Field-Weighted Citation Impact
0.00

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Subjective Financial Well-Being as Predictor of Post-Pandemic Health and Life Domains in a Middle-Income Country

Alexandre Anselmo Guilherme, Nicolas de Oliveira Cardoso, Wagner de Lara Machado
Trends in Psychology
Financial Literacy, Pension, Retirement Analysis
article

Subjective Financial Well-Being as Predictor of Post-Pandemic Health and Life Domains in a Middle-Income Country

Alexandre Anselmo Guilherme, Nicolas de Oliveira Cardoso, Wagner de Lara Machado
article en

Abstract

Subjective financial well-being (SFWB) is a core component usually associated with health and life domains. The covid-19 pandemic contributed to the emergence of a global financial crisis that reduced the population's SFWB, especially in low and middle-income countries. This study aims to investigate (1) whether post-pandemic (2022-2023) SFWB predicts current health and life-related outcomes status compared to the pandemic period (2020-2021) in a cross-sectional sample of 290 Brazilian adults, and (2) if SFWB is a better predictor of health and life-related outcomes than sociodemographic variables. We employ ordinal and multinomial logistic regressions to examine the predictive capacity that SFWB and sociodemographic variables have on health and life-related outcomes. The main findings indicate that for each unit increase in some SFWB dimension, there is an increase between 63% and 160% in the odds of adults reporting better health and life-related outcomes in the post-pandemic period when comparing themselves with the pandemic period. We also found that SFWB is a better predictor of 8 out of 10 health and life-related outcomes than sociodemographic variables. Furthermore, in the SFWB the dimension ‘having money’ was the best predictor, followed by the ‘money management’ domain. These findings reinforce the importance of assessing SFWB as a multidimensional construct and the need for interventions to enhance SFWB levels in the adult population. Implications of the results are discussed and instructions to guide professionals and policymakers on the consequences associated with fluctuations in SFWB levels are provided.

Trends in Psychology
Pontifícia Universidade Católica do Rio Grande do Sul (BR)
Pontifícia Universidade Católica do Rio Grande do Sul
Openalex Percentile: Top 31%
Financial Literacy, Pension, Retirement Analysis
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Subjective Financial Well-Being as Predictor of Post-Pandemic Health and Life Domains in a Middle-Income Country — Alexandre Anselmo Guilherme, Nicolas de Oliveira Cardoso, et al. · Trends in Psychology (2026) | TGRS Research Map | TGRS