Analysis reveals emotional distress linked to low financial well-being in mature adults, suggesting risks of depression.
Objectives Poverty and poor financial functioning are risk factors for depression, but risk mechanisms are incompletely understood. The current study tested a model in which low financial well-being (FWB) functions as a chronic stressor, increasing emotional distress during daily life, the cumulative burden of which leads to increases in depressive symptomatology.
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Jeffrey R. Vittengl (2025) studied this question.
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