FINANCIAL HARDSHIP IS ASSOCIATED WITH REPEATED STRESSORS AS MEASURED BY STRESSOR DIVERSITY
2024

Financial Hardship and Daily Stressors

Sample size: 1024 publication Evidence: moderate

Author Information

Author(s): Surachman Agus

Primary Institution: Drexel University

Hypothesis

How do different domains of financial hardship relate to daily stressor concentration?

Conclusion

Higher financial hardship is linked to experiencing more concentrated daily stressors, which can negatively impact health as people age.

Supporting Evidence

  • Higher stressor concentration is associated with poorer health and well-being across adulthood.
  • A higher total score of financial hardship was associated with higher stressor concentration.
  • Findings replicated across material and psychological domains of financial hardship.
  • The impact of financial hardship on stressor concentration was exacerbated with older age.

Takeaway

If you have money problems, you might face more stress in your daily life, which can make you feel worse as you get older.

Methodology

The study used data from the Midlife in the United States study wave 3, where participants completed 8-day daily diary interviews.

Participant Demographics

Participants were aged 43-90, with 57% being female.

Statistical Information

P-Value

p <.01

Statistical Significance

p<0.01

Digital Object Identifier (DOI)

10.1093/geroni/igae098.0346

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