Doctor of Philosophy / Department of Family Studies and Human Services / Kristy Archuleta / This dissertation explores the association of culture with financial satisfaction. Social
identity theory, a successor of symbolic interaction framework (Mead, 1930) serves as the
theoretical framework for this study, conceptualizing the impact of culture on identity formation
through the values, norms, and beliefs of cultures adopted by individuals. Social identity theory
also provides an understanding of the power and influence of reference groups supplied by
culture through the context provided for the internal determination of satisfaction. The cultures
examined (e.g., geography, socioeconomic status, religiosity), each had associations with life
domains which influence satisfaction according to well-being research. The associations of
cultures with financial satisfaction is a largely unexplored area of research, perhaps due to the
difficulty in defining and measuring culture, as well as the challenges associated with influencing
financial satisfaction. Data for this study was obtained from the 2012 General Social Survey,
conducted by the National Opinion Research Center.
This study found the geographic characteristics of home ownership and living in a single
family home were associated with financial satisfaction and individuals living in the same state
as they did when age 16 had more points of association with financial satisfaction than those not
living in the same state. Further, of the SES measures in the study, income was found to be
consistently associated with financial satisfaction. Religiosity, including religiosity by religious
text (e.g., Bible, Torah, Quran) and prayer were not found to be associated with financial
satisfaction. However, frequency of attendance at religious services had a statistically significant
association with financial satisfaction and was found to be a moderator of the financial
satisfaction of those living in the Eastern and Western U.S. Regions.
Understanding the association of culture with financial satisfaction may provide planners
with insights into factors which contribute to a client’s values, beliefs and attitudes about their
finances. An awareness of the power of cultural values, beliefs and values to influence
satisfaction may make a positive contribution to the quality of conversation between planners
and clients as they work toward establishing authentic goals and objectives for the client and
develop plans to achieve those goals.
| Identifer | oai:union.ndltd.org:KSU/oai:krex.k-state.edu:2097/18805 |
| Date | January 1900 |
| Creators | Dale, Anita Kaye |
| Publisher | Kansas State University |
| Source Sets | K-State Research Exchange |
| Language | en_US |
| Detected Language | English |
| Type | Dissertation |
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