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Covid-19

Financial Stress and Well-Being in Families

Bibliographic Data

ID2348334
AuthorsMargarida Rodrigues (0000-0002-0997-9716, University of Beira Interior), Rui Silva (0000-0002-0283-9462, CETRAD, University of Trás-os-Montes and Alto Douro UTAD, Vila Real, Portugal), Mário Franco (0000-0001-7818-0206, University of Beira Interior, corresponding author)
Year2023
Volume44
Issue5
Pages1254-1275
Publication date2023-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Family Issues (JOURNAL)
Journal identifiersISSN: 0192-513X • E-ISSN: 1552-5481
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0192513x211057009
PMID37064997
OpenAlexW4200372278
LanguageEN
Citations received22
References cited45

In all areas of knowledge, research has shown the devastating effects of COVID-19, and the impact on families' financial stress and well-being is one of them. Crises are predictors of families' financial stress as they produce changes in their income and negative feelings, such as fear and demotivation, which affect well-being. This study analyses the financial and social impact of COVID-19 on families, supported by the ABCE-WB model, with data collection being the result of snowball sampling. The results obtained allow the conclusion that the current pandemic crisis has caused financial stress in families, to a greater or lesser degree, and caused feelings of fear and demotivation as consequences of the general lockdown. The empirical evidence also shows that these effects are positively associated with the perception of their level of well-being. The contribution of the study lies in corroborating the model used. Final considerations are presented together with the limitations and suggestions for future research

Developmental psychology · Empirical research · Feeling · Pandemic · Perception · Snowball sampling · COVID-19 Pandemic Impacts · Employment and Welfare Studies · Medicine · Psychological Well-being and Life Satisfaction · Psychology · Social Psychology

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Unique citing works22
Citations per year5,5
Citation span2022 - 2026 (5)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 20
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