The relationship between mental wellbeing and financial management among older people: an analysis using the third wave of Understanding Society

Publication type

Research Paper

Author

Publication date

January 15, 2014

Summary:

An analysis using the third wave of Understanding Society

Using data from the UK’s largest social survey, Understanding Society, new research reveals that people who are struggling to manage their finances in old age have eight times the odds of having reduced levels of mental wellbeing.
The new evidence is published today in a working paper published by the Personal Finance Research Centre (PFRC) at the University of Bristol and the International Longevity Centre UK (ILC-UK). The research has been produced as part of the ILC-UK and PFRC project on “financial wellbeing in older age” funded by the ESRC’s Secondary Data Analysis Initiative.

Subjects

Link

http://www.ilcuk.org.uk/index.php/publications/publication_details/the_relationship_between_mental_wellbeing_and_financial_mangement_among_old

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