Skip to main content
placeholder image

Promoting well-being: the role of regulatory focus in personal finance

Conference Paper


Abstract


  • This study explored how regulatory focus affects financial goals. Participants reported three types of New Year's resolutions: (a) to save more (promotion focused), (b) spend less (prevention focused), or (c) no financial goal. Results indicated those with promotion focused goals had greater optimism toward goal attainment three months later.

Authors


  •   Howell, Ryan T. (external author)
  •   Donnelly, Grant (external author)
  •   Jiang, Qian (external author)
  •   Tam, Leona

Publication Date


  • 2011

Citation


  • Donnelly, G., Tam, W., Howell, R. T. & Jiang, Q. (2011). Promoting well-being: the role of regulatory focus in personal finance. Society for Personality and Social Psychology — 2011 Annual Meeting (p. 169). San Antonio, Texas: Society for Personality and Social Psychology.

Start Page


  • 169

Abstract


  • This study explored how regulatory focus affects financial goals. Participants reported three types of New Year's resolutions: (a) to save more (promotion focused), (b) spend less (prevention focused), or (c) no financial goal. Results indicated those with promotion focused goals had greater optimism toward goal attainment three months later.

Authors


  •   Howell, Ryan T. (external author)
  •   Donnelly, Grant (external author)
  •   Jiang, Qian (external author)
  •   Tam, Leona

Publication Date


  • 2011

Citation


  • Donnelly, G., Tam, W., Howell, R. T. & Jiang, Q. (2011). Promoting well-being: the role of regulatory focus in personal finance. Society for Personality and Social Psychology — 2011 Annual Meeting (p. 169). San Antonio, Texas: Society for Personality and Social Psychology.

Start Page


  • 169