Benefits of Finding the Silver Lining: Secondary Control Protects Well-Being During Pandemic Financial Hardships
2024
Benefits of Finding the Silver Lining During Financial Hardships
Sample size: 292
publication
Evidence: moderate
Author Information
Author(s): Pierce Matthew, Duggan Katherine, Klepacz Laura, Hamm Jeremy
Primary Institution: North Dakota State University
Hypothesis
Does within-person shifts in secondary control predict corresponding shifts in well-being during financial hardships?
Conclusion
Increases in secondary control are linked to improved well-being, especially during financial hardships.
Supporting Evidence
- Shifts in secondary control predicted shifts in mental health and well-being.
- Financial hardship moderated the relationship between secondary control and perceived stress.
- Increases in secondary control had pronounced benefits during financial hardships.
Takeaway
When people believe they can find something good in tough times, it helps them feel better, especially when they are struggling financially.
Methodology
Analyzed data from the NDSU National COVID Study with 5 waves of data collection.
Participant Demographics
U.S. adults aged 18-80
Statistical Information
P-Value
p<0.01
Statistical Significance
p<0.05
Digital Object Identifier (DOI)
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