Satisfaction with One’s Finances

Abstract

In this chapter MDT is used to explain satisfaction with one’s finances. In the next section (4.2), I review mean satisfaction scores for the world balanced sample, relatively developed and less developed countries, 39 countries, males and females. In Sections 4.3 and 4.4 financial satisfaction is explained by MDT, respectively, for the world balanced sample taken as a whole, and for males and females taken separately. Section 4.5 summarizes results of using MDT to explain financial satisfaction in 38 countries, including relatively developed and less developed countries, males and females. In the final section (4.6), MDT’s prediction success ratios are reviewed for all the explanations offered in Section 4.5.