How do Changing Financial Circumstances Relate to Financial Well-Being? Evidence from a National Survey

Author

Sam Bufe, Washington University in St. Louis
Sicong Sun, Washington University in St. Louis
Stephen P. Roll, Washington University in St. Louis
Olga Kondratjeva, Washington University in St. Louis
Michal Grinstein-Weiss, Washington University in St. Louis

Publication Date

3-20-2019

Publisher

Social Policy Institute at Washington University in St. Louis

Summary

This brief is the third and final brief in a series exploring the financial well-being of low- and moderate-income (LMI) households in the United States. The first brief in this series explored how financial well-being differed between LMI households and the general population.¹ The second in the series examined how financial well-being changed over time in a sample of LMI respondents.² This brief uses longitudinal survey data paired with administrative tax data to assess how different household experiences—including the use of alternative financial services, the experience of material and medical hardship, and improvements in physical and financial health—correspond to the changes in the financial well-being of LMI households.

Document Type

Research Brief

Original Citation

Bufe, S., Sun, S., Roll, S. P., Kondratjeva, O., & Grinstein-Weiss, M. (2019, March). How do Changing Financial Circumstances Relate to Financial Well-Being? Evidence from a National Survey. (SPI Research Brief No. 19-02). St. Louis, MO: Washington University, Social Policy Institute.

Notes

Permanent URL: https://doi.org/10.7936/pe29-4h27

DOI:

https://doi.org/10.7936/pe29-4h27

Project

Refund to Savings (R2S)

Recommended Citation

Bufe, S., Sun, S., Roll, S. P., Kondratjeva, O., & Grinstein-Weiss, M. (2019, March). How do Changing Financial Circumstances Relate to Financial Well-Being? Evidence from a National Survey. (SPI Research Brief No. 19-02). St. Louis, MO: Washington University, Social Policy Institute.