Faculty Sponsor: Carly Ward
Live Poster Session: Zoom Link
Carly Ward
I am a sophomore on women’s ice hockey majoring in economics and minoring in data analysis. I am originally from the Boston area and am a huge New England sports fan. I have two yellow labs and one of them, Sammi, loves eating socks and has had 5 surgeries to remove them.
Abstract: This study explores the intricate relationship between financial well-being and life satisfaction, controlling for the effects of gender, age, and education. Drawing on data from the 2017 National Financial Well-Being Survey (NFWBS), which includes 6,394 U.S. adults, the study aims to establish how financial well-being correlates with life satisfaction and how demographic factors influence this relationship. Life satisfaction is measured on a 7-point scale, while financial well-being scores range from 1 to 95. Education levels, age groups, and gender are incorporated as additional variables to provide a comprehensive analysis. The study results suggest that higher education levels correlates with greater life satisfaction, older individuals have higher life satisfaction, and females may report slightly lower life satisfaction levels. The findings aim to inform policymakers on demographic-specific strategies to enhance overall well-being and promote economic resilience.
Video/Audio Component: (Optional) – You can delete this section if you don’t use it
Final-Poster