Modeling factors affecting financial health using structural equations

Financial health is a state in which a person can fully meet their current and future financial obligations and, at the same time, feel secure in their financial future, and the choices they make in this direction allow them to enjoy life. Considering the importance of financial health and its effect on the mental and physical health of people, the present research intends to model the factors affecting financial health with the help of structural equations. Active traders in the Tehran Stock Exchange with at least ۵ years of trading experience are examined and questioned as a statistical population. Because the number of members of the statistical community is unlimited, therefore, using the Cochran sampling formula, the sample size will be determined, and the sample members will be selected using the simple random sampling method. In this study, the sample size is ۳۸۴ people using Cochran's sampling formula. To analyse the data obtained from the distribution of the questionnaire, descriptive statistics indicators such as frequency, percentage, tables, and graphs have been used to review and analyse the information related to the general characteristics of the respondents. The relationships between research variables were tested using the Kolmogorov-Smirnov test, correlation test, confirmatory factor analysis, and structural equation modelling. The results showed that demographic components, personality components, financial sociability, financial knowledge, financial behavior, self-efficacy, financial factors, cultural factors and economic factors are among the most important factors affecting the financial health of people. The factors paid the necessary attention.

کلیدواژه ها:

Financial Health ، financial status ، financial attitude ، financial well-being