IDEAS home Printed from https://ideas.repec.org/a/spr/ariqol/v16y2021i4d10.1007_s11482-020-09830-5.html
   My bibliography  Save this article

Life Satisfaction in Time Orientation

Author

Listed:
  • Narang Park

    (University of Georgia)

  • Jae Min Lee

    (Minnesota State University)

  • Wookjae Heo

    (South Dakota State University)

Abstract

Time orientation influences people’s perception and evaluation of a situation. Satisfaction in the present life and the future life is likely to be affected by one’s time orientation. Using samples of 1829 middle-aged Americans, this study examined the association between individuals’ time orientation and satisfaction with life in general as well as with their financial situation. In this study, we created the future-to-current ratio to assess a person’s relative time orientation tendency between future time orientation and present time orientation. The results indicated that respondents with a higher tendency of holding future time orientation exhibited greater life satisfaction and financial satisfaction of the present. A higher tendency of holding future time orientation also predicted a higher life satisfaction and financial satisfaction of the future. The findings of the study emphasize having a future time orientation is important with regard to well-being.

Suggested Citation

  • Narang Park & Jae Min Lee & Wookjae Heo, 2021. "Life Satisfaction in Time Orientation," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(4), pages 1717-1731, August.
    • Handle: RePEc:spr:ariqol:v:16:y:2021:i:4:d:10.1007_s11482-020-09830-5
    DOI: 10.1007/s11482-020-09830-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11482-020-09830-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11482-020-09830-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bridges, Sarah & Disney, Richard, 2010. "Debt and depression," Journal of Health Economics, Elsevier, vol. 29(3), pages 388-403, May.
    2. Joyce Serido & Charles Lawry & Gu Li & Katherine Conger & Stephen Russell, 2014. "The Associations of Financial Stress and Parenting Support Factors with Alcohol Behaviors During Young Adulthood," Journal of Family and Economic Issues, Springer, vol. 35(3), pages 339-350, September.
    3. Ann Bowling & Joy Windsor, 2001. "Towards the Good Life: A Population Survey of Dimensions of Quality of Life," Journal of Happiness Studies, Springer, vol. 2(1), pages 55-82, March.
    4. Hershey, D.A. & Henkens, C.J.I.M. & van Dalen, H.P., 2010. "What drives retirement income worries in Europe? A multilevel analysis," Other publications TiSEM 4c3fd750-794a-47d2-aede-a, Tilburg University, School of Economics and Management.
    5. Easterlin, Richard A. & Sawangfa, Onnicha, 2007. "Happiness and Domain Satisfaction: Theory and Evidence," IZA Discussion Papers 2584, Institute of Labor Economics (IZA).
    6. Louis Tay & Cassondra Batz & Scott Parrigon & Lauren Kuykendall, 2017. "Debt and Subjective Well-being: The Other Side of the Income-Happiness Coin," Journal of Happiness Studies, Springer, vol. 18(3), pages 903-937, June.
    7. Jing Xiao & Chuanyi Tang & Soyeon Shim, 2009. "Acting for Happiness: Financial Behavior and Life Satisfaction of College Students," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 92(1), pages 53-68, May.
    8. Cameron McIntosh, 2001. "Report on the Construct Validity of the Temporal Satisfaction With Life Scale," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 54(1), pages 37-56, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jing Jian Xiao & Kyoung Tae Kim, 2022. "The Able Worry More? Debt Delinquency, Financial Capability, and Financial Stress," Journal of Family and Economic Issues, Springer, vol. 43(1), pages 138-152, March.
    2. Jinhee Kim & Swarn Chatterjee, 2019. "Student Loans, Health, and Life Satisfaction of US Households: Evidence from a Panel Study," Journal of Family and Economic Issues, Springer, vol. 40(1), pages 36-50, March.
    3. Dajana Barbić & Irena Palić, 2023. "Rich student, happy student: The case study of Croatia," EFZG Working Papers Series 2305, Faculty of Economics and Business, University of Zagreb.
    4. Jing Xiao & Cheng Chen & Fuzhong Chen, 2014. "Consumer Financial Capability and Financial Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(1), pages 415-432, August.
    5. Jing Jian Xiao & Chunsheng Tao, 2020. "Consumer finance/household finance: the definition and scope," China Finance Review International, Emerald Group Publishing Limited, vol. 11(1), pages 1-25, June.
    6. Tinghui Li & Junhao Zhong & Mark Xu, 2019. "Does the Credit Cycle Have an Impact on Happiness?," IJERPH, MDPI, vol. 17(1), pages 1-19, December.
    7. Ana I. Moro Egido, 2021. "Social Comparisons; the behavioural component," ThE Papers 21/04, Department of Economic Theory and Economic History of the University of Granada..
    8. Yunchao Cai & Selamah Abdullah Yusof & Ruzita Bt Mohd Amin & Mohd Nahar Mohd Arshad, 2021. "The Multi-dimensional Effect of Household Debt on Urban Individual Well-Being in Klang Valley Malaysia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(1), pages 23-44, November.
    9. Mansi Jain & Gagan Deep Sharma & Mandeep Mahendru, 2019. "Can I Sustain My Happiness? A Review, Critique and Research Agenda for Economics of Happiness," Sustainability, MDPI, vol. 11(22), pages 1-36, November.
    10. M. Joseph Sirgy, 2018. "The Psychology of Material Well-Being," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 13(2), pages 273-301, June.
    11. Piotr Bialowolski & Dorota Weziak-Bialowolska & Eileen McNeely, 2021. "The Role of Financial Fragility and Financial Control for Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(3), pages 1137-1157, June.
    12. Frank M. Magwegwe & Maurice M. MacDonald & HanNa Lim & Stuart J. Heckman, 2023. "Determinants of financial worry," Journal of Consumer Affairs, Wiley Blackwell, vol. 57(1), pages 171-221, January.
    13. Monika Baryła-Matejczuk & Viktorija Skvarciany & Andrzej Cwynar & Wiesław Poleszak & Wiktor Cwynar, 2020. "Link between Financial Management Behaviours and Quality of Relationship and Overall Life Satisfaction among Married and Cohabiting Couples: Insights from Application of Artificial Neural Networks," IJERPH, MDPI, vol. 17(4), pages 1-16, February.
    14. Andrzej Cwynar & Wiktor Cwynar & Monika Baryła-Matejczuk & Moises Betancort, 2019. "Sustainable Debt Behaviour and Well-Being of Young Adults: The Role of Parental Financial Socialisation Process," Sustainability, MDPI, vol. 11(24), pages 1-26, December.
    15. Ömer Şimşek, 2009. "Happiness Revisited: Ontological Well-Being as a Theory-Based Construct of Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 10(5), pages 505-522, October.
    16. Hu, Shu & Das, Dhiman, 2019. "Quality of life among older adults in China and India: Does productive engagement help?," Social Science & Medicine, Elsevier, vol. 229(C), pages 144-153.
    17. Sarah Brown & Pulak Ghosh & Bhuvanesh Pareek & Karl Taylor, 2017. "Financial Hardship and Saving Behaviour: Bayesian Analysis of British Panel Data," Working Papers 2017011, The University of Sheffield, Department of Economics.
    18. Wim Groot & Henriëtte van den Brink, 2003. "Sympathy and the Value of Health: The Spill-over Effects of Migraine on Household Well-being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 61(1), pages 97-120, January.
    19. Torshizian, Eilya & Mehrara, Mohsen, 2011. "The effects of Economy, Values and Health on Happiness In Iran: the case of the Kish Island," MPRA Paper 30085, University Library of Munich, Germany, revised 05 Apr 2011.
    20. Shengquan Ye, 2007. "Validation of the Temporal Satisfaction with Life Scale in a Sample of Chinese University Students," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 80(3), pages 617-628, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ariqol:v:16:y:2021:i:4:d:10.1007_s11482-020-09830-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.