TY  - JOUR
T1  - The Impact of Neurotic Personality and Individual Traits on Personal Financial Distress: The Mediating Role of Financial Behavior
A1  - Erik Johansson
A1  - Emma Andersson
JF  - Asian Journal of Individual and Organizational Behavior
JO  - Asian J Indiv Organ Behav
SN  - 3108-4192
Y1  - 2022
VL  - 2
IS  - 1
DO  - 10.51847/LtLI0aZoBm
SP  - 134
EP  - 142
N2  - Financial distress can affect individuals across the income spectrum, impacting both low- and high-income earners. This study investigates the influence of individual characteristics and neurotic personality traits on personal financial distress, with financial behavior serving as a mediating factor. Data were collected from 600 respondents in Indonesia and analyzed using structural equation modeling with the partial least squares (PLS) approach. The findings indicate that, at a 5% significance level, neurotic personality traits significantly impact both financial behavior and personal financial distress. Individuals with higher levels of neuroticism tend to exhibit lower investment consideration, increasing their likelihood of incurring debt and experiencing financial difficulties. However, positive financial behavior can help alleviate the financial distress associated with high neuroticism.
UR  - https://apsshs.com/article/the-impact-of-neurotic-personality-and-individual-traits-on-personal-financial-distress-the-mediati-lx4l4c6c6lagbfh
ER  -