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Financial strain and life satisfaction in Hong Kong elderly Chinese
 — moderating effect of life management strategies including selection, optimization, and compensation
Author(s)K-L Chou, I Chi
Journal titleAging & Mental Health, vol 6, no 2, May 2002
Pagespp 172-177
Sourcehttp://www.tandfonline.com
KeywordsChinese people ; Poverty ; Stress ; Life satisfaction ; Attitude ; Hong Kong.
AnnotationFor many Hong Kong Chinese older people, financial strain is quite a common occurrence. This study examines the moderating effect of life management strategies, including selection, optimisation and compensation in the relationship between financial strain on life satisfaction. Data come form a survey of a representative community sample of 421 respondents aged 60+ in Hong Kong. Using multiple regression analysis, the authors found that selection and optimisation of life management strategies moderated the linkage between financial strain and life satisfaction, even after controlling socio-demographic variables, but sense of control over finances did not. Findings suggest that life management strategies should be enhanced to protect older people under chaotic financial strain from low levels of life satisfaction. (RH).
Accession NumberCPA-020613213 A
ClassmarkTKL: W6: QNH: F:5HH: DP: 7DR

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