Relations Between the Personal Financial Factors, Compulsive Purchasing and the Financial Well-Being Cover Image

Kişisel Finansal Faktörler, Kompulsif Satin Alma Ve Finansal İyi Olma Hali Arasindaki İlişkiler
Relations Between the Personal Financial Factors, Compulsive Purchasing and the Financial Well-Being

Author(s): Gökhan Özer, Ayşegül Yildirim Kutbay
Subject(s): Micro-Economics, Behaviorism, Socio-Economic Research
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Financial Well-Being; Compulsive Buying; Materialism; Hedonic Consumption; Self-Esteem; Status Consumption; Budgeting;

Summary/Abstract: The aim of the study is to define the probable effects of compulsive buying on financial well- being as well as the effects of materialism, hedonic consumption, budgeting, self-esteem, status consumption levels of the individuals on compulsive buying. The related field has been presented with lots of studies in the literature, in which the individuals‟, having high level materialism, hedonic consumption and status consumption together with low level budgeting capability and self-esteem, trend on compulsive buying has been increased but this increase has a negatively affected the financial well- being. It has been aimed with this study to test that whether these effects in Turkey show parallelism with the international literature or not. A questionnaire with 66 questions has been used during the study for data collection; feedback has been received from 266 people. According to the analyses conducted via the usage of the data, positive effect of certrality of materialism on compulsive buying has been detected whereas the other dimensions of materialism have no meaningful effect. Besides, hedonic consumption and status consumption have positive effects on compulsive buying whereas budgeting and self-esteem have negative effects on compulsive buying. On the other hand it has been detected that compulsive buying has a negative effect on current financial situation dimension of financial well-being.

  • Issue Year: 9/2018
  • Issue No: 17
  • Page Range: 73-99
  • Page Count: 27
  • Language: Turkish