Using Dollahite’s ABCD - XYZ Resource Management Model of Crisis or Stress as a Framework for Understanding Financial Well-being
Financial well-being is a perception of an individual’s financial situation. Mostly financial well-being is connected with personal resource management. However, hardly any investigation has been done under financial stress situation while managing resources. This reflects that, resource managemen...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | en |
| Published: |
The Brooklyn Research and Publishing Institute
2015
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/48051/1/IJHSSpublish%20%281%29.pdf http://ir.unimas.my/id/eprint/48051/ https://www.ijhssnet.com/journal/index/3041 |
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| Summary: | Financial well-being is a perception of an individual’s financial situation. Mostly financial well-being is
connected with personal resource management. However, hardly any investigation has been done under financial
stress situation while managing resources. This reflects that, resource management and stress management have
been investigated separately which bring a gap in both areas. In understanding financial well-being, there is a
need to integrate resource management and stress theory. Therefore, a model that covers both resource
management and stress theory will be used namely Dollahite’s ABCD - XYZ Resource Management Model of
Crisis or Stress. This paper studies some of the common predictor variables of financial well-being in resource
management under stress circumstances through ABCD-XYZ Resources Management Model of Crisis or Stress.
Hence, this may guide interested parties to integrate both areas in their field. |
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