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Sheraton Uptown, Albuquerque, NM, USA
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Saturday, April 22 • 1:30pm - 3:00pm
B1C-Mediating Effect of Mindset on Coping Strategies used by Consumers Experiencing Financial Hardship during the Economic Recession in 2008

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It is well known that experiences of financial hardship are negatively related to quality of life. It is the reason why many researchers have investigated appropriate coping behaviors used during stressful situations caused by financial hardship. An important issue of coping behavior is willingness to execute coping strategies. Willingness is sturdily associated with mindset. Positive mindset leads to willingness to execute the coping behavior, but negative mindset is expected to result in helplessness in coping with a stressful situation. Mindset is expected to be a trigger for evoking an intention of coping behavior. This study has two research goals: (a) to identify the effect of coping behavior on quality of life and (b) to examine the function of mindset on coping behavior.

Speakers & Presenters
LS

Lorna Saboe-Wounded Head

Family Resource Management Field Specialist, South Dakota State University
WH

Wookjae Heo

Assistant Professor, South Dakota State University


Saturday April 22, 2017 1:30pm - 3:00pm
Ivory

Attendees (4)