Search results for "Matthew effect"

Materialism and the Bright and Dark Sides of the Financial Dream in Spain: The Positive Role of Money Attitudes-The Matthew Effect

2012

Research suggests that materialism leads to the dark side of the financial dream. In this study, we treat love of money as a mediator and test a theoretical model's direct path (Materialism to Financial Satisfaction) and indirect path (Materialism to Love of Money to Financial Satisfaction) simultaneously using the whole sample and across several demographic variables based on 1,011 citizens in Spain. Results for the whole sample showed that the positive indirect effect suppressed the negative direct effect creating an overall small positive effect. Furthermore, we found a significant negative direct path for rural dwellers, the 30–44-year-old age group, and married people, but a positive i…