Suomalaislasten taloudellinen stressi ja subjektiivinen hyvinvointi covid-19 pandemian aikana

Authors

• Marja Lindberg Åbo Akademi
• Mikael Nygård Åbo Akademi
• Aino Sarkia Pelastakaa Lapset
• Mia Hakovirta Turun yliopisto
• Emily Vuorenlinna Åbo Akademi

DOI: https://doi.org/10.30668/janus.141128

Abstract

The article explores how the experiences of Finnish children regarding financial stress are related to subjective wellbeing during the second year of the COVID-19 pandemic. Financial stress is understood as a multidimensional monetary concern that affects children through both parental and broader societal economic discussions. Subjective wellbeing is examined from two different angles. Cognitive wellbeing reflects children´s satisfaction with their lives as a whole, while psychological wellbeing focuses on short-term perceived wellbeing. We use survey data collected by the Save the Children Finland organization in the spring of 2021. The results indicate that perceived financial stress is negatively associated with both cognitive and psychological wellbeing, even when controlling for socioeconomic factors and other factors based on precious research on subjective wellbeing. However, an even more negative impact was observed with the sense of insecurity experienced at school. Girls and those over 16 years of age had a higher risk of poor subjective wellbeing.