The Relationship of Financial Worries and Psychological Distress among Psychology Students

David T. Alejandro, Tristan Mark O. Curayag, Fiona Faith Dela Cruz, Althea Gaberielle C. De Leon, Neil Yzmael P. Dusaran, Daniel V. Isip, Maric Margueritte M. Sayo, Jaskie Raselle DC. Solomon and Michael Jo S. Guballa
Additional contact information
David T. Alejandro: Bachelor of Science in Psychology (BSPsy)
Tristan Mark O. Curayag: Bachelor of Science in Psychology (BSPsy)
Fiona Faith Dela Cruz: Bachelor of Science in Psychology (BSPsy)
Althea Gaberielle C. De Leon: Bachelor of Science in Psychology (BSPsy)
Neil Yzmael P. Dusaran: Bachelor of Science in Psychology (BSPsy)
Daniel V. Isip: Bachelor of Science in Psychology (BSPsy)
Maric Margueritte M. Sayo: Bachelor of Science in Psychology (BSPsy)
Jaskie Raselle DC. Solomon: Bachelor of Science in Psychology (BSPsy)
Michael Jo S. Guballa: Bachelor of Science in Psychology (BSPsy)

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 3, 1614-1644

Abstract: This study focuses on the relationship between psychological suffering and psychological distress among National University – Baliwag psychology students. In this study, 78 college students who are enrolled in psychology programs were used as a sample, and the potential relationship between financial concerns and psychological distress was investigated. The Kessler Psychological suffering Scale (K10) is used to measure psychological distress, whereas the APR Financial Distress Scale is used to quantify financial worries. Regression analysis and correlation were employed to interpret the collected data. The findings indicated a strong correlation between psychological distress and financial concerns, particularly for female and third-year psychology students. This study also discovered that students’ psychological suffering is influenced by financial concerns, particularly those who experience depression. The results imply that in order to lessen financial worries and its detrimental effects on general psychological well-being, publicly-supported financial counseling services and public health intervention initiatives are required, with special emphasis paid to students in universities.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijriss/ ... ssue-3/1614-1644.pdf (application/pdf)
https://rsisinternational.org/journals/ijriss/arti ... psychology-students/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:3:p:1614-1644

Access Statistics for this article

International Journal of Research and Innovation in Social Science is currently edited by Dr. Nidhi Malhan

More articles in International Journal of Research and Innovation in Social Science from International Journal of Research and Innovation in Social Science (IJRISS)
Bibliographic data for series maintained by Dr. Pawan Verma ().