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Influence of Self Control on Financial Behaviour and Financial Well-Being Mediated by Optimism

Fowzia Noor Mengal et al.

Asian Journal of Business and Accounting2026https://doi.org/10.22452/ajba.vol18no2.6article
ABDC C
Weight
0.50

What the paper says

Abstract Manuscript type: Research paper Research aims: This study aims to explore the influence of self-control on financial behaviour and financial well-being. Additionally, it examines the mediating role of optimism in these relationships. Design/Methodology/Approach: The research adopts a quantitative, cross-sectional design. The target population comprises the general public residing in Balochistan. Convenience sampling was employed due to the absence of a sampling frame. The structured questionnaire using a variance-based structural equation modeling (SEM) through the Smart PLS software. Research findings: The results indicate a positive relationship between self-control and financial behaviour and financial security, while selfcontrol negatively correlates with financial anxiety. Furthermore, optimism is an effective mediator between self-control and financial behaviour as well as between self-control and financial anxiety. However, optimism does not significantly impact financial security. Theoretical contribution/Originality: This study contributes to behavioural finance literature by providing a nuanced understanding of how self-control and optimism interact to influence financial behaviour and financial well-being. It adds to the theoretical framework by highlighting the mediating role of optimism in these relationships. Practitioner/Policy implications: The financial educators, policymakers, and practitioners may leverage the understanding of self-control and optimism to design educational programmes and interventions that enhance individuals’ financial behaviours and mitigate financial anxiety. Research limitation: The cross-sectional design limits the ability to assess causality and long-term effects. Future research should consider longitudinal studies to better understand the enduring impacts of selfcontrol and optimism on financial behaviour and well-being.

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https://doi.org/https://doi.org/10.22452/ajba.vol18no2.6

Or copy a formatted citation

@article{fowzia2026,
  title        = {{Influence of Self Control on Financial Behaviour and Financial Well-Being Mediated by Optimism}},
  author       = {Fowzia Noor Mengal et al.},
  journal      = {Asian Journal of Business and Accounting},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.22452/ajba.vol18no2.6},
}

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Influence of Self Control on Financial Behaviour and Financial Well-Being Mediated by Optimism

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.