Indian Journal of Economics and Development
  • Year: 2021
  • Volume: 17
  • Issue: 2

Analysis of consumer well-being with reference to materialism and money attitude

1Assistant Professor, G.D. Goenka University, Gate No 3, G.D. Goenka Education City, Sohna Gurgaon Road, Sohna-122103 (Haryana)

*email: rimplemanchanda9@gmail.com

Online published on 22 June, 2021.

Abstract

Considering the increasing consumer demand and increasing pressure for having more and more money to fulfill that desire for consumption of material goods, the present study explored materialism and money attitude on consumer well-being. A self-administered questionnaire survey was used to collect primary data. A step-wise linear regression model was used to test materialism and money attitude on consumer well-being. Materialism negatively affected consumer well-being; dimensions of money attitude were not significantly affecting consumer well-being. Materialism and money attitude together determined the consumer well-being.

Keywords

Consumer well-being, Materialism, Money attitude.