Sorumlu finansal davranış aracılığıyla finansal tatmin

The purpose of this study is to explore the relationships between Responsible Financial Behavior, Religious Orientation, and Financial Literacy with Financial Satisfaction. Moreover, it aims to investigate the impacts of Religious Orientation and Financial Literacy on Financial Satisfaction through Responsible Financial Behavior. Non-parametric tests were applied to observe the variances in demographic variables and to discover whether the associated population means are significantly different. Besides, Structural Equation Modelling (SEM) was employed to analyze the paths for linear association between the main variables under the study. The results of the non-parametric tests demonstrate that there are significant differences in the Financial Satisfaction of distinct groups. SEM results indicate that Religious Orientation exerts a direct positive influence on Responsible Financial Behavior with respect to Spending and Budgeting (SB) dimension, but not with respect to Savings, Investments, and Insurance (SII) dimension of Responsible Financial Behavior. Further, the findings of the study imply a significant positive relationship between Religious Orientation and Financial Satisfaction through the mediating effect of Responsible Financial Behavior, especially regarding Spending and Budgeting (SB). Likewise, there is a significant positive association between Responsible Financial Behavior and Financial Satisfaction, which is evident in both Savings, Investments, and Insurance (SII), as well as Spending and Budgeting (SB) dimensions. However, there seems to be a significant negative relationship between Financial Literacy and Financial Satisfaction by means of the mediating role of Responsible Financial Behavior, precisely in terms of Savings, Investment, and Insurance (SII) dimension.