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The financial well-being scale : Reliability, validity, and clinical correlates among childhood trauma survivors
Huang, Chak Hei Ocean Leung, Rachel Hoi Laam Sit, Ka Yan Tsui, Tsz Ying Wong, Janet Yuen-Ha Fung, Hong Wang
Huang, Chak Hei Ocean
Leung, Rachel Hoi Laam
Sit, Ka Yan
Tsui, Tsz Ying
Wong, Janet Yuen-Ha
Fung, Hong Wang
Abstract
Purpose
This study examined the reliability, validity, and clinical correlates of the financial well-being as measured using the CFPB Financial Well-Being Scale (FWBS) among Chinese childhood trauma survivors.
Methods
The sample consisted of childhood trauma survivors in a survey project (n = 151), with a subsample at follow-up approximately 5 months after baseline (n = 71). Participants first completed validated screening measures of financial well-being and mental health symptoms at baseline (T1), and then reported their symptoms again at follow-up (T2).
Results
Financial well-being is reliably and validly measured using the FWBS in this sample. T1 financial well-being significantly predicted disturbances in self-organization (β = −.238, p = .01) and depressive symptoms (β = −.239, p < .01) at T2.
Discussion
Financial well-being is a reliable and valid construct in this sample. Financial well-being predicted psychological symptoms among childhood trauma survivors. Trauma care services should take financial well-being into consideration.
Keywords
financial well-being, childhood trauma, depression, posttraumatic stress disorder (PTSD), complex PTSD
Date
2025
Type
Journal article
Journal
Research on Social Work Practice
Book
Volume
Issue
Page Range
1-8
Article Number
ACU Department
School of Behavioural and Health Sciences
Faculty of Health Sciences
Faculty of Health Sciences
Relation URI
Source URL
Event URL
Open Access Status
License
All rights reserved
File Access
Controlled