ArticleScientific reports2024
Financial assets and mental health over time.
Article in Scientific reports, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 12 papers.
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Who cites it
12 citing papers in PubMed.
- The Impact of an Economic Empowerment Intervention on Economic Security among AIDS-Orphaned Adolescents in Southern Uganda: the Moderating Role of Depression.AIDS and behavior · 2026Trial
- Medical debt and subsequent use of alternative financial services among US adults.Health affairs scholar · 2026Article
- Financial Burden in Adults With Chronic Illness in Switzerland: A Secondary Analysis of Qualitative Interviews Using Natural Language Processing and Topic Modeling.JMIR formative research · 2026Article
- Perceived Financial Strain and Adolescent Mental Health: Evidence from a Population-Based Study in South Tyrol, Italy.Children (Basel, Switzerland) · 2026Article
- Article
- A Bayesian approach for exploring the effects of household income on self-reported mental health measures during the COVID-19 pandemic.PLOS mental health · 2026Article
- Article
- Association Between Unmet Healthcare Needs and Depression in Older Adults: Evidence from the Korean National Health and Nutrition Examination Survey.Healthcare (Basel, Switzerland) · 2025Article
- Relative Poverty and Mental Illness in Adults, Children, and Adolescents in Industrialized Countries.Deutsches Arzteblatt international · 2025Review
- Economic inequality and mental health in older adults: Exploring new dimensions of economic well-being.World journal of psychiatry · 2025Review
- Understanding the Effect of Financial Behaviour on Mental Health: Evidence From Australia.Stress and health : journal of the International Society for the Investigation of Stress · 2025Article
- Deciphering the mechanism of women's mental health: a perspective of urban-rural differences.Frontiers in public health · 2025Article
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Authors and funding
5 authors.
Funding
Abstract
Financial, material, and social assets are core drivers of access to salutary resources. However, there is a paucity of research about how non-income financial assets shape mental health. We explore the relation of financial assets with symptoms of depression and of anxiety using a nationally representative, longitudinal survey of U.S. adults fielded annually from 2020 to 2023 (n = 1,296 unique participants). We used multivariable logistic regression models to estimate the association of financial assets and financial stress separately and together with symptoms of depression (PHQ-9 > 9), anxiety (GAD-7 > 9), and their co-occurrence, controlling for demographic indicators and year fixed effects. We found, first, that adults with <$5,000 in accrued financial assets reported over two times the odds of positive screen for depression, anxiety, and co-occurring depression and anxiety, respectively, as adults with ≥$100,000 in financial assets. Second, when controlling for accrued financial assets, annual household income was not associated with symptoms of anxiety. Third, the gap in positive screen for depression between household financial assets groups stayed consistent and did not differ significantly over the study period. Annual income alone does not capture the influence of all financial assets on mental health.
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