The lab seeks to enhance financial and overall life well-being by advancing research, education, and outreach across various aspects of financial well-being, including literacy, capability, decision-making, and life outcomes.
Purpose
The Financial Well-being Research Lab aims to advance research in financial well-being, with the ultimate goal of improving individuals' financial health and overall life well-being. The lab investigates various aspects of financial well-being, including financial literacy, capability, socialization, decision-making, behaviors, and life outcomes, through multiple lenses such as psychological, social, economic, and health factors. By generating insights into how people make financial choices and navigate challenges, the lab aims to inform strategies that promote financial well-being and quality of life. In addition to conducting impactful research, the lab is dedicated to promoting financial well-being through education, outreach, and mentorship. Through research, teaching, and collaboration, the lab strives to empower consumers and families to make informed financial decisions and enhance their overall well-being.
