The Research On Optimism and Financial Health

Studies show that your attitude and mindset toward money make a direct impact on your financial health. Learn more about the latest research on optimism in this discussion with positive psychology researcher Michelle Gielan and Ericka Pullin, Frost Bank’s Senior Vice President of Research and Strategy.

Read Our New Study on Optimism

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Optimists experience 145 fewer days of financial stress per year

Sure, everyone faces financial setbacks, but optimists handle them better and recover more quickly. In fact, optimists experience 145 fewer days of financial stress per year than pessimists. What’s more, our study found that optimists are 7x more likely to experience better financial health than non-optimists.

The Healthy Financial Habits of Optimists

Here are three key things optimists do to increase financial health and decrease financial stress.

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Take Our Optimism Quiz

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What kind of optimist are you?

Studies show that an optimistic outlook is critical to long-term financial health. The good news? It’s something everyone can learn. Take our quick quiz to see where you land in on the optimism scale.

FROST BANK is a leading Texas bank with a 150-year history of helping people succeed. At Frost we’ve long believed optimism is a powerful tool that turns challenges into opportunities and can be a catalyst for better physical, emotional and financial health. The research study we commissioned confirmed our beliefs and identified key insights that we intend to build upon in our ongoing efforts to make people’s lives better.

METHODOLOGY: Frost engaged TRUE Global Intelligence, the in-house research practice of FleishmanHillard, and positive psychology expert Michelle Gielan to develop and field an online survey on behalf of Frost to further explore the link between optimism and financial health, as well as the habits, attitudes and beliefs of optimists. The sample size consisted of 2,002 Americans aged 18 years and older and was fielded between Sept. 20 and Sept. 28, 2018. The survey was offered in both English and Spanish, with respondents selecting the language of their choice. One percent of the sample opted to take the survey in Spanish. The data have been weighted to reflect the U.S. adult population in terms of age, gender, region, race/ethnicity, income and employment. The margin of error is +/-2.2% and higher for subgroups. The survey assessed optimism using methodology prescribed by the Life Orientation Test and financial health using the Consumer Financial Protection Bureau Financial Well-Being Scale.