Contentment (Financial)

What it measures

A three-item likert scale designed to measure the degree to which a person believes that he/she has the material things he/she wants and can afford to buy whatever else is desired.

Response format

7-point Likert (1=strongly disagree, 7=strongly agree)

Scale items

• I feel I am able to buy most of the things I want.
• I feel that I have nice things and possessions.
• I feel that I have plenty of money.

Full scale items shown. Always cite the original source when using this scale in research.

Usage notes & scoring

Internal consistency (alpha = .91) was reported in the primary study. Formal validity assessment was not reported by the original authors.

Citation

Sheldon, Kennon M., Andrew J. Elliot, Youngmee Kim, and Tim Kasser (2001), "What Is Satisfying About Satisfying Events? Testing 10 Candidate Psychological Needs," Journal of Personality and Social Psychology, 80 (2), 325-39.

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