Financial decision-making and self-awareness for financial decision-making is associated with white matter integrity in older adults.

ABSTRACT: Financial decision-making (FDM) and awareness of the integrity of one's FDM abilities (or financial awareness) are both critical for preventing financial mistakes. We examined the white matter correlates of these constructs and hypothesized that the tracts connecting the temporal-frontal regions would be most strongly correlated with both FDM and financial awareness. Overall, 49 healthy older adults were included in the FDM analysis and 44 in the financial awareness analyses. The Objective Financial Competency Assessment Inventory was used to measure FDM. Financial awareness was measured by integrating metacognitive ratings into this inventory and was calculated as the degree of overconfidence or underconfidence. Diffusion tensor imaging data were processed with Tracts Constrained by Under

SUBMITTER: Sunderaraman P 

PROVIDER: S-EPMC8886641 | biostudies-literature | 2022 Apr

REPOSITORIES: biostudies-literature