Diener, Ed, and Frank Fujita. “Resources, personal strivings, and subjective well-being: a nomothetic and idiographic approach.” Journal of personality and social psychology 68.5 (1995): 926.

Abstract

The covariation of resources such as money, family support, social skills, and intelligence with subjective well-being (SWB) was assessed in 195 college students. Informant ratings provided an index of resources. Self-reports, daily experience sampling, and informant reports were used to measure SWB. The authors concluded that resources taken together are moderately strong predictors of SWB. This conclusion, however, was qualified by the fact that life satisfaction was more closely related to resources than was affective well-being and that social and personal resources were in general more strongly related to SWB than were material resources. The findings also supported the hypothesis that resources correlate more strongly with SWB when they are relevant to an individual’s idiographic personal strivings. A tendency was found for people to choose personal strivings for which they have relevant resources, and the degree of congruence of individuals’ goals with resources was predictive of SWB. (PsycINFO Database Record (c) 2016 APA, all rights reserved)