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Community-dwelling older adults who are low-income and disabled weathering financial challenges

Samuel, Laura J. ; Wright, Rebecca ; Granbom, Marianne LU orcid ; Taylor, Janiece L. ; Hupp, Ciara ; Lavigne, Laken and Szanton, Sarah L. (2021) In Geriatric Nursing 42(4). p.901-907
Abstract

Despite interventions aiming to improve outcomes among older adults experiencing financial challenges, the challenges and strategies employed to handle them are poorly understood. This study examined the experiences of financial challenges among low-income adults aged ≥65 years. Eleven semi-structured interviews were analyzed using thematic analyses. An overarching theme was “I guess it balances”, capturing attempts to maintain hope and proactively address challenges despite stress, uncertainty and limitations. Balancing was demonstrated within four domains, including cognitive bandwidth (“think a lot” versus “I don't dwell on that”), emotional experience (“depressing” versus “be thankful”), learned resilience (“that was a shock” versus... (More)

Despite interventions aiming to improve outcomes among older adults experiencing financial challenges, the challenges and strategies employed to handle them are poorly understood. This study examined the experiences of financial challenges among low-income adults aged ≥65 years. Eleven semi-structured interviews were analyzed using thematic analyses. An overarching theme was “I guess it balances”, capturing attempts to maintain hope and proactively address challenges despite stress, uncertainty and limitations. Balancing was demonstrated within four domains, including cognitive bandwidth (“think a lot” versus “I don't dwell on that”), emotional experience (“depressing” versus “be thankful”), learned resilience (“that was a shock” versus “there's always a way”), and meeting daily needs (“we learned to do without” versus “take a dollar and stretch it”). Participants described being weathered by challenges and using predominately high-effort coping strategies to weather the challenges. These findings call for strengthening the safety net for older adults facing financial challenges.

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author
; ; ; ; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Aging, Coping, Financial strain, Income, Socioeconomic factors, Weathering
in
Geriatric Nursing
volume
42
issue
4
pages
7 pages
publisher
Mosby-Elsevier
external identifiers
  • scopus:85108088468
  • pmid:34098443
ISSN
0197-4572
DOI
10.1016/j.gerinurse.2021.04.025
project
Moving to age-in-place? Building evidence on community-based moves and home modification services as means to improve the home environment and decrease admission to skilled nursing facilities
language
English
LU publication?
yes
id
2989fa8f-56cb-4da3-9f53-2175f20c1ec7
date added to LUP
2021-08-11 12:46:45
date last changed
2024-06-15 14:05:12
@article{2989fa8f-56cb-4da3-9f53-2175f20c1ec7,
  abstract     = {{<p>Despite interventions aiming to improve outcomes among older adults experiencing financial challenges, the challenges and strategies employed to handle them are poorly understood. This study examined the experiences of financial challenges among low-income adults aged ≥65 years. Eleven semi-structured interviews were analyzed using thematic analyses. An overarching theme was “I guess it balances”, capturing attempts to maintain hope and proactively address challenges despite stress, uncertainty and limitations. Balancing was demonstrated within four domains, including cognitive bandwidth (“think a lot” versus “I don't dwell on that”), emotional experience (“depressing” versus “be thankful”), learned resilience (“that was a shock” versus “there's always a way”), and meeting daily needs (“we learned to do without” versus “take a dollar and stretch it”). Participants described being weathered by challenges and using predominately high-effort coping strategies to weather the challenges. These findings call for strengthening the safety net for older adults facing financial challenges.</p>}},
  author       = {{Samuel, Laura J. and Wright, Rebecca and Granbom, Marianne and Taylor, Janiece L. and Hupp, Ciara and Lavigne, Laken and Szanton, Sarah L.}},
  issn         = {{0197-4572}},
  keywords     = {{Aging; Coping; Financial strain; Income; Socioeconomic factors; Weathering}},
  language     = {{eng}},
  number       = {{4}},
  pages        = {{901--907}},
  publisher    = {{Mosby-Elsevier}},
  series       = {{Geriatric Nursing}},
  title        = {{Community-dwelling older adults who are low-income and disabled weathering financial challenges}},
  url          = {{http://dx.doi.org/10.1016/j.gerinurse.2021.04.025}},
  doi          = {{10.1016/j.gerinurse.2021.04.025}},
  volume       = {{42}},
  year         = {{2021}},
}