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The Influence of Financial Satisfaction, Gender, and Level of Education of Young People on Present and Future Orientation: an Analysis in the Context of the Theory of Authenticity and Singularity

Author

Listed:
  • Ivan Balabanic

    (University of Zagreb, Faculty of Croatian Studies, Department of Sociology, Zagreb, Croatia)

  • Marija Zagmester Kemfelja

    (Catholic University of Croatia, Zagreb, Croatia)

  • Marija Uzelac

    (University of Zagreb, Faculty of Economics & Business, Zagreb, Croatia)

Abstract

The article analyses the orientation towards the present and the future among two main groups: high school students and university students. Through data analysis and interpretation, the work focuses on understanding how time orientation plays a role in the theory of authenticity or singularity. Results have shown significant differences between high school students and university students, where university students exhibit a greater focus on the future, and high school students on the present. However, gender and satisfaction with financial situations were not found to be statistically significant for orientation towards the future or the present. In light of the theory of authenticity, the results suggest that time orientation and authenticity are not as closely related to gender and financial status as they are to the educational stage. We can conclude that high school students base their authenticity and singularity more on a hedonistic life centred on the present moment. The article rises questions about how different life aspects, such as educational level, can influence this dynamic and points to the need for further research.

Suggested Citation

  • Ivan Balabanic & Marija Zagmester Kemfelja & Marija Uzelac, 2023. "The Influence of Financial Satisfaction, Gender, and Level of Education of Young People on Present and Future Orientation: an Analysis in the Context of the Theory of Authenticity and Singularity," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 21(6), pages 533-546.
  • Handle: RePEc:zna:indecs:v:21:y:2023:i:6:p:533-546
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    More about this item

    Keywords

    orientation towards the present; orientation towards the future; authenticity; educational level; financial satisfaction;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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