The Effect of Shopping Satisfaction during Leisure Travel on Satisfaction with Life Overall: The Mitigating Role of Financial Concerns

Despite growing interest in leisure well-being and life satisfaction, there is still limited research concerning the role of perceived financial status on leisure travel experiences. The main objective of this preregistered research is to test the prediction that satisfaction with shopping experience during leisure travel contributes to the satisfaction hierarchy moderated by financial concerns. Through two surveys of online panel members in the United Kingdom, we found that satisfaction with shopping has a positive influence on satisfaction with leisure travel, which in turn has a positive influence on satisfaction with leisure life and life overall. We also corroborated that the shopping satisfaction–leisure travel satisfaction relationship is negatively moderated by overspending on shopping during travel, while the leisure travel satisfaction–leisure life satisfaction relationship is negatively moderated by current money management stress. Finally, expected future financial security has a direct positive influence on life satisfaction overall. Theoretical and managerial implications are discussed.