- PIFS stands for Psychological Inventory of Financial Scarcity, proposed by @vandijk2022
- Four-factor construct measuring Financial scarcity
- 5-point Likert-type scale ranging from 1 (very rarely) to 5 (very often)
- It has 12 questions divided in four domains:
- SoM: shortage of money, insufficient financial resources
- LoC: lack of control over one’s financial situation
- RW: responses of financial rumination and worry
- STF: short-term focus on one’s finances
