Table 5.
Composite reliability (ω) estimates from the alternative measurement models estimated for the MSFWBS.
| CFA | Bifactor-CFA | ESEM | Bifactor-ESEM | Final Bifactor-ESEM Solution | |
|---|---|---|---|---|---|
| G-Factor | 0.977 | 0.979 | 0.979 | ||
| HM | 0.882 | 0.636 | 0.758 | 0.587 | 0.620 |
| PC | 0.871 | 0.602 | 0.774 | 0.549 | 0.554 |
| GS | 0.944 | 0.675 | 0.901 | 0.326 | 0.388 |
| MM | 0.918 | 0.592 | 0.826 | 0.745 | 0.788 |
| FF | 0.860 | 0.635 | 0.858 | 0.712 | 0.720 |
CFA, Confirmatory factor analysis; ESEM, Exploratory structural equation modeling; HM, Having money; PC, Peer Comparison; GS, General subjective financial well-being; MM, Money Management; FF, Financial Future; G-factor, Global factor from a bifactor measurement model.