Abstract
Financial mindfulness is an emerging concept in personal finance that promotes a transformative mindset to encourage rational decision-making and mitigate emotional biases. This study explores the evolution of research on financial mindfulness through a systematic literature review and bibliometric analysis of 58 relevant articles. The bibliometric analysis reveals the developmental trajectory of this literature, identifying notable authors, journals, countries involved, and international collaborations. Financial mindfulness originated from integrating finance with mindfulness principles, building on earlier concepts like money attitudes and behavioural finance. The study highlights the interdisciplinary nature of financial mindfulness, with significant contributions from finance, economics, and psychology. This research is novel in that it is the first attempt to systematically analyse the literature on financial mindfulness in this comprehensive manner. It establishes a foundational understanding for future researchers in the field, mapping out the existing landscape and highlighting the interdisciplinary collaboration that characterizes this area of study. By charting the developmental path and identifying key contributors and trends, this research sets the stage for continued exploration and a deeper understanding of financial mindfulness. Ultimately, it encourages further interdisciplinary research and practical applications in personal finance management, ensuring that future studies build on a robust framework of existing knowledge. This research not only explores past developments but also provides a clear direction for future inquiries and innovations in the field.
Keywords: Bibliometric Analysis, Financial Mindfulness, Mindful Finance, Personal Finance, Systematic Literature Review.