We investigate the antecedents of subjective financial well-being and general well-being during the ongoing COVID-19 pandemic. In an online survey conducted in the midst of COVID-19 pandemic with over 1000 Swedish participants we found that distrust in the government to cope with financial (but not healthcare) challenges of the pandemic was negatively related to the feeling of financial security. In a structural equation model, we also show that trust in government to deal with financial challenges of COVID-19 pandemic has a significant impact on general well-being through the mediating channel of financial well-being. In addition, trust in government to deal with healthcare challenges of COVID-19 pandemic has a significant direct impact on individuals’ general well-being. Our findings have important implications for public policy as they highlight the importance of citizens’ trust in well-functioning governmental institutions to help cope with not only healthcare, but also financial challenges of an ongoing pandemic.

我们调查了持续的 COVID-19 大流行期间主观财务福祉和总体福祉的前因。在 COVID-19 大流行期间对 1000 多名瑞典参与者进行的在线调查中，我们发现对政府应对大流行的财务（但不是医疗保健）挑战的不信任与财务安全感呈负相关。在结构方程模型中，我们还表明，对政府应对 COVID-19 大流行的财务挑战的信任通过财务福祉的中介渠道对总体福祉产生重大影响。此外，对政府应对 COVID-19 大流行的医疗保健挑战的信任对个人的总体福祉有着重大的直接影响。