The goal of this master's thesis was to explore the moderating role of self-percepted valued living in the relationship between anxiety/depressiveness and general subjective well-being and its' three components. I was also interested if self-percepted valued living and the extent to which an individual feels externally pressured to adopt values (e. g. via family, peers, media) play an important role in subjective well-being. 305 students, aged 19 to 26 (70 % women) completed an online survey which included Valuing Questionnaire that we adapted for use in Slovenia, 7-point scale of external value pressure, Mental Health Continuum – Short form, A Brief Measure for Assessing Generalized Anxiety Disorder and Patient Health Questionnaire. Results of hierarchical regression analysis showed, that valued living did not buffer the negative impact of anxious and depressive symptoms on subjective well-being. Valued living predicted higher levels of general subjective well-being and its' three components regardless of symptom severity and proved to be the strongest predictor of subjective well-being. Consistent with previous research and theoretical concepts of Acceptance and Commitment Therapy, valued living positively contributed to subjective well-being even in the presence of anxious and depressive symptoms. External value pressure negatively predicted general and social subjective well-being. A greater number of participants reported feeling externally pressured to adopt values, which could be explained by the need for social acceptance. Based on our results, it could be beneficial to include valued living interventions in activities developed for the promotion of students' mental health. This way, a bigger number of individuals could be reached, including individuals with higher anxiety and depressiveness symptom severity as well as those individuals, who don't experience these symptoms.
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