For many Hong Kong Chinese elderly, depression and financial strain are qui
te common occurrences. This study examines the impact of financial strain o
n depressive symptoms. The data came from a longitudinal study of a represe
ntative community sample of the elderly population in Hong Kong. Using mult
iple regression models, the authors found that elderly persons with higher
financial strain reported more depressive symptoms three years later, even
after controlling socio-demographic, physical health status and social supp
ort variables. In addition, financial strain influenced the depression equa
lly among men and women. The data do not show evidence of a stress-bufferin
g effect of social support on the negative consequences of financial strain
on depression. Among women, poor physical health aggravated the adverse ef
fect of financial strain on depressive symptoms. But among men, poor health
moderated the impact of financial strain on depression.