This paper explores the theoretical perspectives of life satisfaction, focusing on Self-Efficacy Theory and Goal Setting Theory. Life satisfaction refers to an individual’s overall evaluation of their life as a whole. The paper discusses the key concepts, strengths, and criticisms of both theories, as well as their applications in various fields, including education, healthcare, and sports. Self-Efficacy Theory, developed by Bandura (1977), posits that individuals’ beliefs in their ability to perform tasks influence their motivation and behavior. The theory identifies four sources of self-efficacy: mastery experiences, vicarious experiences, social persuasion, and emotional states. Goal Setting Theory, developed by Locke and Latham (2002), emphasizes the importance of specific, challenging, and attainable goals in motivating behavior. The theory identifies five principles: clarity, challenge, effort, feedback, and task complexity. The integration of Self-Efficacy Theory and Goal Setting Theory provides valuable insights into enhancing life satisfaction. Recommendations include setting achievable goals, developing a growth mindset, seeking feedback and support, practicing self-care, setting meaningful goals, and focusing on the present moment. Understanding the theoretical perspectives of life satisfaction can inform strategies for enhancing overall well-being and life satisfaction. By applying the principles of Self-Efficacy Theory and Goal Setting Theory, individuals can increase their life satisfaction and improve their overall quality of life.

Keywords: Life Satisfaction, Self-Efficacy Theory, Goal Setting Theory, Motivation and Behaviour, Psychological Well-Being, Quality of Life.