The quality of life has been extensively studied from a psychological perspective. This study aims to establish a model that explains life satisfaction and the significance of other disciplines in identifying resources that make individuals happy. A cross-sectional study was conducted with a non-probabilistic sample of 100 students to examine the relationships between factors such as life satisfaction, expected capabilities, opportunities, trust in relationships, perception of justice, environmental assessment, standards context, and perceived resources. A structural model was used to determine that the perceived availability of resources indirectly determines life satisfaction through standards context. The findings were compared with the existing literature and theoretical frameworks were discussed.