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This study explores how psychological traits such as internal locus of control and cognitive flexibility relate to well-being and political orientation among young Finnish adults. Drawing on data from 136 participants, we examined how value alignment, perceived ideological distance, and openness to diverse groups intersect with political identity. Contrary to common assumptions, more conservative participants showed greater openness to differing political views, lower value distance, and higher internal control. These traits, in turn, were positively associated with subjective well-being. Regression models confirmed internal locus of control and cognitive flexibility as key predictors of well-being, while political orientation was linked to both openness and perceived distance from ideological outgroups. These findings challenge simplistic associations between political orientation and rigidity, suggesting that ideological openness and psychological resilience may align differently across generational or cultural contexts. Rather than mapping cleanly onto left–right divisions, political identity appears embedded within broader patterns of agency, tolerance, and psychological strength.