This article presents research results on the relationship between the conscious self-regulation of learning activity, personal characteristics, and life satisfaction in younger schoolchildren (N = 156, 85 girls, 71 boys, aged 10-11 years). Russian adaptation of Multidimensional Students Life Satisfaction Scale(MSLSS), Russian version of the «Big Five Questionnaire -Children (BFQ-C)» and Morosanova's Self-Regulation Profile Questionnaire -Junior was used. The focus is made on studying self-regulation and achieving educational goals in the context of the subjective well-being problem. Significant links have been revealed between the personality characteristics, regulatory features and life satisfaction indicators in three subscales: family life, school life, and self-attitude. The largest number of significant links was found for the School Life Satisfaction Subscale. Gender differences were discovered in the manifestations of self-regulation, personal characteristics, and the indicators of life satisfaction in younger schoolchildren: girls have significantly higher level of School Life Satisfaction, some regulatory processes and indicators of Agreeableness and Neuroticism. The study displays specificity of regulatory and personality characteristics of students with high and low level of School Life Satisfaction (SLS). Students with high level of SLS are characterized by a higher development of regulatory processes, selfregulation in general and those particular personality characteristics as Agreeableness, Conscientiousness, Openness.