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Financial strain, financial management practices, marital satisfaction and marital stability among newlyweds


Citation

Suardi Sawai Canon, Joki Perdani Sawai and Juhari, Rumaya and Kahar, Rojanah and Ismail, Zanariah and Sawai, Rezki Perdani (2018) Financial strain, financial management practices, marital satisfaction and marital stability among newlyweds. Management and Accounting Review, 17 (3). pp. 1-15. ISSN 2600-7975; ESSN: 2550-1895

Abstract

Money does matter especially in the family life and it affects marital satisfaction and marital stability. The purposes of this study are to examine the relationship between financial strain and financial management practices, and marital satisfaction and marital stability. 278 married individuals were involved in this study who was within 5 years of marriage. The In-Charge Financial Distress/Financial Well-Being (IFDFW) Scale, Financial Management Behavior Scale (FMBS), Kansas Marital Satisfaction Scale (KMSS) and Marital Instability Index (MII) were used for data collection. Data were analyzed using Pearson correlation. The findings showed that there was significant relationship among financial strain, financial management practices, marital satisfaction, marital stability, financial management practices and marital satisfaction. Therefore, it can be concluded that financial does play an important role in satisfaction and stability of marriage.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Human Ecology
DOI Number: https://doi.org/10.24191/mar.v17i3.785
Publisher: Accounting Research Institute (ARI), Universiti Teknologi MARA
Keywords: Financial strain; Financial management practices; Marital satisfaction; Marital stability
Depositing User: Nurul Ainie Mokhtar
Date Deposited: 01 Feb 2021 10:30
Last Modified: 01 Feb 2021 10:30
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.24191/mar.v17i3.785
URI: http://psasir.upm.edu.my/id/eprint/72756
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