Assessing the causal relationship among communication, money management practices, satisfaction with financial status, and satisfaction with quality of life

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dc.contributor.authorMugenda, Olive M.
dc.contributor.authorTahira K. Hira
dc.contributor.authorAlyce M. Fanslow
dc.date.accessioned2011-10-28T08:46:41Z
dc.date.available2011-10-28T08:46:41Z
dc.date.issued2011-10-28
dc.descriptionDOI 10.1007/BF00987345en_US
dc.description.abstractThe purpose of the study reported here is to assess the causal relationship among communication, money management practices, satisfaction with financial status, and quality of life. The data used were collected in 1986 through personal interviews. The sample size is 123 interviewees, and the unit of analysis is the household's money manager. Results show that the money managers who are more knowledgeable about financial matters, and those who are highly indebted, communicate more about money matters and report more money management activities. Satisfaction with financial status is caused mainly by economic factors (net worth and savings). The demographic factors that influence satisfaction with quality of life are marital status and household size. Satisfaction with quality of life is also predicted by income and satisfaction with financial status.en_US
dc.description.sponsorshipKenyatta universityen_US
dc.identifier.citationJournal of Family and Economic Issues Volume 11, Number 4 (1990), 343-360,
dc.identifier.issn1573-3475
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/1452
dc.language.isoenen_US
dc.publisherKluwer Academic Publishers-Human Sciences Press
dc.subjectCommunicationen_US
dc.subjectMoney Management
dc.subjectFinancial Status
dc.subjectQuality of Life
dc.subjectSatisfaction
dc.titleAssessing the causal relationship among communication, money management practices, satisfaction with financial status, and satisfaction with quality of lifeen_US
dc.typeArticleen_US
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