UPSI Digital Repository (UDRep)
|
|
|
Abstract : Universiti Pendidikan Sultan Idris |
This study determines the level of financial well-being and marital satisfaction of young married couples in Malaysia and examines the effect of financial well-being on marital satisfaction. This study employed a quantitative approach. Data were collected from a sample of 250 young married individuals, aged 20 to 40 years old with a marriage age of 1 to 10 years, using a self-administered questionnaire. Data were analyzed using descriptive analysis and Simple Linear Regression. The findings reveal a significant positive effect of financial well-being on marital satisfaction. In conclusion, a favourable perception of financial wellbeing among young married individuals is more likely to increase their marital satisfaction. Thus, the findings propose guidance to tackle financial problems and provide fresh insights to the relevant parties in exploring the plausible solution to overcome financial and divorce problems among young married couples and promote family harmonization 2023, World Scientific and Engineering Academy and Society. All rights reserved. |
References |
TheStar, "Malaysian Family: ‘Key Happiness Outcome’ introduced to monitor the satisfaction of people, says PM," TheStar. [Online]. Available: https://www.thestar.com.my/news/nation/2021/10/02/malaysian-family-key-happinessoutcome-introduced-to-monitor-satisfactionof-people-says-pm Department of Statistics Malaysia, "Marriage and Divorce Statistics, Malaysia 2018." [Online]. Available: https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=453&bul_id=ZFAzVjE1Ny93VlZXenloWXJBQmYyUT09&menu_id=L0pheU43NWJwRWVSZklWdzQ4TlhUUT09 L. Zakariyah and S. N. Sapardi @ Saparti, "High rate divorce among Muslims in Malaysia: a study of legal reconciliation and Islamic matrimonial dispute remedy," presented at the International Conference on Religion, Culture and Governance in the Contemporary World (ICRCG 2018), Kuala Lumpur, 3rd-4th October 2018, 2018. F. Fahimdanesh, A. Noferesti, and K. Tavakol, "Self-Compassion and Forgiveness: Major Predictors of Marital Satisfaction in Young Couples," The American Journal of Family Therapy, vol. 48, no. 3, p.221-234, 2020/05/26 2020, DOI: 10.1080/01926187.2019.1708832. A. Yeo, "Strengthening Family Ties Could Help to Reduce the Divorce Rate," BERNAMA Thoughts. [Online]. Available: https://www.bernama.com/en/thoughts/news.php?id=2015708 B. N. Jay, "Financial issues biggest cause of divorce in Malaysia," in New Straits Times, ed. Kuala Lumpur: New Straits Times Press (M) Bhd, May 25, 2019. A. R. Ridzuan, S. N. S. Alam, A. R. Ridzuan, N. M. Nazri, M. H. T. Abdullah, and I. Ismail, "Factors of Disapproving of Early Marriage in Malaysia," International Journal of Academic Research in Business and Social Sciences, Vol. 8, No.10, p.915-926, 2018. F. A. Ismail, S. K. AbManan, R. Saidon, N. H. Sahari, A. AbdAziz, and N. Jaapar, "Sustaining The Well-Being of Family With Working Spouse: Income Sharing Dimension," Journal of Contemporary Islamic Studies, Vol.4, No.1, p.1-16, 2018. J. P. Sawai, R. Juhari, R. Kahar, Z. Ismail, and R. P. Sawai, "Financial strain, financial management practices, marital satisfaction and marital stability among newlyweds," Management and Accounting Review, 2018. B. C. Kerkmann, T. R. Lee, J. M. Lown, and S. M. Allgood, "Financial management, financial problems and marital satisfaction among recently married university students," Journal of Financial Counseling and Planning, Vol. 11, No.2, p.55, 2000. A. Y. M. Shakir, D. A. Aziz, and S. Carmergam, "Financial well-being, mindfulness and marital duration as predictors of relationship satisfaction among married couples in Malaysia," Polish Psychological Bulletin, p.322-326-322-326, 2021. A. P. Nanda and R. Banerjee, "Consumer’s subjective financial well-being: A systematic review and research agenda," International Journal of Consumer Studies, Vol. 45, No.4, p.750-776, 2021. J. E. Grable, S. Britt, and J. Cantrell, "An exploratory study of the role financial satisfaction has on the thought of subsequent divorce," Family and Consumer Sciences Research Journal, Vol. 36, No.2, p.130-150, 2007. K. L. Archuleta, "Couples, money, and expectations: Negotiating financial management roles to increase relationship satisfaction," Marriage & Family Review, Vol. 49, No. 5, p.391-411, 2013. J. Yeo and Y. G. Lee, "Understanding the Association Between Perceived Financial Well-Being and Life Satisfaction Among Older Adults: Does Social Capital Play a Role?," Journal of Family and Economic Issues, Vol. 40, No.4, p.592-608, 2019/12/012019, DOI: 10.1007/s10834-019-09634-2. W. M. K. Trochim, "Research Methods Knowledge Base." [Online]. Available: http://www.socialresearchmethods.net/kb/index.php J. F. Hair, W. C. Black, B. J. Babin, and R. E. Anderson, Multivariate Data Analysis: A global perspective, 7th edition ed. Upper Saddle River, New Jersey: Pearson Education Inc., 2010. S. Chan, S. Omar, and W. Yong, "Financial well-being among Malaysian manufacturing employees," Management Science Letters, Vol. 8, No.6, p.691-698, 2018. M. J. Sirgy, G. B. Yu, D.-J. Lee, and M. Bosnjak, "The effect of shopping satisfaction during leisure travel on satisfaction with life overall: The mitigating role of financial concerns," Journal of Travel Research, Vol.60, No.3, p.639-655, 2021, DOI:https://doi.org/10.1177/0047287520933688. C. Strömbäck, T. Lind, K. Skagerlund, D. Västfjäll, and G. Tinghög, "Does self-control predict financial behavior and financial wellbeing?," Journal of Behavioral and Experimental Finance, Vol. 14, Issue: June 2017, p.30-38, 2017. The Credit Counselling and Debt Management Agency (AKPK), Financial Behaviour And State of Financial Well-Being of Malaysian Working Adults (AKPK Financial Behaviour Survey 2018). Kuala Lumpur: Agensi Kaunseling dan Pengurusan Kredit, 2018. B. J. Fowers and D. H. Olson, "ENRICH Marital Satisfaction Scale: A brief research and clinical tool," Journal of Family Psychology, Vol. 7, No. 2, p.176, 1993. M. Saunders, P. Lewis, and A. Thornhill, Research methods for business students, 5th edition ed. Essex: Pearson Education Limited, 2009. G. Darusalam and S. Hussin, Metodologi penyelidikan dalam pendidikan (Research Methodology in Education). Kuala Lumpur: Universiti Malaya, 2016. Z. Zainol, N. M. Yasin, N. A. Omar, and N. M. H. N. Hashim, "Determining the Key Factors of Customer-Brand Relationship Investments’ Dimensions: Insights from Malaysian Mobile Phone User," Journal of Relationship Marketing, Vol. 13, No.4, p. 1-25, 2014, DOI: 10.1080/15332667.2014.965649. J. Pallant, SPSS survival manual: a step guide to data analysis using SPSS 6th edition. Australia: Publish Allen & Unwin, 2015. U. Sekaran and R. Bougie, Research Methods for Business: A Skill Building Approach, 5th edition ed. West Sussex, UK: John Wiley & Sons Ltd, 2009, p.468. A. Bhattacherjee, Social Science Research: Principles, Methods, And Practices, 2nd edition ed. (The Global Text Project ). Zurich, Switzerland: Creative Commons Attribution, 2012. G. D. Garson, Testing Statistical Assumptions (Blue Book Series). Asheboro, NC USA: Statistical Associates Publishing, 2012, p.53. S. Gao, P. L. Mokhtarian, and R. A. Johnston, "Nonnormality of data in structural equation models," Transportation Research Record: Journal of the Transportation Research Board, Vol. 2082, No.1, p.116-124, 2008. |
This material may be protected under Copyright Act which governs the making of photocopies or reproductions of copyrighted materials. You may use the digitized material for private study, scholarship, or research. |