Financial Conflict Management and Marital Stability among Couples in Akwa Ibom South Senatorial District, Nigeria: Implications for Family Counselling

Grace Joseph Akpakip

Abstract

This study investigated financial conflict management and marital stability in Akwa Ibom South Senatorial District. Three hypotheses were formulated to guide the study. This study employed a correlational research design. The population for this study comprised all the 115,345 couples in Akwa Ibom South Senatorial District. The sample size for the study was 389 couples. A questionnaire titled “Financial Conflict Management and Marital Stability Questionnaire (FCMMSQ)” was used for data collection. The instrument was validated by three experts. A reliability coefficient of 0.82 was realized when the instrument was trial-tested on 30 couples from the study area who did not take part in the main study. The data collected were analysed using Pearson Product Moment Correlation. Finding of the study on hypothesis one revealed that making proper financial decision significantly relate with marital stability. Finding on hypothesis two revealed that sharing financial responsibilities between spouses significantly relate with marital stability. Findings on hypothesis three revealed that setting financial goals has a significant relationship with marital stability. Based on the findings, it was recommended that couples should sit down and outline their duties, such as bill payment, budget maintenance, grocery and clothes shopping, and so on.

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