A STUDY OF FINANCIAL COPING SCALE OF EMPLOYED HOUSEWIVES IN AHMADU BELLO UNIVERSITY, ZARIA UNDER AUSTERE CONDITIONS

A STUDY OF FINANCIAL COPING SCALE OF EMPLOYED HOUSEWIVES IN AHMADU BELLO UNIVERSITY, ZARIA UNDER AUSTERE CONDITIONS

ABSTRACT

This study was concerned with the financial management practices of employed housewives in Ahmadu Bello University, Zaria in this period of austerity. Data was collected from one hundred and f i f t y – s ix (156) home makers who were drawn from the various quarters of the main Campus. The s t a t i s t i c al analysis used included contingency table analysis and chi-square. The variables in the study included biodata of the respondents. in addition a three point scale made up of twenty-five statements relating to financial management practices was drawn. The respondents were asked to indicate whether they agreed, disagreed or undecided with each statement. The following hypothesis were tested. Hypothesis 1s The income of the housewives employed by Ahmadu Bello Universityf Zaria, was inadequate. This hypothesis was maintained because the result was that more than half (67.3%) of the respondents expressed inadequacy of income Hypothesis 2: Most of the income of these housewives was spent on providing goods and services for the family. This ix statement was true because of the result which corresponded with i t # Eighty-eight out of the one hundred and f i f t y – six (56.4%) of the housewives jointly provided goods and services for the family while seventeen (10.9%) respondents managed the families alonev Hypothesis 3: The larger the family the greater are its requirement of other goods especially food, and the l e s s income available for other things. Thus hypothesis proved otherwise because the result showed that adequacy of income did not depend on family size. This could be explained by the fact that most of the respondents (67.3%), laid claim to the fact that the income was inadequate. Hypothesis 4: Housewives employed by Ahmadu Bello University, spend their income without proper financial planning. This hypothesis was rejected since most of the respondents (90.4%) agreed that budgetting, effective shopping and accomplishing the household a c t i v i t i e s personally are important factors in financial management which may mean that respondents did apply these practives in managing finances. Fidings of the study revealed that most of the homemakers (66.6%) were between the ages of 31-40) and mothed

TABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

A STUDY OF FINANCIAL COPING SCALE OF EMPLOYED HOUSEWIVES IN AHMADU BELLO UNIVERSITY, ZARIA UNDER AUSTERE CONDITIONS

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