Financial Management and Marital Conflicts among Primary School Teachers in Uganda:
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Date
2022-09
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Publisher
Kampala International University
Abstract
The study assessed the effect of financial management on marital conflicts among primary school teachers in Kansanga parish Makindye Division of Uganda. It was guided by four specific objectives, namely: to understand the link between decision-making power about money in relation to marital conflicts among married primary school teachers in Kansanga Parish, Makindye Division, to analyze the perceptions of married primary school teachers in Kansanga about expenditure of funds in the home, to assess the effect of debts on marital relationships among married primary school teachers in Kansanga Parish and to examine strategies for managing marital conflicts over financial management among married primary school teachers in Kansanga Parish Makindye Division. This research employed a cross-sectional research design to describe the variables. Family Stress Theory of Conger & Elder (1999) was adopted for the study. Questionnaire and interview guide were used as the research instruments. The study used a sample size of 98 respondents. The study revealed that married couples fighting over financial matters have been reported many times. Invariably, money and financial conflict have been cited as one of the primary factors that eventually lead to separation and divorce among couples. Findings also indicated that the spouse with higher earnings tends to have more power of decision and control in the family. This explains why men make the majority of financial decisions in the home. It also confirms how disagreements over finances have mostly influenced underlying power and control issues. It is further revealed that miss-appropriation of long-term debts have always had an adverse influence on psychological well-being, particularly for those who are less educated, approaching retirement age and married couples. Findings also showed that the legacy of husbands‟ greater economic power continues despite increases in wives‟ paid labor force participation and economic contributions. Hence, husbands are still more likely to be the primary financial decision makers than are wives. Based on the findings the study concluded that, debt can act as a corrosive agent in marriage. It causes stress in the moment and fear for the future among the married couples. The study recommends that spouses should pool all their earnings, and both have equal access to financial resources whereby spending should come from the common pool. However, this might not work for the African setting, but rather the western part of the world. Couples should divide financial functionalities in the family with a view to entrenching trust, downplaying financial mismanagement, and encouraging long-term savings and investments. The study contributed to knowledge by indicating the fact that financial matters are the major causes and sources of conflicts among married couples. Couples with less income tend to ignore each other through silence that those with high income and the level of marital conflicts tends to be quite different. Couples with more education tend to more organized while dealing with financial matters than those with less education. Therefore, it is important to understand the connection between couples with great marriages and their financial management practices and how couples can get past the challenges finances may bring into marriage.
Description
A Research Report Submitted to the College Of Humanities and Social Sciences in Partial Fulfillment of the Requirements for the Award of a Master’s Degree of Conflict Resolution and Peace Building of Kampala International University
Keywords
Financial Management, Marital Conflicts, Primary School Teachers, Kananga Parish, Makindye Division