Socioeconomic and process variables influencing households' satisfaction with future plans, financial status and quality of life

dc.contributor.advisor Tahira K. Hira
dc.contributor.author Mugenda, Olive
dc.contributor.department Family Environment
dc.date 2018-08-15T13:23:35.000
dc.date.accessioned 2020-07-02T06:09:45Z
dc.date.available 2020-07-02T06:09:45Z
dc.date.copyright Fri Jan 01 00:00:00 UTC 1988
dc.date.issued 1988
dc.description.abstract <p>The major objectives of this study were to (1) identify the demographic and economic factors that influence satisfaction with quality of life, (2) study the causal relationships between communication, money management practices, satisfaction with financial status and satisfaction with quality of life, and (3) ascertain whether financial planning, and satisfaction with future plans contribute to one's satisfaction with quality of life;The data used in this study were collected in 1986 as a follow-up study of household's solvency status done in a Midwestern town in 1982. The sample consisted of 123 personal interviews. The unit of analysis was the household;Path analysis was used to analyze the relationship between exogenous and endogenous variables. Results showed that income and financial knowledge were significant predictors of financial planning. In turn, having more financial planning activities led to high satisfaction with future plans. The main determinants of satisfaction with financial status were savings and net worth. Socioeconomic factors that significantly influenced satisfaction with quality of life were age, sex, household size, marital status and income. Satisfaction with financial status and future plans were also significant predictors of satisfaction with quality of life.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/rtd/8875/
dc.identifier.articleid 9874
dc.identifier.contextkey 6344764
dc.identifier.doi https://doi.org/10.31274/rtd-180813-8875
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath rtd/8875
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/81911
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/rtd/8875/r_8909177.pdf|||Sat Jan 15 02:18:05 UTC 2022
dc.subject.disciplines Social Work
dc.subject.keywords Family environment
dc.title Socioeconomic and process variables influencing households' satisfaction with future plans, financial status and quality of life
dc.type article
dc.type.genre dissertation
dspace.entity.type Publication
thesis.degree.level dissertation
thesis.degree.name Doctor of Philosophy
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