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Title: :  MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.
PaperId: :  10794
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 5 Issue 5 2019
DUI:    16.0415/IJARIIE-10794
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Iyam, Mary A.University of Calabar, Calabar, Nigeria.
Bessong, Megan Oma.University of Calabar, Calabar, Nigeria.

Abstract

Vocational Education
Financial management, Family standard of living, Home, Parent.
This study investigated how families manage their finances for better standard of living among parents in Akwa-Ibom State, Nigeria. This study was carried out among 100 respondents (parents) who were selected through convenience sampling. A survey design was adopted for the study. Data was collected using a structured questionnaire with 10 items. The data analysis which was tested using Chi-square at 0.05 significance level gave the calculated Chi-square (X2) value for the hypothesis formulated to be 71.6. The critical value for the hypothesis formulated to guide the study upon which conclusions were made was 7.815 where P<0.001. Since the calculated Chi-square value of the tested hypothesis was higher than the critical value, the null hypothesis was rejected. This implied that there was a statistically significant relationship between financial management and the dependents variable (family standard of living). Based on the finding of this study, it was recommended that parents should effectievly manage their income by spending on family needs based on priority and level of earning.

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IJARIIE Iyam, Mary A., and Bessong, Megan Oma.. "MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA." International Journal Of Advance Research And Innovative Ideas In Education Volume 5 Issue 5 2019 Page 116-120
MLA Iyam, Mary A., and Bessong, Megan Oma.. "MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.." International Journal Of Advance Research And Innovative Ideas In Education 5.5(2019) : 116-120.
APA Iyam, Mary A., & Bessong, Megan Oma.. (2019). MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.. International Journal Of Advance Research And Innovative Ideas In Education, 5(5), 116-120.
Chicago Iyam, Mary A., and Bessong, Megan Oma.. "MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.." International Journal Of Advance Research And Innovative Ideas In Education 5, no. 5 (2019) : 116-120.
Oxford Iyam, Mary A., and Bessong, Megan Oma.. 'MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.', International Journal Of Advance Research And Innovative Ideas In Education, vol. 5, no. 5, 2019, p. 116-120. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/MANAGING_HOME_FINANCES_AND_FAMILY_STANDARD_OF_LIVING__THE_CASE_OF_PARENTS_IN_AKWA_IBOM_STATE__NIGERIA__ijariie10794.pdf (Accessed : ).
Harvard Iyam, Mary A., and Bessong, Megan Oma.. (2019) 'MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.', International Journal Of Advance Research And Innovative Ideas In Education, 5(5), pp. 116-120IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/MANAGING_HOME_FINANCES_AND_FAMILY_STANDARD_OF_LIVING__THE_CASE_OF_PARENTS_IN_AKWA_IBOM_STATE__NIGERIA__ijariie10794.pdf (Accessed : )
IEEE Iyam, Mary A., and Bessong, Megan Oma., "MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.," International Journal Of Advance Research And Innovative Ideas In Education, vol. 5, no. 5, pp. 116-120, Sep-Oct 2019. [Online]. Available: https://ijariie.com/AdminUploadPdf/MANAGING_HOME_FINANCES_AND_FAMILY_STANDARD_OF_LIVING__THE_CASE_OF_PARENTS_IN_AKWA_IBOM_STATE__NIGERIA__ijariie10794.pdf [Accessed : ].
Turabian Iyam, Mary A., and Bessong, Megan Oma.. "MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 5 number 5 ().
Vancouver Iyam, Mary A., and Bessong, Megan Oma.. MANAGING HOME FINANCES AND FAMILY STANDARD OF LIVING: THE CASE OF PARENTS IN AKWA-IBOM STATE, NIGERIA.. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2019 [Cited : ]; 5(5) : 116-120. Available from: https://ijariie.com/AdminUploadPdf/MANAGING_HOME_FINANCES_AND_FAMILY_STANDARD_OF_LIVING__THE_CASE_OF_PARENTS_IN_AKWA_IBOM_STATE__NIGERIA__ijariie10794.pdf
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