• Journal of Families and Better Life
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• v.14 no.4
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• pp.175-190
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• 1996

The purpose of this study was to investigate the relationships of resource financial events coping strategies and family financial satisfaction. The data were collected from 499 housewives in Seoul. The major findings: 1. The financial events were categorized into 6 factors. The factors were named as related to 'Family' 'Health' 'Money' 'Car & durables' 'Job', 'Housing'. Among these events respondents who had exprienced housing-related event reported the highest level of financial stress. 2. The coping strategies were categorized into 4 factors: 'Delaying payment' 'Borrowing' 'Economical purchasing' 'Using Worth' The most frequently used 'Economic purchasing' strategy. 3. Various coping strategies were differently used depending on financial events. For example the housewives used 'Economical purchasing' strategy to cope with family-related events and used 'Borrowing' strategy to housing-related events. Housewives who had less income and less net-worth used ' Economic purchasi g' strategy. 4. Job-related events were negatively effect to family financial satisfaction but car & durables-related event were positively effect to family financial satisfaction. Housewive who the more income and the less age had the high satisfaction. 'Delaying payment' and 'Economical purchasing' strategies were negatively related to family financial satisfaction.

• Journal of Family Resource Management and Policy Review
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• v.3 no.1
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• pp.35-50
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• 1999

The purpose of this study is to analyze the influential degree of the family financial management ability and the financial satisfaction by objective and subjective variables, as focusing theoretical concept on the family financial management ability which will influence on the financial satisfaction. The major findings are an follows. (1) The average score of the family financial management ability of urban housewives is 3.49, that is relatively higher than those of the financial satisfaction was 2.76. (2) It showed that ability of family management ability of housewives influence on the financial satisfaction. The planning and achievable ability showed also same tendency. (3) The result of the analysis for the most influential variables for the financial satisfaction was the housewives’subjective variables.

• Journal of Families and Better Life
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• v.26 no.5
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• pp.391-403
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• 2008

The purpose of the study was to find the level of family financial management behavior of urban housewives and to discern the difference between financial stability and financial satisfaction according to change-orientation of financial management behavior among urban housewives, and thus provide the fundamental data to improve stability and financial satisfaction. The following findings emerged during the study: First, groups with higher change-oriented family financial management behaviors among housewives subjectively felt more financial satisfaction than other groups. Second, groups with above average levels of change-oriented management behavior appeared to have more stable families than groups with below average objective financial stability, emergency funds, risk provisions, debt burdens and liquid index. Third, groups with high levels of change-oriented family financial management behavior had higher financial satisfaction.

• Journal of Family Resource Management and Policy Review
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• v.1 no.2
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• pp.31-43
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• 1997

The purpose of this study was to analyze financial management and satisfaction of the elderly households using System’s Approach. 1) Financial management behavior was influenced by age, present job, husband’s job before retirement, assets, family income, living expenses, experiences of financial management. 2) Financial satisfaction was influenced by age, present job, husband’s job before retirement, assets, family income, living expenses, experiences of financial management, and assessment of family financial conditions. 3) The result of regression analysis of input variables on the throughput variable showed that age of respondent and the middle age experiences of financial management emerged as predictors of financial management. There variables accounted for 48% of variance in the financial management behavior. 4) When financial satisfaction was regressed against input and throughput variables, 55% of the total variance of the financial satisfaction was explained by financial goal and assessment of family conditions.

• Journal of Families and Better Life
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• v.10 no.2
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• pp.191-208
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• 1992

The study is focused on the perception of husbands and wives family financial security and satisfaction with quality of family life. Data was collected from the husbands and wives in Seoul. Eligibility was limited to family units with husband, wife, and at least one child. 852(Husbands:432, Wives: 420) out of 1200 respondents were finally selected as datum sources. The data was analyzed by Frequency, OneWay-ANOVA, t-test, Pearson' correlation and regression analysis. The major findings are the following: 1) In regard to the perception of family income adequacy, wives' perception was higher than husbands'. On the family financial problem, husbands had more experienced the financial problem than wives. 2) Marriage education, family income, husbands and wives education , and savings effected satisfaction with quality of family life. and husbands are more satisfaction with quality of family life than wives. 3) Determined the impact of the perception of family financial security on the satisfaction with quality of family life was 41% for wives and 33% for husbands, respectively.

• Korean Journal of Rural Living Science
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• v.6 no.2
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• pp.163-171
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• 1995

This study explored the spousal financial communication, the household financial satisfaction and their relationships among couples living in Iksan-si, Chunlabuk-do. As results of this study, the differences in financial satisfaction were significant for couples, and between full-time housewives and employed wives, but not for two groups of husbands by spouse's employment. Openness of financial communication was significantly explained by personal income ratio to total family income and conflicts of it was done by age, total family income, personal income ratio to total family income, white-color workers. Generally, financial satisfaction was significantly explained by educational level, total family income, and white-color workers.

• Journal of Family Resource Management and Policy Review
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• v.11 no.3
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• pp.123-144
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• 2007

The major purpose of this study is to find level of financial management behavior and relation factors. In addition, It is also to suggest how to overcome family financial problems on urban housewives' in the time of economic crisis and to provide the fundamental data to improve economic stability. Consequently, in the times of economic crisis, housewives' change-oriented family finance management behavior appeared to be more desirable. Through change-oriented family finance management behavior, housewives needs try to find reasonable solution to improve family cohesion and financial stability. Specially, housewives have to make use of financial information for effective financial management behavior and the financial stability of family members.

• Journal of the Korean Home Economics Association
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• v.33 no.2
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• pp.1-18
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• 1995

The purpose of the study was to examine the type of self supporting economically, and the relation with the type of self-supporting, perception of family financial security and satisfaction of family life. The data was collected from newly married housewives and major findings are as follow: 1. The type of self-support was about 50% of subjectives, the housewives of this type relatively older, higher income, and they are lower in intimacy with husband's family, perception of financial security and satisfaction of family life. 2. The type of support was 30% of them, they are relatively older, higher educated, and higher income level. They are medium in intimacy with husband's family, and satisfaction of family life, but they percept financial security very highly 3. The type of dependence was relatively younger, very high educated. they are closed with husband's family, satisfied with family life, but not in perception of financial security.

• Journal of Families and Better Life
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• v.14 no.2
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• pp.111-126
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• 1996

Debt was defined as all kinds of borrowings made by families in including credit card debt. The purpose of the study was to investigate the effects of family debt management on financial satisfaction. A model of debt management and financial satisfaction was developed based on the Deacon-Firebaugh's systems approach to family resource management and the variables comprising input throughput and output were based on the theoretical background asnd previous researches. Data were collected from 763 households' money managers residing in Seoul during Summer of 1995 and the statistical methods utilized included correlation coefficient multiple regression and path analyses. It was responded about 82% of the households had been indebted indicating the use of debt being a general way of living in this society. The results showed that financial satisfaction lowered with larger amount of monthly debt payment and with their uncertiainty regarding their capability to repay debt. The input which exerted direct effects on financial satisfaction were income asset financial expectations and family life cycle. And consumption demand on debt and easiness in extending credit had strong indirect effects on financial satisfaction via the throughput variables. The most powerful predictor of financial satisfaction via the throughput variables. The most powerful predictor of financial satisfaction was perceived difficulty in managing debt which was the instrumental output.

• Journal of Family Resource Management and Policy Review
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• v.1 no.1
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• pp.17-26
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• 1997

The purpose of this study was to investigate the effects of two variable groups(socio-demographic factors and psychological factors) on money management strategies and financial satisfaction. The major findings of this study are as follows : Household income, level of education of wives, and locus of control had significant effect on the level of financial satisfaction. After the effect of socio - demographic variables and psychological variables was controlled, Especially evaluating strategy was found to be the most powerful variable in explaining financial satisfaction.