Self-coping mechanism of single mothers to achieve financial security in life

Financial security from the consumer perspective is linked to the level of savings, the ability of individuals to meet an emergency, the adequacy of financial resources in retirement and the availability of income. Stress occurs when the individual is faced with a higher demand that exceeds the in...

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Main Authors:	Ahmad, Siti Yuliandi, Sabri, Mohamad Fazli, Abd Rahimc, Husniyah, Osman, Syuhaily
Format:	Article
Language:	English
Published:	International Journal of Children, Women, Elderly and Disable People 2018
Subjects:	HG179 Personal finance
Online Access:	http://irep.iium.edu.my/62232/ http://irep.iium.edu.my/62232/ http://irep.iium.edu.my/62232/1/IJCWED3_28.pdf

id	iium-62232
recordtype	eprints
spelling	iium-622322018-02-28T06:51:28Z http://irep.iium.edu.my/62232/ Self-coping mechanism of single mothers to achieve financial security in life Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahimc, Husniyah Osman, Syuhaily HG179 Personal finance Financial security from the consumer perspective is linked to the level of savings, the ability of individuals to meet an emergency, the adequacy of financial resources in retirement and the availability of income. Stress occurs when the individual is faced with a higher demand that exceeds the individual financial resources. The stressor event such as loss of spouse, divorce, disability of spouse also might lead to the financial strains. Thus, from health and psychological aspect of self-coping mechanism, it is how the individual’s effort to manage financial strains. This study focused on the self-coping mechanism of single mothers and their contingency strategies to achieve financial security. The relationship between selfcoping mechanisms and financial security provide better understanding on cognitive, financial and behavior of single mothers. The significant positive relationship between self-coping mechanisms and financial security indicated that selfcoping mechanisms are compensatory coping in which individuals adopt a problem-focused approach in facing stressor events. The academic research, especially consumer science researchers and non-profit organization could incorporate these elements of social support to encourage positive self-coping mechanism among single mother in order to achieve better financial security. International Journal of Children, Women, Elderly and Disable People 2018-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62232/1/IJCWED3_28.pdf Ahmad, Siti Yuliandi and Sabri, Mohamad Fazli and Abd Rahimc, Husniyah and Osman, Syuhaily (2018) Self-coping mechanism of single mothers to achieve financial security in life. International Journal for Studies on Children, Women, Elderly And Disabled,, 3. pp. 91-102. ISSN 0128-309X http://www.ijcwed.com/wp-content/uploads/2017/11/IJCWED3_28.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG179 Personal finance
spellingShingle	HG179 Personal finance Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahimc, Husniyah Osman, Syuhaily Self-coping mechanism of single mothers to achieve financial security in life
description	Financial security from the consumer perspective is linked to the level of savings, the ability of individuals to meet an emergency, the adequacy of financial resources in retirement and the availability of income. Stress occurs when the individual is faced with a higher demand that exceeds the individual financial resources. The stressor event such as loss of spouse, divorce, disability of spouse also might lead to the financial strains. Thus, from health and psychological aspect of self-coping mechanism, it is how the individual’s effort to manage financial strains. This study focused on the self-coping mechanism of single mothers and their contingency strategies to achieve financial security. The relationship between selfcoping mechanisms and financial security provide better understanding on cognitive, financial and behavior of single mothers. The significant positive relationship between self-coping mechanisms and financial security indicated that selfcoping mechanisms are compensatory coping in which individuals adopt a problem-focused approach in facing stressor events. The academic research, especially consumer science researchers and non-profit organization could incorporate these elements of social support to encourage positive self-coping mechanism among single mother in order to achieve better financial security.
format	Article
author	Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahimc, Husniyah Osman, Syuhaily
author_facet	Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahimc, Husniyah Osman, Syuhaily
author_sort	Ahmad, Siti Yuliandi
title	Self-coping mechanism of single mothers to achieve financial security in life
title_short	Self-coping mechanism of single mothers to achieve financial security in life
title_full	Self-coping mechanism of single mothers to achieve financial security in life
title_fullStr	Self-coping mechanism of single mothers to achieve financial security in life
title_full_unstemmed	Self-coping mechanism of single mothers to achieve financial security in life
title_sort	self-coping mechanism of single mothers to achieve financial security in life
publisher	International Journal of Children, Women, Elderly and Disable People
publishDate	2018
url	http://irep.iium.edu.my/62232/ http://irep.iium.edu.my/62232/ http://irep.iium.edu.my/62232/1/IJCWED3_28.pdf
first_indexed	2023-09-18T21:28:14Z
last_indexed	2023-09-18T21:28:14Z
_version_	1777412335686647808

Self-coping mechanism of single mothers to achieve financial security in life

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