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Structural Model of Money Management, Conflict Resolution Strategies and Marital Adjustment

Author

Listed:
  • Lídia Käfer Schünke

    (Universidade Do Vale Do Rio Dos Sinos (UNISINOS) and Member of the Center for Studies in Couples and Families (NECAF))

  • Denise Falcke

    (Universidade Do Vale Do Rio Dos Sinos (UNISINOS) and Coordinator of the Center for Studies in Family and Violence (NEFAV))

  • Clarisse Pereira Mosmann

    (Universidade Do Vale Do Rio Dos Sinos (UNISINOS) and Coordinator of the Center for Studies in Couples and Families (NECAF))

Abstract

Conjugality is affected by different issues, including the use of money. This study investigated the relationship among money management, conflict resolution strategies and marital adjustment based on a structural model. The method was quantitative, cross-sectional and explanatory, including 280 Brazilian men and women in stable cohabiting relationships who answered: Sociodemographic Questionnaire, Marital Money Management Scale, Conflict Resolution Behavior Questionnaire and Revised Dyadic Adjustment Scale. There was a direct link between money management and marital adjustment, and indirect partially mediated by conflict resolution strategies. The final structural model resulted in satisfactory adjustment index: Relative Chi-Square (x2/df) = 2.19, Comparative Fit Index = 0.944, Tucker Lewis Index = 0.922, Normed Fit Index = 0.904, and Root Mean Square Error of Approximation = 0.065, with a 90% confidence interval (0.045–0.086). The results increase the known interaction between money management and marital relations. Cohesion and financial intimacy, mediated mainly by the absence of attacking strategies, were found to reverberate in higher levels of satisfaction within the relationship.

Suggested Citation

  • Lídia Käfer Schünke & Denise Falcke & Clarisse Pereira Mosmann, 2023. "Structural Model of Money Management, Conflict Resolution Strategies and Marital Adjustment," Journal of Family and Economic Issues, Springer, vol. 44(3), pages 523-535, September.
    • Handle: RePEc:kap:jfamec:v:44:y:2023:i:3:d:10.1007_s10834-022-09851-2
    DOI: 10.1007/s10834-022-09851-2
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    References listed on IDEAS

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    1. William Black & Barry J. Babin, 2019. "Multivariate Data Analysis: Its Approach, Evolution, and Impact," Springer Books, in: Barry J. Babin & Marko Sarstedt (ed.), The Great Facilitator, pages 121-130, Springer.
    2. Ashby, Katherine J. & Burgoyne, Carole B., 2008. "Separate financial entities?: Beyond categories of money management," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 458-480, April.
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