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 indi...

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Main Authors: Ahmad, Siti Yuliandi, Sabri, Mohamad Fazli, Abd Rahim, Husniyah, Osman, Syuhaily
Format: Article
Language:English
Published: Zes Rokman Resources 2018
Online Access:http://psasir.upm.edu.my/id/eprint/73857/
http://psasir.upm.edu.my/id/eprint/73857/1/COPING.pdf
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author Ahmad, Siti Yuliandi
Sabri, Mohamad Fazli
Abd Rahim, Husniyah
Osman, Syuhaily
author_facet Ahmad, Siti Yuliandi
Sabri, Mohamad Fazli
Abd Rahim, Husniyah
Osman, Syuhaily
author_sort Ahmad, Siti Yuliandi
building UPM Institutional Repository
collection Online Access
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.
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spelling upm-738572021-07-15T08:58:24Z http://psasir.upm.edu.my/id/eprint/73857/ Self-coping mechanism of single mothers to achieve financial security in life Ahmad, Siti Yuliandi Sabri, Mohamad Fazli Abd Rahim, Husniyah Osman, Syuhaily 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. Zes Rokman Resources 2018-01 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/73857/1/COPING.pdf Ahmad, Siti Yuliandi and Sabri, Mohamad Fazli and Abd Rahim, Husniyah and Osman, Syuhaily (2018) Self-coping mechanism of single mothers to achieve financial security in life. International Journal for Studies on Children, Women, The Elderly and Persons with Disabilities, 3. 91 - 102. ISSN 0128-309X https://www.ijcwed.com/issue/international-journal-for-studies-on-children-women-elderly-and-disabled-vol-3-january-2018/
spellingShingle Ahmad, Siti Yuliandi
Sabri, Mohamad Fazli
Abd Rahim, Husniyah
Osman, Syuhaily
Self-coping mechanism of single mothers to achieve financial security in life
title 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_short 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
url http://psasir.upm.edu.my/id/eprint/73857/
http://psasir.upm.edu.my/id/eprint/73857/
http://psasir.upm.edu.my/id/eprint/73857/1/COPING.pdf