The Effect of Financial Well-being on Marital Satisfaction among Young Married Couples in Malaysia

Abstract

This study determines the level of financial well-being and marital satisfaction of young married couples in Malaysia and examines the effect of financial well-being on marital satisfaction. This study employed a quantitative approach. Data were collected from a sample of 250 young married individuals, aged 20 to 40 years old with a marriage age of 1 to 10 years, using a self-administered questionnaire. Data were analyzed using descriptive analysis and Simple Linear Regression. The findings reveal a significant positive effect of financial well-being on marital satisfaction. In conclusion, a favourable perception of financial wellbeing among young married individuals is more likely to increase their marital satisfaction. Thus, the findings propose guidance to tackle financial problems and provide fresh insights to the relevant parties in exploring the plausible solution to overcome financial and divorce problems among young married couples and promote family harmonization.