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Financial Issues and Millennials' Partnered Relationships Satisfaction
Purpose of the Study
The purpose of this study is to establish the relationship between financial issues and millennials' partnered relationships satisfaction. Furthermore, in the analysis of this topic, there are three main financial issues being discussed. These financial issues are the following: financial management, financial problem, and financial distress. These were used as the determining factors in assessing the level of satisfaction for millennials' partnered relationships.
Methodology
The quantitative method was used in this study; by carefully selecting 385 participants whose ages range from 25-36 years old. Provided that they had stayed together for at least three years, these millennial participants were randomly picked from the United States of America (USA). In the course of this study, variables including their gender, educational level, and income, were the primary focus.
Results and Conclusion
The results revealed that 90% of the selected millennials in partnered relationships, who did not adopt the policy of financial management, ended up having financial problems which eventually led them into financial distress. From the results obtained, it was concluded that in order for the millennials (in partnered relationships) to have a successful financial satisfaction, they have to and ought to know how to manage their finances well. Managing one's finances efficiently would definitely help in reducing our financial problems, which in turn might reduce financial distress, and the couples can enjoy a high level of financial satisfaction with their relationships.
