Money Management for Family Stability Among the Married Part-Time Undergraduate Students of the University of Jos: Implication for Counselling

Abstract

This study" sets out with two principal objectives in mind. First, to identify the most popular model of family money management in use by the married students of the part-time programme, Institute of Education. University of Jos. Secondly, to find out the impact of the following variables, sex, counseling and non counseling exposure of students on the choice of family money management they make. A total of two hundred (200) married (fifth contact) students of the target students were built into the study sample drawn from, students registered in five academic units of the part- time programme of the University of Jos. A family money management questionnaire and on interview schedule were used as instruments for the data collection. These instruments were constructed in such a way as to enable the respondents answer the major research questions mapped out for the study. The findings show that out of the six family money management models rated in the study, only tow of them could come out as the most popular models in use by the sampled students. These include; (1) the wife‘s money for her needs model. (2) The pooled or mixed economy model, Based on these findings, a number of implications for counseling were drawn, necessitating the making of some recommendations