The Mediating Role of Financial Anxiety in the Relationship between Coping Strategies and Marital Stress during an Economic Crisis

Document Type : Original Article

Authors

1 Psychology and Education Sciences Department, Yazd University, Yazd, Iran

2 Assistant professor of Accounting, Department of Accounting and Finance, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran.

3 Faculty of Educational and Psychology, Shahid Chamran University, Ahvaz, Iran.

10.22098/jfrs.2024.13139.1130

Abstract

Objective: Financial anxiety can affect the lives of many people, but in the literature, especially in Iran, it has not received much attention. The aim of this study was to determine the mediating role of financial anxiety in the relationship between coping strategies and marital stress.

Methods: The statistical population of the study is married people in Isfahan city. The Research method was correlation-path analysis. By convenience sampling method, 200 people were selected and completed the Financial Anxiety Questionnaire (FAQ), Coping Strategies Questionnaire (CISS) and Marital Stress Scale (MSS). Amos-24 software was used for the final evaluation of the model.

Results: Findings showed that problem-focused coping strategy and emotion-focused coping strategy indirectly affect marital stress through financial anxiety in married people. The normalized chi-square index is 1.34, the root of the mean squared error (RMSEA) is 0.04 and CFI = 0.99, TLI = 0.96, GFI = 0.99 and NFI = 0.98. Then it can be claimed that the model has a good fit.

Conclusion: Based on the results of this study, it can be said that the coping strategies that people use to deal with stressful situations, affect their financial anxiety and subsequently their marital stress.

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History

  • Receive Date: 14 June 2023
  • Revise Date: 26 August 2024
  • Accept Date: 30 August 2024

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