The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone
Many literature linked poverty with income, assets, and government support activities. This study however posited that the financial behaviour of households’ is also vital in poverty reduction along with other income enhancing activities. The study therefore investigated the effect of financial beha...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Social Sciences |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311886.2022.2058679 |
| _version_ | 1828907796945436672 |
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| author | Endalkachew Kabtamu Mekonen Dagnachew Terefe Degif Minda Yirga Beyene |
| author_facet | Endalkachew Kabtamu Mekonen Dagnachew Terefe Degif Minda Yirga Beyene |
| author_sort | Endalkachew Kabtamu Mekonen |
| collection | DOAJ |
| description | Many literature linked poverty with income, assets, and government support activities. This study however posited that the financial behaviour of households’ is also vital in poverty reduction along with other income enhancing activities. The study therefore investigated the effect of financial behaviour of households’ on urban poverty status. Data were collected randomly from 253 household heads and the collected data were analyzed descriptively and empirically using the logit model. The study found that besides the increase in income, good financial behaviour of households have vital role in reducing their poverty status. Therefore, it is recommended that when the government and other stakeholders work to reduce poverty, an emphasis should also be given to improvement of households’ financial behaviour through training or synchronization of financial education into the education curriculum. Financial behaviour improvement should become the mainstream issue in poverty reduction strategies along with other mechanisms. |
| first_indexed | 2024-12-13T17:59:14Z |
| format | Article |
| id | doaj.art-64371883054845e88cf7eaa9e4a7d3d1 |
| institution | Directory Open Access Journal |
| issn | 2331-1886 |
| language | English |
| last_indexed | 2024-12-13T17:59:14Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Social Sciences |
| spelling | doaj.art-64371883054845e88cf7eaa9e4a7d3d12022-12-21T23:36:16ZengTaylor & Francis GroupCogent Social Sciences2331-18862022-12-018110.1080/23311886.2022.2058679The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage ZoneEndalkachew Kabtamu Mekonen0Dagnachew Terefe Degif1Minda Yirga Beyene2Department of Economics, Lecturer Wolkite University, EthiopiaDepartment of Sociology, Lecturer at Wolkite University, EthiopiaDepartment of Management, Lecturer at Wolkite University, EthiopiaMany literature linked poverty with income, assets, and government support activities. This study however posited that the financial behaviour of households’ is also vital in poverty reduction along with other income enhancing activities. The study therefore investigated the effect of financial behaviour of households’ on urban poverty status. Data were collected randomly from 253 household heads and the collected data were analyzed descriptively and empirically using the logit model. The study found that besides the increase in income, good financial behaviour of households have vital role in reducing their poverty status. Therefore, it is recommended that when the government and other stakeholders work to reduce poverty, an emphasis should also be given to improvement of households’ financial behaviour through training or synchronization of financial education into the education curriculum. Financial behaviour improvement should become the mainstream issue in poverty reduction strategies along with other mechanisms.https://www.tandfonline.com/doi/10.1080/23311886.2022.2058679Financial behavioururban householdsincomeurban poverty |
| spellingShingle | Endalkachew Kabtamu Mekonen Dagnachew Terefe Degif Minda Yirga Beyene The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone Cogent Social Sciences Financial behaviour urban households income urban poverty |
| title | The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone |
| title_full | The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone |
| title_fullStr | The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone |
| title_full_unstemmed | The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone |
| title_short | The effect of households financial behaviour on urban poverty status in Ethiopia: The case of Gurage Zone |
| title_sort | effect of households financial behaviour on urban poverty status in ethiopia the case of gurage zone |
| topic | Financial behaviour urban households income urban poverty |
| url | https://www.tandfonline.com/doi/10.1080/23311886.2022.2058679 |
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