PREDICTIVE ROLE OF SPIRITUAL INTELLIGENCE AND RESILIENCE ON FINANCIAL WELL-BEING AMONG RESIDENTS OF ANAMBRA STATE, NIGERIA

Abstract

Amidst economic uncertainty and financial stress, unveiling the factors contributing tofinancial well-being is paramount. This study investigated the predictive roles of spiritualintelligence and resilience in determining financial well-being among Nigerians. A total of 518participants were selected using systematic sampling technique. This study adopted apredictive survey design and participants were drawn from a part of Anambra state includingmales and females who were financially independent, and ranged from 25-60 years. Data wascollected using a financial well-being scale (Garman et al., 2004), a spiritual intelligence selfreportquestionnaire (King, 2008), and a brief resilience Scale (Smith et al., 2008). The studyemployed multiple linear regression as the statistics, and the findings revealed that spiritualintelligence significantly predicted financial well-being ?= .103, p=.023. Likewise, resiliencesignificantly predicted financial well-being ?=.092, p=.043. The results suggest thatindividuals with high spiritual intelligence and resilience are better equipped to navigatefinancial challenges and achieve financial stability. The study recommended that organizationsshould integrate spiritual intelligence and resilience building programs into financial literacyinitiatives to foster financial well-being.