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 to financial well-being is paramount. This study investigated the predictive roles of spiritual intelligence and resilience in determining financial well-being among Nigerians. A total of 518 participants were selected using systematic sampling technique. This study adopted a predictive survey design and participants were drawn from a part of Anambra state including males and females who were financially independent, and ranged from 25-60 years. Data was collected using a financial well-being scale (Garman et al., 2004), a spiritual intelligence selfreport questionnaire (King, 2008), and a brief resilience Scale (Smith et al., 2008). The study employed multiple linear regression as the statistics, and the findings revealed that spiritual intelligence significantly predicted financial well-being β= .103, p=.023. Likewise, resilience significantly predicted financial well-being β=.092, p=.043. The results suggest that individuals with high spiritual intelligence and resilience are better equipped to navigate financial challenges and achieve financial stability. The study recommended that organizations should integrate spiritual intelligence and resilience building programs into financial literacy initiatives to foster financial well-being.