Management of Household Budget In Relation to Erratic Utilities Changes in Ghana.

Journal Title: International Journal of Management Sciences - Year 2014, Vol 3, Issue 11

Abstract

In the wake of recent increase in utility prices across in the Ghana, this cross sectional survey conducted among 100 households in the Ga East Municipality sought to examine its effect on the utility price increases on the budgeting of households and bring to light some of their coping strategies.. Findings revealed utility price increase is a predictor of household budget. It therefore implied that the respondents in the Ga East Municipality are affected with the price increase in utilities as such adjust their budget. Again, using Pearson Product Moment correlation a relationship was depicted that household adjustment to utility price increase was positively correlated and significant with household income (p <.01). Finally, most of the households had resorted to cutting down the use of high-power consuming household equipment such as heaters, microwaves, washing machines etc. as a coping strategy.

Authors and Affiliations

Irene Akuamoah-Boateng

Keywords

Related Articles

Assessing Success of Turnaround Strategies for Distressed Companies: A Case Study of UCHUMI Supermarket Ltd. Kenya

Financial distress is a situation whereby a firm does not meet creditors’ obligations or are met with difficulties. Financial distress is evident in many companies in Kenya. It is a major concern to various stake holde...

CEOs’ Attitudes to Change, Strategic Flexibility and Organizational Performance in Greek ICT Industry

We examine the relationships between CEOs’ attitudes to change (cognitive, affective & behavioural attitudes; tolerance of ambiguity; individual readiness for organizational change), strategic flexibility and organizat...

Nepotism in Impact Employee Performance Evaluation Form with Family Business

The aim of this study is to investigate the causes performance evaluation and career obstacles as a result of nepotism suffered by people working in various places. Even in the new world order despite the fact of insti...

Maritime Students’ Satisfaction on the Services of one Training Center in the Philippines

The researchers pursued this study on the level of satisfaction of maritime students on the training and services offered by Lyceum Maritime Training Center (LMTC) because this study could contribute to the continuous...

Co-Opetition Strategy Model of Hakkanese Culture Relics Museums

Hakkanese culture relic’s museums are cultural centers of Taiwanese counties and cities but also venues for holding cultural activities. The museums collect and revitalize local cultural resources. They can act as loca...

Download PDF file
  • EP ID EP26901
  • DOI -
  • Views 244
  • Downloads 4

How To Cite

Irene Akuamoah-Boateng (2014). Management of Household Budget In Relation to Erratic Utilities Changes in Ghana.. International Journal of Management Sciences, 3(11), -. https://europub.co.uk/articles/-A-26901