Research Articles

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Browsing Research Articles by Author "Akeny, Emmanuel"

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    Managing personal debt for household investments among primary school teachers in lira city, mid-north of Uganda
    (International Journal of Management and Commerce Innovations, 2021) Akeny, Emmanuel; Mwesigwa, David
    The study sought to determine the effect of managing personal debt to household investments among primary school teachers in the central division of Lira City. The study was guided by the following objectives: 1) to determine the level of personal debt management among primary school teachers; and 3) to determine the level of household investments among primary school teachers; and to determine the effect of personal debt management to household investment among primary school teachers. It was a cross-sectional survey design constituting a study population of 168 primary school teachers serving in government-aided primary schools, and a sample size of 118 units was generated. A questionnaire was used as the data collection instrument and both descriptive statistics and inferential statistics were helpful in analysing data. The results indicate non-significant effect of debt management on household investments. Thus, personal debt management accounts for a very low effect on household investment in Lira city. It is recommended that primary school teachers be exposed to financial education for them to appreciate the consequence of contracting and managing debt to help them achieve sought after household investments. In consideration of the fact that a good number of primary school teachers have high operational expenses some of which are facilitated by debts, it is essential to rank short-term fiscal discipline so as to guarantee a future of financial freedom by streams of debt for household investments.
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    Personal cash flow and household investments: A survey among primary school teachers in Lira city, mid-north of Uganda
    (International Journal of Management and Commerce Innovations, 2021) Akeny, Emmanuel; Mwesigwa, David
    This study sought to determine the effect of personal cash flow on household investments among primary school teachers in Lira City. The study was guided by three objectives, viz.: To determine the level of personal cash flow among primary school teachers in Lira city; to examine the level of household investments among primary school teachers in Lira city; and to determine the effect of personal cash flow on household investments among primary school teachers in Lira city. A cross-sectional survey design with a purely quantitative research approach was adopted using a study population of 168 primary school teachers and a sample size of 118 units. A self-administered questionnaire was used to collect primary data while mean, standard deviation, correlations and regression were helpful in data analysis. The findings indicate a non-significant effect of cash flow on household investments. It is inferred that personal cash flow accounts for a very low effect on household investments among primary school teachers in Lira city. Consequently, primary school teachers should be exposed to financial education so that they can appreciate the significance of developing and using a financial plan to help them to achieve desired household investments which can generate more income, supplementing the salary which is their main source and it is important that among primary school teachers in Lira city prioritize short-term fiscal discipline in order to guarantee a future of financial freedom nurtured by streams of investment income from household investments.
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    Personal savings and household investments: a cohort study among primary school teachers
    (Annals of Management and Organization Research (AMOR), 2021) Akeny, Emmanuel; Mwesigwa, David
    Purpose: This study aimed to determine the relationship between personal savings and household investments among a cohort of primary school teachers in Lira city. Research methodology: The study used a cross-sectional survey design with a quantitative research approach. Data were collected from a sample of 103 respondents with the period between October 2020 and January 2021 using self-administered questionnaires. The Content Validity Index was used to establish validity, while the Cronbach's Alpha Coefficient was used to test reliability. Results: Using descriptive and inferential statistics, the results suggest that civil servants' personal financial planning is high due to personal savings. Also, the level of household investment is high and the correlation reveals that the relationship between private savings and household investment is very weak and negative. Limitations: This study focused on personal savings only, yet other constructs affect household investments. Contribution: This study's results help civil servants in Lira city and Uganda in general since personal savings are an essential factor to household investments.