Browsing by Author "Jaspher Oula Agwa"

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    Saving behaviour and financial resilience among Ugandan adults
    (Uganda Christian University, 2026-04-14) Jaspher Oula Agwa
    Financial strain remains a major challenge among Ugandan adults due as a result of income instability, health emergencies as well as the rising costs of living. This study examined the relationship between saving behaviour and financial resilience while making use of secondary data from Finscope Uganda 2023 survey. The study mainly focused on saving behaviour, level of financial resilience, and the relationship between the two. Findings revealed that 64% of Ugandan adults saved, although most relied on informal methods such as home saving, constituting to 56.2%. Saving was also found to be largely irregular, those saving occasionally with 35.9%. Financial resilience was also found to be moderate with mean of 0.52., at the same time having low resilience capabilities of only 29.4% The study further established a positive and significant relationship (r = 0.462, p <0.01) between saving behaviour and financial resilience, with regression results which confirmed that improved saving behaviour increases resilience of individuals. The study concludes that even though saving is seen to be common, its informal and irregular nature still limits its effectiveness in enhancing financial resilience. A recommendation is directed toward drive that promotes regular saving, emergency-focused saving and use of formal saving mechanisms so as to strengthen individual and household financial resilience among Ugandan adults.