The purpose of this study was to investigate the effects of two variable groups(socio-demographic factors and psychological factors) on money management strategies and financial satisfaction. The major findings of this study are as follows : Household income, level of education of wives, and locus of control had significant effect on the level of financial satisfaction. After the effect of socio - demographic variables and psychological variables was controlled, Especially evaluating strategy was found to be the most powerful variable in explaining financial satisfaction.