Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Financial Well-being of Married Workers in Malaysia

Zaimah, R., Jariah Masud, Sharifah Azizah Haron, Abdul Hair Awang, Sarmila, M.S., Azima, A.M., Suhana Saad

http://dx.doi.org/10.6007/IJARBSS/v8-i13/4821

Open access

This study aims to identify the level of financial well-being of married workers in the public sectors of Malaysia. The sample comprises of married and dual-income workers in the public sector. The unit of analysis is the individual, either the husband or the wife. A total number of 415 respondents participated in this survey. The measurement of financial well-being uses the scale of Malaysian Financial Well-Being Scale (MFWBS). The financial well-being is categorized into 3 levels; lower level is 1.0-4.0 (low), the moderate level is 5.0-6.0 (moderate), and the highest level is 7.0-10.0 (high). Research results show 40 per cent of the respondents are in the highest category of financial well-being, 49 per cent is in the moderate level of financial well-being and 11 per cent in the low level of financial well-being. Finally, the finding concludes the level of financial well-being of married, dual-income workers in the public sectors are in the moderate level.