Strategy For Financial Wellbeing Among Public Servants In Malaysia

This study is aimed at investigating the determinant factors of financial wellbeing among public servants in Malaysia. To achieve the said objective, three independent variables that are widely discussed in the literature were tested, namely, financial literacy, financial management and attitude towards savings. To complete the study, a total of 139 questionnaires were collected using simple random sampling. Based on regression analysis, this study found that all three determinant factors understudy had significant relationship with financial wellbeing. The findings of this study are supported by most of previous studies. This study, however, has successfully filled in the literature gap by presenting evidence of determinant factors of financial wellbeing among public servants of emerging economy that are still not well addressed in the literature. The implications of this study are also discussed.