DIGITAL FINANCIAL KNOWLEDGE, FINANCIAL BEHAVIOR AND FINANCIAL STRESS DETERMINANTS OF FINANCIAL WELL-BEING AMONG EMPLOYEES OF PERODUA MANUFACTURING SDN BHD, RAWANG, SELANGOR

Abstract

Financial well-being is a term used to refer a state of psychological well-being in which individuals feel they have control over their current and future finances which can have a direct and indirect impact on the individual. The aim of this study was to examine the relationship between digital financial knowledge, financial behaviour, financial stress among private employees of the automotive sector of Perodua Manufacturing Sdn. Bhd. Rawang, Selangor in achieving financial well-being. The main objective of this study is to identify the relationship between digital financial knowledge, financial behaviour, financial stress on financial well-being. This study used quantitative research where questionnaires will be distributed through Google Form and 80 employees were used as respondents in conducting this study. All data is being analysed using IBM Statistical Package for Social Science (SPSS). Data analysis results include descriptive analysis, mean analysis, correlation analysis and hypothetical analysis in this study. The data obtained is used to find out what factors have a relationship with a dependent variable. The results of this study show that knowledge of digital finance has a significant and positive relationship as well as financial behaviours that have a significant and positive relationship while financial stress has a significant and negative relationship to achieve financial well-being.

Keywords : Digital Financial Knowledge, Financial Behavior, Financial Stress, And Financial Well-Being Among Employees of Perodua Manufacturing Sdn. Bhd., Rawang, Selangor.