Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh
This paper presents a study on financial wellness and quality of life (QoL) among young employees. Report by Bank Negara Malaysia revealed that non-performing loans, credit card debts and bankruptcies among young people in Malaysia have increased significantly. Young employees are facing financial p...
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| Format: | Article |
| Language: | en |
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Universiti Teknologi MARA, Shah Alam
2017
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| Online Access: | https://ir.uitm.edu.my/id/eprint/49191/1/49191.pdf https://ir.uitm.edu.my/id/eprint/49191/ https://jas.uitm.edu.my/index.php/2-uncategorised/43-special-edition-volume-14-issue-3-2017 |
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| author | Aripin, Siti Nasuha Puteh, Fadilah |
| author_facet | Aripin, Siti Nasuha Puteh, Fadilah |
| author_sort | Aripin, Siti Nasuha |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This paper presents a study on financial wellness and quality of life (QoL) among young employees. Report by Bank Negara Malaysia revealed that non-performing loans, credit card debts and bankruptcies among young people in Malaysia have increased significantly. Young employees are facing financial pressures and this has affected their QoL. This study also evaluates the relationship between financial wellness components namely financial satisfaction, financial behavior, and subjective perception and QoL. Data was collected through questionnaire to 260 among young employees in Majlis Perbandaran Klang (MPK). The findings of this study revealed that the mean levels financial wellness variables namely financial satisfaction, financial behavior and subjective perception are 5.50, 5.90 and 6.08 respectively. Meanwhile, reported mean value for QoL was 7.16. The results also depicted that financial satisfaction, r=0.29,p<0.001, financial behavior, r=0.342,p<0.001 and subjective perception, r=0.235,p<0.001) have significant relationship with QoL. Results also found that subjective perception was the most significant predictor of QoL (B=0.257 at p<0.05). Recommendation and suggestions for future research are also discussed. |
| format | Article |
| id | my.uitm.ir-49191 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2017 |
| publisher | Universiti Teknologi MARA, Shah Alam |
| record_format | eprints |
| spelling | my.uitm.ir-491912021-07-29T07:57:59Z https://ir.uitm.edu.my/id/eprint/49191/ Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh jas Aripin, Siti Nasuha Puteh, Fadilah HG Finance Financial management. Business finance. Corporation finance This paper presents a study on financial wellness and quality of life (QoL) among young employees. Report by Bank Negara Malaysia revealed that non-performing loans, credit card debts and bankruptcies among young people in Malaysia have increased significantly. Young employees are facing financial pressures and this has affected their QoL. This study also evaluates the relationship between financial wellness components namely financial satisfaction, financial behavior, and subjective perception and QoL. Data was collected through questionnaire to 260 among young employees in Majlis Perbandaran Klang (MPK). The findings of this study revealed that the mean levels financial wellness variables namely financial satisfaction, financial behavior and subjective perception are 5.50, 5.90 and 6.08 respectively. Meanwhile, reported mean value for QoL was 7.16. The results also depicted that financial satisfaction, r=0.29,p<0.001, financial behavior, r=0.342,p<0.001 and subjective perception, r=0.235,p<0.001) have significant relationship with QoL. Results also found that subjective perception was the most significant predictor of QoL (B=0.257 at p<0.05). Recommendation and suggestions for future research are also discussed. Universiti Teknologi MARA, Shah Alam 2017 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/49191/1/49191.pdf Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh. (2017) Journal of Administrative Science <https://ir.uitm.edu.my/view/publication/Journal_of_Administrative_Science/>, 14 (3). pp. 1-13. ISSN 1675-1302 https://jas.uitm.edu.my/index.php/2-uncategorised/43-special-edition-volume-14-issue-3-2017 |
| spellingShingle | HG Finance Financial management. Business finance. Corporation finance Aripin, Siti Nasuha Puteh, Fadilah Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title | Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title_full | Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title_fullStr | Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title_full_unstemmed | Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title_short | Financial wellness and quality of life among young employees / Siti Nasuha Aripin and Fadilah Puteh |
| title_sort | financial wellness and quality of life among young employees / siti nasuha aripin and fadilah puteh |
| topic | HG Finance Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/49191/1/49191.pdf https://ir.uitm.edu.my/id/eprint/49191/ https://jas.uitm.edu.my/index.php/2-uncategorised/43-special-edition-volume-14-issue-3-2017 |
| url_provider | http://ir.uitm.edu.my/ |