Factors Influencing Financial Well-being Among Workers in Buriram Municipality
DOI:
https://doi.org/10.55164/ecbajournal.v16i3.267020Keywords:
Financial Knowledge, Financial Attitude, Financial Behavior, Financial Well-beingAbstract
Financial well-being would enable people to live a better life and retire comfortably in Thai society. Therefore, this study analyzed factors influencing financial well-being among 400 workers in Buriram Municipality. The purposive sampling path analysis was used to test the hypothesis. The result indicated that financial knowledge has a direct influence on financial attitudes and behaviors, and also has indirectly influenced financial well-being through financial attitudes and behaviors. Only financial behavior has a direct influence on the financial well-being of workers in Buriram municipality. As a result, policymakers should encourage people to become more financially knowledgeable, which will result in proper financial attitudes and behaviors that will help people attain financial well-being and a sustainable future.
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