Financial literacy boosts financial well-being by 65.6% among government employees.
Financial literacy plays a crucial role in improving financial well-being. A study examined how financial attitude and knowledge impact financial well-being among government employees. The researchers used data analysis techniques to find that financial attitude and knowledge together influence financial well-being by 65.6%. This suggests that by enhancing financial planning, management, and control, employees can maintain and enhance their financial well-being. This study sheds light on the importance of financial behavior in government workers.