Financial well-being: financial ratio analysis of married public sector workers in Malaysia
The purpose of this study is to explore the usefulness of two family financial ratio guidelines in assessing the financial well-being of married public sector workers in Malaysia. The ratios examined were savings and debt-payment. Data on 415 workers were gathered from the Financial Well-being of...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Canadian Center of Science and Education
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28197/1/28197.pdf |
| _version_ | 1796971282060804096 |
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| author | Ramli, Zaimah Masud, Jariah Haron, Sharifah Azizah Othman, Mumtazah Awang, Abd Hair Md Sum, Sarmila |
| author_facet | Ramli, Zaimah Masud, Jariah Haron, Sharifah Azizah Othman, Mumtazah Awang, Abd Hair Md Sum, Sarmila |
| author_sort | Ramli, Zaimah |
| collection | UPM |
| description | The purpose of this study is to explore the usefulness of two family financial ratio guidelines in assessing the
financial well-being of married public sector workers
in Malaysia. The ratios examined were savings and debt-payment. Data on 415 workers were gathered from the Financial Well-being of Workers of Dual-earner Family survey report in 2008. The findings showed most of the workers had a savings ratio of less than 10 percent. Meanwhile, more than half of the workers had debt-payments ratio of more than or equal to 20 percent. In addition, the workers fall into four categories, namely are A, B, C and D, of which level A is the best and level D the worst. Typically, most of the workers are in level D (42.2%) and level B (30.1%). In summary, the study revealed that the culture of saving among the workers was still at the unsatisfactorily level. |
| first_indexed | 2024-03-06T08:10:39Z |
| format | Article |
| id | upm.eprints-28197 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:10:39Z |
| publishDate | 2013 |
| publisher | Canadian Center of Science and Education |
| record_format | dspace |
| spelling | upm.eprints-281972017-10-23T02:56:42Z http://psasir.upm.edu.my/id/eprint/28197/ Financial well-being: financial ratio analysis of married public sector workers in Malaysia Ramli, Zaimah Masud, Jariah Haron, Sharifah Azizah Othman, Mumtazah Awang, Abd Hair Md Sum, Sarmila The purpose of this study is to explore the usefulness of two family financial ratio guidelines in assessing the financial well-being of married public sector workers in Malaysia. The ratios examined were savings and debt-payment. Data on 415 workers were gathered from the Financial Well-being of Workers of Dual-earner Family survey report in 2008. The findings showed most of the workers had a savings ratio of less than 10 percent. Meanwhile, more than half of the workers had debt-payments ratio of more than or equal to 20 percent. In addition, the workers fall into four categories, namely are A, B, C and D, of which level A is the best and level D the worst. Typically, most of the workers are in level D (42.2%) and level B (30.1%). In summary, the study revealed that the culture of saving among the workers was still at the unsatisfactorily level. Canadian Center of Science and Education 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28197/1/28197.pdf Ramli, Zaimah and Masud, Jariah and Haron, Sharifah Azizah and Othman, Mumtazah and Awang, Abd Hair and Md Sum, Sarmila (2013) Financial well-being: financial ratio analysis of married public sector workers in Malaysia. Asian Social Science, 9 (14). pp. 1-6. ISSN 1911-2017; ESSN: 1911-2025 http://ccsenet.org/journal/index.php/ass/article/view/31178 10.5539/ass.v9n14p1 |
| spellingShingle | Ramli, Zaimah Masud, Jariah Haron, Sharifah Azizah Othman, Mumtazah Awang, Abd Hair Md Sum, Sarmila Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title | Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title_full | Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title_fullStr | Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title_full_unstemmed | Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title_short | Financial well-being: financial ratio analysis of married public sector workers in Malaysia |
| title_sort | financial well being financial ratio analysis of married public sector workers in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/28197/1/28197.pdf |
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