Financial well-being: Financial ratio analysis of married public sector workers in Malaysia

Zaimah Ramli, Jariah Masud, Sharifah Azizah Haron, Mumtazah Othman, Abd. Hair Awang, Sarmila Md Sum

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)1-6
Number of pages6
JournalAsian Social Science
Volume9
Issue number14 SPL
DOIs
Publication statusPublished - 11 Oct 2013

Fingerprint

Malaysia
public sector
well-being
worker
indebtedness
savings ratio
Financial ratios
Public sector
Well-being
Workers
Ratio analysis
Public Sector
savings

Keywords

  • Debt-payment ratio
  • Dual-earner families
  • Financial well-being
  • Married public sector workers
  • Objective measurement
  • Saving ratio

ASJC Scopus subject areas

  • Social Sciences(all)
  • Arts and Humanities(all)
  • Economics, Econometrics and Finance(all)

Cite this

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.

In: Asian Social Science, Vol. 9, No. 14 SPL, 11.10.2013, p. 1-6.

Research output: Contribution to journalArticle

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