Abstract:
The study aims to investigate the impact of financial literacy on financial well-
being of public sector employees in Jaffna district. For data analysis, two
hundred public sector employees in Jaffna district were selected as samples
using a cluster sampling technique, and primary data was collected through a
structured questionnaire. Financial literacy consists of three dimensions such as
financial knowledge, financial behaviour and financial attitude whereas
financial well-being is measured by individual economic behaviour, financial
awareness and financial perception. Data were analyzed using correlation and
multiple regression techniques to examine the hypotheses of this study. The
results reveal that financial literacy positively impacts the financial well-being
of public sector employees in Jaffna district. The findings recommend financial
education programs focusing primarily on enhancing financial knowledge,
behaviours and attitude to facilitate the financial well-being of public sector
employees.
