Predictors of financial well-being among B40 households in Sri Aman, Sarawak: examining the roles of financial behaviour and financial stress

This study examines the impact of financial behaviour and financial stress on the financial well-being of B40 households in Sri Aman, Sarawak. Data were collected from 350 respondents and analysed using IBM SPSS Statistics Version 26.0, including descriptive statistics, reliability analysis, and correlation analysis. The results indicate that positive financial behaviours such as saving, budgeting, spending control, and debt management are significantly associated with higher financial well-being. Conversely, financial stress shows a significant negative relationship with financial well-being. These findings emphasise the importance of strengthening financial management practices and reducing financial stress to enhance financial well-being among rural low-income households.