The Relationship between Financial Literacy and Employee Personal Income Management in Myanmar

This study explores the relationship between financial literacy and employee personal income management at MYTH Myanmar Legal Services Co., Ltd. Financial literacy encompassing budgeting, saving, investing, and managing debt is vital for promoting individual financial stability and workplace productivity. Using a descriptive mixed-method approach, the research examines how employees’ financial knowledge shapes their ability to manage income effectively. Findings reveal that most employees possess strong budgeting and saving habits but show limited engagement in investment and long-term financial planning. Respondents also expressed positive attitudes toward financial education, recognizing its role in improving decision-making and reducing financial stress. Moreover, enhanced financial literacy was found to contribute to higher job satisfaction and better performance. The study recommends implementing structured financial training and digital literacy programs to strengthen employees’ financial skills, build financial confidence, and support both personal and organizational well-being in Myanmar’s evolving financial environment

Financial literacy, financial skills, financial stress, budgeting.

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