This paper aims to identify the factors affecting personal financial well-being of young working adults in the Colombo district, Sri Lanka. Given the increasing importance of financial stability in today’s economic landscape, this study seeks to understand how financial literacy, financial attitudes, and financial behaviors contribute to an individual's financial well-being. A quantitative research approach was adopted, utilizing a structured questionnaire to collect data from a sample of 384 young working adults derived from a convenience sampling technique in the Colombo district. The data were analyzed using multiple regression analysis to test the hypothesized relationships between the constructs. The findings of the study revealed that financial attitudes, financial literacy, and financial behavior indicate weak positive correlations with financial well-being, suggesting that im-proved attitudes, literacy, and behavior are slightly associated with improved financial well-being. Moreover, financial literacy, financial attitudes, and financial behavior have a significant positive impact on personal financial well-being. Furthermore, prudent financial behaviors, such as budgeting, saving, and responsible spending, are strongly associated with improved financial well-being. By understanding the key factors influencing financial welbeing, stakeholders can develop targeted financial education programs and create products promoting financial literacy and fostering positive financial attitudes and behaviors. Such initiatives can help young working adults in Sri Lanka achieve greater financial stability and security, ultimately contributing to the financial welbeing of future generations.
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