State Officers’ Personal Financial Management and Financial Happiness: A Case Study at Electricity Generating Authority of Thailand, Ratchaprapa Dam
State Officers’ Personal Financial Management and Financial Happiness: A Case Study at Electricity Generating Authority of Thailand, Ratchaprapa Dam

Summary/Abstract: The research aims at studying personal financial management and financial happiness of the state officers at the Electricity Generating Authority of Thailand Ratchaprapa Dam We researched factors which are related to financial management and financial happiness of state officers at the Electricity Generating Authority of Thailand Ratchaprapa Dam. Those factors could be of different nature such as personal, economic and social with all of them correlating to financial management and happiness. A total of 180 questionnaires were collected.The gathered data were analyzed using frequency, percentage, average, Chi-Square, t-test, and F-test. Descriptive results revealed that most responders were male, aged between 51-60 years old, had a monthly income between 12,500-30,000 baht, and spent more than 50% of their revenue. They mostly graduated a bachelor's degree, hierarchically ranked at 7 to 12 levels of state positions, worked in a maintenance division, had 4-5 family members, migrated from other districts, and had more than 15 years of working experience. Analytical results of hypothesis testing found that: 1) personal factor is related to personal financial management, 2) economic and social factors are relevant to personal financial management, 3) the difference in personal factor has not impacted the difference in financial happiness, 4) the difference in economic and social factors have not impacted the difference in financial happiness, and 5) personal financial management is related to financial happiness.

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