Exploring the Mediating Effect of Resilience on Working Adults' Life Satisfaction in a Malaysian Metropolitan Context

Reported low levels of life satisfaction are concurrent with the rising level of environmental and social pressures in many metropolitan regions. This study considers financial literacy, health status, financial situation, public policy, and educational attainment to explore the mediating effect of resilience on life satisfaction among working adults in Kuala Lumpur, Malaysia. A self-administered questionnaire was designed and distributed to working adults aged between 20 and 39 years. A total of 384 usable questionnaires were obtained with an 85.33% response rate. Using partial least square structural equation modelling (PLS-SEM), our results provide two notable findings. First, individuals who have better financial literacy tend to make decisions by adopting a variety of financial strategies. In turn, their financial stability can lead to better life satisfaction. Second, resilience appears to partially mediate the effects of financial literacy, financial situation, health status and educational attainment on individuals’ life satisfaction. Practically, this study will help the government better equip communities for adults in the places in which they live. A more nuanced understanding of the underlying structure of the economic system should be focused on to design more enlightened policies that promote resilience.