This research aims to explain the relationship between financial literacy and the financial well-being of women. Several previous theories concluded that there was a gap in financial well-being between women and men. Women are less likely to successfully raise additional funds than men, and women tend to rely more on family and friends as a source of support when facing the unexpected. This research was tested using non-experimental quantitative methods through a field survey of 97 female living in Burai Village, South Sumatra. Financial well-being is measured using the CFPB Financial Well-Being Scale. The research results show that financial literacy and saving behavior simultaneously influence the financial well-being of women in the village. However, if we look specifically at saving behavior, it is stronger than the level of financial literacy in predicting women's financial well-being. The results of this research are different from previous research in that women in Burai have independence in financial well-being, and could be a gap for further research to analyze the relationship between financial literacy and financial well-being using the savings behavior mediation test.