“ASSESING FINANCIAL LITERACY
AMONG SENIOR HIGH SCHOOL
STUDENTS AT SINAIT NATIONAL HIGH
SCHOOL”
Researchers:
BUSTILLOS, Aliyah Loraine
BALANGATAN, Erica
CASTILLO, Jamaima
IPAC, Ericka
PACIS, Kimber Lee
PHA-IN, Shanaiah Kaye
SAJOR, Cristine Mae
SAVELLANO, Ryan John
SONIDO, Denver Jafet
Background of the Study
In the course of our daily lives, individuals apportion
their finances for different things. Managing one’s
finances effectively is a common challenge, particularly
for students. Financial literacy encompasses the
knowledge and skills required to understand and
efficiently handle various financial aspects, including
personal financial management, budgeting, and saving.
It is having the skills that help you handle your finances
well.
As emphasized by N. Schwarz, 2019. Despite the importance,
global survey indicates a widespread issue of financial literacy.
This deficiency can significantly hinder an individual’s long-
term prospect of financial success. Recognizing the potential
impact on individual’s financial success, the researchers felt the
need of assessing students’ financial literacy, specifically in
terms of saving money, spending habits, and overall financial
knowledge. In light of this, the present study aims to know the
level of financial literacy among Senior High School students at
Sinait National High School.
Goals and Objectives
• Determine the overall financial knowledge
of senior high school students
• Provide insights to contribute in enhancing
students’ financial literacy
• Assess the students’ understanding of
financial management
Statement of the Problem
The study will address the following research questions:
1. What is the level of financial literacy of the students as a whole and in the following
areas
a. Spending Habits b. Saving Habits c. Knowledge
[Link] is the level of financial literacy of senior high school students in the three areas
when they are grouped according to the following variables:
a. Sex b. Grade Level c. Family Monthly Income
3. Is there a significant difference in the following areas when the
participants are grouped according to the following variables:
a. Sex b. Grade Level c. Family Monthly Income
3.
Independent Variables Dependent Variable
•Spending habits
•Saving habits Financial
•Financial Literacy
knowledge
Methodology
Research Design
The researchers followed the descriptive approach to assess the financial
literacy of senior high school students.
Sampling Techniques
The sample size was determined using the Slovin’s formula. The researchers
will use simple random sampling method in choosing the respondents.
Research Instruments
The instrument that will be used to gather data is a structured questionnaire .
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