Research Studies
Research Studies
Going to Senior High School is an great parts of anyone’s life. It is likely the first
time experience of students that they are independent. Being independent is both privilege
and responsibility. Being a responsible students is not something that can be achieve
overnight. It needs to put in their mind and be an attitude. One of their responsibility is
managing their allowance (Kaznier,2004). One of the challenges that most of the students
encounter is to budget their money. Many students are having a hard time in terms of
managing their allowance. Money as one of the main necessity plays a vital rule in every
Students on the other hand, has a knowledge on how to save their money as they grow
and a different projects in school as well as things they want to buy for their own. Budgeting
is one of the skills that will be useful for them ( Norvilitis, et al.,2006). It helps to gain a
better understanding of financial matters that would become handful in future. The manner in
which students manage their allowances depending on their daily needs; sometimes it
changes due to some factors. Students have their own or personal needs, and through this
study we will know how and where they spend their money. The more knowledge of students
have about their financial responsibility and status the likely they are to be in debt (Norvilitis,
et al.,2006). According to study, women are more likely to report having a budget than men
needs in order to survive. It will also help to the students to be responsible regarding in
financial. Being necessary, it just to state that students should be able to manage their money
between their need and wants. Also some students have only a limited amount of money.
Due to that proper budgeting is needed because it can give students both their needs and
wants.
Due to the problem that the budgeting will be affected, there exist s a different
planning budget. The term in which College and Senior High School students manage their
money based on several factors such as age, personality traits, age and knowledge
(Gondon,2010). The main focus of this study is to practices or apply the personal budgeting
in students. And also to train the students in terms of budgeting. And to know how they
budget their allowance and the impact of the variables to their personal budgeting.
This study focused on the students of ABM 11 students in doing their allowance
management daily. This study will also benefit the students as well as in helping to improve
their budget planning, and make a recommendations to the respondents what are the best
The significance in the discovery of how much students from Senior High School
from Tambulig National High School spends per week, would let understand/learn what kind
of lifestyle has a majority. Upon the information, the researcher will be able to determine the
same qualities of habits that each has and the traits that will create the contrast of TNHS-
SHS.
Statement of the problem
The purpose of this study is to teach how to spend wisely and to save money. Specifically this
3. What are the factors that are affecting on budgeting their money?
This study created for students to gain knowledge on how to budget their money. Those days,
that they are spending lot of money for the things that they desire, but in this study they will
learn on saving their money that they will be used in the near future. It also help to their
parents to save more money for their studies, food, bills, and etc.
Students
This study is beneficial for students to practice on spending their money, and
also it will inform them were they spend their money with. And it enlighten them on
Parents
This study will also help to the parents by proving insights and information
This study is beneficial for them because this study will be their basis of they
This research study was limited and conducted only at TNHS-SHS. The research respondent
are the ABM 11students. The researchers have planned to survey who are available students
on that day is one to be asked. The method that the researchers going to used in collecting
To further understand and comprehend the intention of the study, the researchers defined the
following concepts:
Allowance – is an amount of the money given or allotted usually at regular intervals for a
specific purposes.
Budget – is a plan used for deciding which activities will be chosen for a future time
period.
Expenses - the amount of money that is needed to pay for or buy something.
Money- refers to a medium used for exchanged, unit of account store of value.
Spending- to use up or pay out.
Conceptual Framework
The concept of this study is to gather data and to know the students expenses and to have an