Professional Documents
Culture Documents
Research Manuscript
Research Manuscript
Researchers:
Jona N. Unabia
Joshua Caberte
Michaela Cavan
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CHAPTER I
INTRODUCTION
The most basic needs of a human life is money, without it, one cannot
fulfill his basic needs and requirements of their daily routine. The importance
of money is increasing day by day as the living becomes costly (Archana,
2017). Allowance refers to the amount of money that is given to students
based on the financial status of their parents and guardians. The allowance
can be used as a substitute for parental support, a supplement to other
income sources, or as an investment into future earnings (Galulu, et al.,
2017). Allowance is money earned or given to a child at regular interval to
teach the child how to manage money. (healthofchildren.com)
It is believed that the most difficult part of being a senior high school
student is separating their wants from their needs. In this study, the research
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is to find answers from the respondents as to how and where they spend their
money every day. Budget as the main subject of this study will focus on the
proper allocation of allowances of every student in order for them to properly
utilize their daily, weekly or even monthly allowances.
As students are not in the same economic category as their peers, they
have limited amounts of money. The students are usually less capable to
save money than their peers since they are still dependent on their parents
and cannot make much money on their own. This can be seen through the
fact that most of them do not have savings accounts or credit cards because
they cannot afford to buy anything that is not needed.
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REVIEW OF RELATED LITERATURE
Spending Behavior
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The spending behavior of students in our modern times has become an
important concern in our society. Tew (2012) showed that socioeconomic
status influences the spending behavior of students. Higher-status students
spend more on food products, while lower-status students spend much more
on non-food products.
Koc and Ceylan (2012) stated that consumers in lower status groups
spend a larger portion of their income on food products. He added that the
highest status consumers always check the price labels of the food products
with a high percentage before purchasing.
Stollak (2010) stated that freshmen were far more likely to spend their
money than juniors and seniors. This might be due to lack of awareness of
their budget or not planning appropriately. On the contrary, Bailey et. al(2009)
said that juniors and seniors spent significantly quite freshmen and
sophomores on recreation, food, general merchandise and miscellaneous
items.
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on their financial behavior rather, they didn’t appear as more financial literate
than those who did not took the course.
Transportation
Sex
Expenses
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Figure 1.An illustration of the factors related to the spending behavior of the
respondents.
This research study was limited and conducted only at the Bato
National High School at the School Year 2022-2023. The respondents of the
study are the Senior High School students. The target respondents will be to
fifty (50) students who have different strands.
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Statement of the Problem
The purpose of this study is to find out how Senior High School
students of Bato National High School manage their daily allowance by
conducting a survey.
a. Sex
b. Strand
c. Year level
d. Socioeconomic Status
a. Personal needs
b. Academic purposes
c. Food
d. Transportation
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RESEARCH QUESTIONNAIRE
II. This questionnaire is a series of statements that are relate on how you
manage your finances. Read each statement carefully. There is no right or
wrong answers. Please answer the following questions honestly by putting a
check mark on the parenthesis that corresponds to your answer and by filling
out the blanks.
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2. I don’t hesitate to spend my money
when it comes to food.
3. I usually eat on restaurants,
carinderia or fast food chains for my
breakfast.
4. I usually eat on restaurants,
carinderia or fast food chains for my
lunch.
5. I usually eat on restaurants,
carinderia or fast food chains for my
dinner.
6. I prefer eating in our house, boarding
house or apartment.
C. Academic Purposes 5 4 3 2 1
1. I compare prices when I spend for
school supplies.
2. I don’t hesitate to spend my money
when it comes to academic purposes
3. I prefer to buy school supplies from
known/popular bookstores rather than
ordinary stores.
4. I spend my money on computer
shops when doing my requirements.
5. I spend my money on cellphone
loads for playing.
D. Transportation 5 4 3 2 1
1. I spend a portion of my money for
gas consumption because I have my
own service vehicle.
2. I prefer walking rather than taking a
tricycle when I go to a nearby place.
3. I usually pay twice the regular fare or
full capacity for my transportation.
4. I do not spend a portion of my
money/allowance for transportation
because we have our own means of
transportation.
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Bibliography
[1] Abhijeet Birari & Umesh Patil (2014), Spending & Saving Habits
of Youth in the City of Aurangabad,
[2] https://www.ukessays.com/essays/marketing/factors-affecting-the-
spending-behaviour-of-students-marketing-essay.php
[3] Jesse Rodney Dansie, Student Income and Spending Patterns at Utah
State University 1964 All
[4] Karlson, Kaitlin, " Does the Life-Cycle Theory Really Matter? Saving
and Spending Habits of College
[5] http://www.investopedia.com/terms/m/moneymanagement.asp
[9] Morris, T., Maillet, S., & Koffi, V. (2022). Financial knowledge, financial
confidence and learning capacity on financial behavior: a Canadian study.
Cogent Social Sciences, 8(1), 1996919.
[10] Shim, S., Barber, B. L., Card, N. A., Xiao, J. J., & Serido, J. (2010).
Financial socialization of first-year college students: The roles of parents,
work, and education. Journal of youth and adolescence, 39(12), 1457-1470.
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