Financial Literacy is beneficial not only to our country's economy but

also for the individuals, in order to manage their financials properly in

the future. The youth have an important role in developing our country's future
that is why
the parents taught their children how to handle their financials by giving them an
allowance as they
reach their higher year levels. In a 2014 Index of Financial Literacy of
Mastercard, they indicated that
Filipino youth was among the top three most financially literate in the Asia
Pacific region but it was different
from the results conducted by