Statement of the Problem

The objective of this study is to determine the personal budgeting practices of the
ABM Students. It aimed to answer the following sub-problems:

1. What is the profile of the students in terms of:

1.1 Age

1.2 Gender

1.3 Year Level

1.4 Class Schedule

1.5 No.of class days per week

1.6 Allowance

2. What are the personal budgeting practices of the ABM students as to:

2.1 Transportation

2.2 Food

2.3 Luxury and Leisure

2.4 Projects and Books

2.5 Communication

2.6 Savings

3. Is there a significant difference on students’ personal budgeting practices and their

profile?
 Conceptual Framework

INPUTS PROCESS

Profile

 Age  Data gathering

 Gender  Analytical
procedures
 Year Level
 Statistical procedures
 Class Schedule

 No.of class per week

 Allowance per day

Variable
 Transportation
Output
 Food Budgeting practices of students

 Luxury and Leisure

 Projects and Books

 Communication

 Savings
 Figure 1.Research Paradigm

The diagram shows the organizations of ideas..

The proponents opted to use Input-Process-Output diagram. The first box shows the
inputs needed to gather data. These are the variables specific to each respondent. The
second box represents the how the data will be gathered and the tools to be used in
analyzing the data. The last box will be the result which is the main focus of this
study.

Significance of the Study

For the parents, parents has different opinions about giving allowance to their
children, because they believe that they should provide the needs of their children and
also believe that giving their children allowance is a good way to teach them on their
financial responsibility. This research will give them idea on the amount of money
they will allocate to their children and to monitor, on how their children spend their
allowances in the different variables given.

To the Researches, we, the researcher, the study itself is significant to us, not only, it
is required for us to conduct but also it give us the awareness and a chance to inform
the users of the research, on how the variable; Transportation, Meal, Luxury, and
Projects affect the students on their allowance budgeting practices. Also, it enhances
the students’ awareness as to the importance of planning a budget. They say the key is
financial success is to be well aware of how to spend your money.

Definition of Terms

Allowance

Budget-

Budgeting -

Budgeting Practices - the usual habit of students in spending their allowances and
managing their finances