Financial Behavior of ABM Students in CCNHS

A research presented to

The Faculty of Calbayog City National High School

Senior High School Department

Calbayog City

In partial fulfillment of the course requirement

In Practical Research 1

by:
Abayon, Manuel III
Alcera, Hermie Rj
Boñola, Baron Francis
Coñejos, Jamaica
Gabin, Daryl Grace
Gaviola, Efrelyn
Mercader, Noelyn
Orejola, Marc
Ortega, Gerick
Refamonte, Maridel

March, 2019

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 Approval Sheet

The research entitled, FINANCIAL BEHAVIOR OF ABM STUDENTS IN

CCNHS, prepared and submitted by, Abayon Manuel III, Alcera Hermie Rj, Boñola
Baron Francis, Coñejos Jamaica, Gabin Daryl Grace, Gaviola Efrelyn, Mercader
Noelyn, Orejola Marc, Oretga Gerick, Refamonte Maridel, in partial fulfillment for the
course requirement in Practical Research I has been examined and recommended for
acceptance and approval for ORAL EXAMINATION.

RESEARCH COMMITTEE

JUDITH S. FORTALEZA, MAED

Chairman

JASMIN A. ARESGO, MAED CESAR A. CONQUILLO Jr.,

MAED
Member Member

WARREN B. ERROJO, MBA ANGELICA LOPEZ, LPT

Adviser Member

PANEL OF EXAMINERS

Approved by the committee on Oral Examination with a grade of _____________.

JUDITH S. FORTALEZA, MAED

Chairman

JASMIN A. ARESGO, MAED CESAR A. CONQUILLO Jr,.

MAED
Member Member

WARREN B. ERROJO, MBA ANGELICA LOPEZ, LPT

Adviser Member

Accepted and approved in partial fulfillment for the course requirement in Practical
Research 1.

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 CALICK D. ARRIETA, Ph.D.
Principal II
Acknowledgment

The researchers are very thankful to the Lord Almighty for providing the

knowledge and wisdom for the completion of this study.

This research would not have been possible without the guidance and the help of

several individuals who in one way or another contributed and extended their valuable

assistance in the preparation and completion of this study.

To Mr. Warren B. Errojo, the researchers’ adviser, who spared his time in giving

insights and pieces of advice.

To Dr. Calick Arrieta, our school principal, and the panel: Mrs. Jasmine Aresgo,

Ms. Angelica Lopez, Mrs. Judith Fortaleza, and Mr. Cesar Conquillo for sharing their

technical expertise on research and for giving us their insights.

To Ms. Roxanne Granada, for extending a helping hand and for sharing her

expertise to further refine this research paper.

Lastly, their family and friends who are always there to support, to help, and to

encourage the researchers.

Without all of you, this research wouldn’t have been possible. Thank you.

The Researchers

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 Dedication

This research is dedicated to the different people behind the success of

completing the said research. Namely, the researchers would like to dedicate this to a

couple of people:

This research is dedicated to Mr. Warren B. Errojo, the man responsible for the

researchers’ conceiving of this study.

The researchers would like to dedicate this study to their friends and family, for

without all of their love and support, this wouldn’t have been made possible.

The group can’t certainly forget God, for all the answered prayers and guidance.

And lastly, this research is dedicated to the time, resources, and academia, the

variables responsible for the continued pacing of this study.

The Researchers

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 Abstract:

Financial Behavior of ABM Students in CCNHS

by:

Abayon Manuel III, Alcera Hermie Rj, Boñola Baron Francis, Coñejos Jamaica, Gabin
Daryl Grace, Gaviola Efrelyn, Mercader Noelyn, Orejola Marc, Ortega Gerick,
Refamonte Maridel

Money drives the modern world, which is why it’s necessary for the modern

people to know how to properly handle money. Already, the Philippines is taking

measures in line with this mission, in the form of its Accountancy, Business and

Management (ABM) strand for senior high school students, where they are taught

lessons related to such. Naturally, this would mean that ABM students know how to

properly handle money, but do they really apply this knowledge?

In this study, the researchers interviewed 8 ABM students about their financial

behavior, with the interview’s questions covering age to social class to school projects,

to determine how they spend and why they spend.

Results showed that the financial behavior of ABM students were influenced

mainly by social class, age, and allowance, while in terms of expenses, the students

spent the most for school projects. In the study, 4 out of 8 participants admitted to not

being good handlers of money, which meant that the lessons they learned as ABM

students were not being applied by them.

Based from this, the researchers recommended that ABM students should be

better educated in financial matters, by means of a proposed two-day seminar

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workshop at the end of every semester, offering lectures, competitions and solutions to

the students. Such workshop is intended to provide engaging, entertaining yet

informative discourse to further students’ knowledge on how to handle money properly,

as well as teaching of business-related topics like preparation of certain papers, inflation

and the stock market, etc.

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 Table of Contents
Contents
Pages
Cover Page i
Approval Sheet ii
Acknowledgment iii
Dedication iv
Abstract v
Table of Contents vii

Chapters 1: The Problem and its Setting

Introduction 1
Theoretical Framework 3
Related Literature 6
Related Studies 7
Conceptual Framework 8
Statement of the Problem 9
Scope and Delimitation 10

Chapter 2: Methodology
Research Design 11
Respondents 11
Data Gathering Procedure 12

Chapter 3: Presentation, Analysis and Interpretation of Data

Results and Discussion 13
Presentation of Participants 13
Summary of Findings 14

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Conclusion 19
Recommendation 20
Rationale 21
Output 23
References 24
Appendices 27
Curriculum Vitae 31

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