Professional Documents
Culture Documents
A Research
presented to the Faculty of Senior High School Department
MUNTINLUPA NATIONAL HIGH SCHOOL
NBP Reservation, Poblacion, Muntinlupa City, Metro Manila
In partial fulfillment of the requirements in
Research in Daily Life 2
GAS1211
Santos, Kashmira B.
Research Adviser
January 2023
ABSTRACT
The objective of this study is to assess the levels of financial stress of the Senior High
ABM - Turner students. To achieve this, the research aims to examine the students'
personal financial management, savings and expenses that influence their financial
stress.
I. INTRODUCTION
including students, to reduce stress and problems in life. Through managing personal
finance, students can anticipate future activities and projects are well managed or
literacy, some students still face various stress that are impacts of inefficient
Huston (2010), financial literacy is made up of two elements: understanding and use.
personal finance, and applies such knowledge in dealing with one's finances.
personal finance. On this note, financial management on a personal level for students
is a big step towards financial freedom and discipline now and in the future. It must
be noted that there is no perfect financial decision but one learns along the way
(Randolph, 2013).
some students are still present which directly affects the performance of students in
vital role for students to have low level or encounter minimized stress. As according
to Pariat, et al (n.d.), stress is also highly correlated with social and financial stress.
Ensuring the health and welfare of every students are significant especially in this
finances as this practice would benefit a positive and healthy lifestyle which is
important in ensuring both health and welfare. Thus, the researchers plan to enlighten
the students on the impact of managing personal finance in the level of stress that may
efficient managing of personal finance to the Grade 12 ABM students, particularly the
Grade 12 ABM - Turner, and to assess the level of stress encountered. Through this
financial management to the levels of financial stress among Senior High School
I. What are the factors that most influence students’ financial stress?
II. What are the levels of financial stress of the Senior High School students?
III. Is there a significant difference in the levels of financial stress of the male and
female students?
This section presents the parameter of the study. It will discuss here the areas
This study will focus on understanding the levels of financial stress experienced
Particularly, the researchers will consider several factors that influence the levels of
financial stress experienced by the respondents such as, their allowances, expenses
and savings for a particular period. Also, the researchers aspire to determine the levels
management.
The Muntinlupa National High School-Main will be the venue of the study
specifically in the Senior High School Department. The Grade 12 ABM – Turner (S.
Y. 2022-2023) students will be the respondents of the current study. The researchers
On the other hand, other factors that affect the levels of financial stress of the
This section includes the significance of this research to the following sectors
that are relatively involved throughout the process of the making of this study.
Department of Education (DepEd). The proposed study can be a significant guide for
DepEd to educate the Filipino students on proper financial literacy in order to reduce
and mitigate the levels of financial stress.Teachers. Will serve as an instrument for the
teachers to determine what they could do to help the students in reducing the levels of
This part of the study shows the different literatures and studies that support the
research.
According to Look (2021), financial stress affects everyone as even your smallest
stressors can grow until they start having a serious impact on your life. Financial
stress presents itself at different levels in each of our lives. Some of us barely notice it
while others have experienced a higher level of this kind of stress. Moreover, Hayhoe
et al. (2000) explored the relationship between financial stress and financial
management. They found financial stress was negatively related with good financial
practices and positively related with bad financial practices. Students who were
experiencing higher level of financial stress were less likely to save regularly
According to GreenPath Financial Wellness (2021), there are three main factors that
influences your financial practice, namely family, multimedia, and culture. In terms of
family, its relationship with finances is tied to your experiences in your home and the
financial literacy that people go through over the generations. In addition, the media
plays an important role in emphasizing having the latest and greatest aspirations. As a
result, many individuals tend to “keep on the bandwagon” and increase spending,
which has a big impact on one’s financial situation. Also, attitudes and perceptions
about how you handle your finances are influenced by the larger culture. According to
needs. However, if financial stress disrupts your daily life, it can become a problem.
For example, you may find yourself unable to focus or enjoy other parts of your life
because money-related stress is worrying you so much. If your financial stress is high-
level, your mental health may even have a negative impact on your physical health.
This can lead to anxiety, depression, behavioral changes, such as withdrawing from
understanding of your financial situation in order to make the most of your finances in
your day-to-day life and planning for the future. One thing to keep in mind is that
assets might equate to more or less depending on where you live based on the cost of
living concept. To put it simply, this just means that you should watch what you
spend and save what you are able to. According to Consortium for Health and
Military Performance (2020), spending and saving wisely can help you cope with
stress and feel more in control. Good saving habits, in particular, can help reduce
financial unpredictability and help reduce stress. People who reported high debt
compared to assets were also likely to experience higher level of stress. On the other
hand, saving money is associated with better mental health and well-being. The key to
saving money is relatively easy: spend less. However, many people have a hard time
cutting back on spending. So it is important to stick to a budget that can help keep you
on track. Saving money takes effort, but it is worth it for your financial future. Gender
is one of the most important factor that influences the levels of financial stress. The
differences are based mainly on sociological and biological factors. According to N26
Bank (2021), regardless of our gender, almost all of us have one worry in common—
our finances. Also, men and women experience stress differently and, consequently,
respond to it in different ways. We learned that men and women have different
responses to stress and are affected differently by financial worries depending on their
financial situation.
Synthesis
Financial stress presents itself at different levels in each of our lives. Some of us
barely notice it while others have experienced a higher level of this kind of stress.
Hayhoe et al. (2000) explored the relationship between financial stress and financial
means gaining an understanding of your financial situation. Gender is one of the most
Men and women have different responses to stress and are affected differently by
financial worries depending on their financial situation. People who reported high
debt compared to assets were also likely to experience higher level of stress. Saving
Conceptual Framework
This section presents the general summary of the research by introducing the
levels of financial stress, discusses the relationship of the stated variables or inputs in
order to know the levels of financial stress experienced by the respondents regarding
specifically the Grade 12 ABM – Turner of MNHS-MAIN during the school year
2022-2023. In doing so, the researchers will be able to provide significant research
findings regarding to the identified problem that pertains to the levels of financial
stress experienced by the respondents. Additionally, the research study’s expected
management of students.
Research Hypothesis
High School-Main.
High School-Main.
Definition of Terms
Levels of Financial Stress - It is the dependent variable of the study which will be
students.
will be measured to identify its relationship to the levels of financial stress of the
students.
Savings - The data that will help in assessing the levels of financial stress of the
Design
The research design of this study uses an explanatory method as the researchers
aim to explore the relationship among certain demographic factors such as age,
gender, and financial literacy to the levels of financial stress experienced. In addition,
the research strategy utilized on this study is through the use of survey questionnaire
that enables an efficient and easy way in gathering the needed information of the
selected sample of the study. Through the use of survey questionnaire, this allows the
researchers to collect and analyze the data quantitatively using descriptive and simple
the Senior High School Department. The participants of the study were the students of
Senior High School 12 ABM – Turner. The sample of this study are 30 students. The
The Instrument
For this research study, a survey questionnaire is conducted to collect the needed
data from the chosen Senior High School student participants. The survey
questionnaire for this study has two types of test. In the first part, the respondents are
instructed to check all the possible factors that can affect or influence the levels of
their financial stress. In the second part, given indicators about their financial
situations are presented in a likert scale that will be answered by the respondents. The
To conduct the study, the researchers have been allowed by Ms.Kashmira B. Santos
their Practical Research 2 Teacher, to conduct a study. After that, the researchers also
asked for the permission and privacy consent of the respondents to participate in the
research study. The researchers contacted their respondents through messenger
For this research study, a survey questionnaire is conducted to collect the needed
data from the chosen Senior High School student participants. The survey
questionnaire for this study has two types of test. In the first part, the respondents
are instructed to check all the possible factors that can affect or influence the levels of
their financial stress. In the second part, given indicators about their financial
situations are presented in a likert scale that will be answered by the respondents. The