Research Instruments

PART I. Financial Literacy Questionnaire

Direction: Please indicate to what extent you agree or disagree with each of the following statements by putting a
check mark below the number that corresponds your answer.

4-Stongly Agree, 3-Agree, 2-Disagree, 1-Strongly Disagree

4 3 2 1
Item # FINANCIAL ATTITUDE SA A D SD
1
It is critical for me to have a consistent saving habit.
2 I find it more satisfying to spend money than to save it for the
long term.
3
I must avoid borrowing money for non-essential things
4 I only spend my allowance/money on important things that are
within my budget.
5
I spend all my monthly allowance/money; I cannot save any of it.
4 3 2 1
Item # FINANCIAL KNOWLEDGE SA A D SD
1 I felt confident in my knowledge and ability to manage my own
finances.
2
I am aware of the inflation rate in the Philippines.
3 I consider myself financially literate (able to maximize money for
financial stability).
4
I know that I have to set aside money for an emergency.
5
Financial planning is finding the best ways to use your money.
4 3 2 1
Item# FINANCIAL BEHAVIOR SA A D SD
1
Before I buy something, I carefully consider whether I can afford
it.
2
I review and keep track on my financial affairs.
3
I must avoid borrowing money for non-essential things.
4
I manage to save a portion of my monthly allowance/money.

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
II. Spending Habits of BSA students

4 3 2 1
Item # LIFESTYLE SA A D SD
1 I prefer to buy the latest fashion on clothes, shoes, and accessories.

2 I own the latest model of cellular phones and other gadgets.

3
I dine-out with friends in restaurants and other fast-food chains.
4 I avail the discounts offered when shopping on-line.

5 I go to the gym for physical fitness.

4 3 2 1
Item # FOOD SA A D SD

1 I compare prices before I spend money/allowance on food.

2
I prefer eating meals in our house, boarding house, or apartment.
3 I prefer preparing my own fresh fruits and vegetables rather than what is
served in fast-food restaurants.
4 3 2 1
Item # ACADEMIC PURPOSES SA A D SD

1
I compare prices before I buy school supplies.
2 I prefer to buy school supplies from popular book store such as National
Bookstore.
3 I spend a large percentage of my money on review materials such as
photocopies / printed handouts.
4 I spend my money on computer shops when doing my school requirements.
5
I spend money on mobile data load, prepaid wifi load, and etc
Item # SA A D SD
TRANSPORTATION
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

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
knowledge

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
lifestyle

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
Food, academic, purposes, and transportation

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284
v

Barangay 5, San Francisco, Agusan del Sur, Philippines 8501 | +63 85 3438327 | F: +63 85 8392284