This study aims to assess the financial resilience of families affected by the 2020 Taal Volcano eruption in Agoncillo, Batangas. The researchers seek to understand how the affected families' economic resources, financial inclusion, capabilities, and social networks help them cope with the disaster. They assess the families' financial resilience and compare it to factors like age, gender, income level, family size, and more. The results will identify recommendations on how to better support disaster-affected families financially. Understanding families' financial resilience can help governments improve disaster response and recovery efforts.
This study aims to assess the financial resilience of families affected by the 2020 Taal Volcano eruption in Agoncillo, Batangas. The researchers seek to understand how the affected families' economic resources, financial inclusion, capabilities, and social networks help them cope with the disaster. They assess the families' financial resilience and compare it to factors like age, gender, income level, family size, and more. The results will identify recommendations on how to better support disaster-affected families financially. Understanding families' financial resilience can help governments improve disaster response and recovery efforts.
This study aims to assess the financial resilience of families affected by the 2020 Taal Volcano eruption in Agoncillo, Batangas. The researchers seek to understand how the affected families' economic resources, financial inclusion, capabilities, and social networks help them cope with the disaster. They assess the families' financial resilience and compare it to factors like age, gender, income level, family size, and more. The results will identify recommendations on how to better support disaster-affected families financially. Understanding families' financial resilience can help governments improve disaster response and recovery efforts.
Thesis Adviser INTRODUCTION • Financial resilience is the ability to withstand life events that impact one’s income and/or assets. Some financially stressful events, such as unemployment, divorce, disability, and health problems affect people individually (O’Neill, 2007).
• Financial resilience is the capability of a person
to endure on emergency situation where they can support their needs in times of calamities or disasters financially to continue living. Resilience is the ability to “roll with the punches” and deal with life events. INTRODUCTION
• A person is resilient if he/she have savings on
the bank, have another source of income and or having a life plan that can be beneficial to support themselves or their family if time comes. Financially resilient people use goals to stay focused on what matters the most while preparing for the things that could potentially face off.
• According to Mahul et.al (2019), governments face growing
contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. BACKGROUND OF THE STUDY • Researchers want to assess how the financial resilience in the time of disaster of affected family help them cope and to know if the affected family possess financial • The purpose of these study is to find out the management skills. This is also to know financial resilience in the time of disaster of how to manage their finances and the the affected families in Agoncillo, Batangas impact of disaster to their financial practices. • The town of Agoncillo, Batangas are currently up heading to continue their living • This is also a good thing to focus on how side of the past 14 months since the Taal the affected families properly allocate their Volcano Eruption resulting to destruction of their infrastructures and affects their daily budget in order for them to properly utilize living. their daily, weekly or even monthly allowances during disaster. STATEMENT OF THE PROBLEM This study seeks to assess the Financial Resilience of Disaster of Affected Families in Agoncillo, Batangas. In accordance it aims to answer the following questions: 2. How may the financial resilience of disaster 1. What is the profile of the respondents in of affected family be assess in terms of: terms of : 2.1 Economic resources; 1.1 Age; Frequency/ 2.2 Financial inclusion; 1.2 Sex; Percentage 2.3 Financial capability; and Mean 1.3 Civil Status; 2.4 Social capital 1.4 Educational attainment; 3. Is there a significant difference between 1.5 Occupation; financial resilience and the profile 1.6 Average monthly income; of the respondents? Independent T-Test & Analysis 1.7 Family size; and of Variance (ANOVA) 4.Base on the result of the study, what 1.8 Family type recommendation may be proposed? THEORETICAL FRAMEWORK
SCOPE AND LIMITATIONS OF THE
STUDY SIGNIFICANCE OF THE STUDY RESEARCH METHODOLOGY
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International Journal of Innovative Science and Research Technology