This chapter outlines the research methodology used in the study. A phenomenological design was used to understand the lived experiences of Accountancy, Business and Management (ABM) students at San Andres Vocational School related to budgeting styles. Survey questionnaires were distributed to 20 ABM students to collect data on their budgeting approaches and how it helps them manage their finances. The questionnaires were validated through feedback from experts before administering the final version to students.
This chapter outlines the research methodology used in the study. A phenomenological design was used to understand the lived experiences of Accountancy, Business and Management (ABM) students at San Andres Vocational School related to budgeting styles. Survey questionnaires were distributed to 20 ABM students to collect data on their budgeting approaches and how it helps them manage their finances. The questionnaires were validated through feedback from experts before administering the final version to students.
This chapter outlines the research methodology used in the study. A phenomenological design was used to understand the lived experiences of Accountancy, Business and Management (ABM) students at San Andres Vocational School related to budgeting styles. Survey questionnaires were distributed to 20 ABM students to collect data on their budgeting approaches and how it helps them manage their finances. The questionnaires were validated through feedback from experts before administering the final version to students.
This chapter provides a presentation of the design of the study, the
subject of the study, the instrument used, the data gathering procedure and the statistical methods employed in the study.
Design of the Study
In this study, a phenomenology design is used. With no control
over the variables, phenomenology research can be defined as investigates the lived experiences attributes to a particular phenomenon. Additionally, phenomenology studies may be characterized as simply the attempt to investigate the perspectives of those who have encountered a phenomenon in order to understand its general morality. A process of data collection that enables them to understand the situation more thoroughly than was possible without using this method. A phenomenology design is used in this qualitative study because it is suited for explaining the nature and state of the current situation and to understand the meaning of people's lived experience. The researcher determined the Budgeting Styles of ABM Students of San Andres Vocational School in their allowances.
Sources of Data
The study determined the Budgeting Styles of Accountancy,
Business and Management of San Andres Vocational School in their Allowances. The Accountancy Business Management strand in San Andres Vocational School includes the Grade 11- Bravery and Grade 12 - 13
Dauntless. The respondents are the Accountancy, Business and
Management students of San Andres Vocational School.
Table 1
Population of the Respondents
No. Grade Section Strand Population 1 11 Bravery ABM 22 2 12 Dauntless ABM 18 TOTAL 40
Sampling Technique
When the population seems small and contains a specific group of
people, purposive sampling is done because of the small population. This method is designed to figure out the researcher's interest for finding in- depth information about a certain group of people. The study have chosen 20 respondents because the researchers have seen through the respondents the way they spend the amount of allowance or income they have.
Instrumentation and its Validation
This study used survey questionnaires as the main instrument for
gathering reliable data. The instrument to be prepared consists of series of questions that would be distributed to respondents, in order to obtain relevant information. The data gathering instrument would help to produce results that would allow the researcher to be clarified and answer their research questions with precision. 14
Part I focused on the profile of ABM students of San Andres
Vocational School. Included in the profile are: age, sex, grade level, and address.
Part II dealt with the budgeting styles of ABM students in their
allowances.
Part III focused on how does the budgeting styles help the students in managing their finances.
The questionnaire was presented to the research adviser and some
of the panellist with full knowledge in the area of specialization under study to get their feedback. The questionnaire included ideas and recommendations.
Data Gathering Procedure
The researcher gave a questionnaire to ABM students of senior
high school in SAVS. The researchers used a questionnaire with various questions in order to ensure the validity of the data that had gathered regarding their budgeting styles in their allowances. The researcher explained to the respondents the importance of their respond to the study. The researcher clarified some terms to the respondents, so that the respondents could answer the questionnaire with full knowledge of their responsibility as the subject of the study.