The Impact of Parental Financial Socialization on

Financial Behaviour of Senior High School Students

at Rechab Academy

By: 12 ABM – Group

Bag-o, Rhys Hywel

Clerigo, Ian

Brejente, Jayson

Maverick, Zid

Gabaya, Brylle

Valenzuela, Zid

Escobar, Kaye
 Chapter 3

Methodology

Research Method

This study used a quantitative research method, specifically a quantitative

correlational design since it is proven to be the most appropriate research design

for the study. Quantitative research method design helped us be provided with a

comprehensive understanding of our statement of the problem. This design is

particularly well-suited for research questions that seeks to understand

correlation between two variables in quantitative understanding.

Data Gathering Procedure

The researchers first started the making research questionnaires for the

identified respondents. Following the creation of the research questionnaires, the

researchers then had it validated to their Research Advisor. After the validation,

they sent out a request letter to the office for permission to conduct the survey.

Questionnaires then were delivered to the respondents, and have been collected

after having been filled out by the respondents. The data collected has been

analyzed through statistical procedure. Thus, the conclusion has been out from

the statistical procedure.

Data Gathering Procedure’s Flow Chart

Instrumentation

To get the appropriate data needed we used questionnaires. This helped

us get the quantitative data needed for our Research Design. A questionnaire is

a tool used to collect quantitative data. This questionnaire consisted of clear and

simple instructions to answer each question thoroughly. This tool was used to

distinguish the relationship in other variables.

Research Locale & Participants

This study was conducted in Rechab Academy Incorporated as this is the

most appropriate place for our research study, suggesting efficiency and

credibility. The respondents of our research were Grade 11 and Grade 12

students.

Sampling Techniques

The Sampling Method that the researchers used in this study is total

sampling technique. Total sampling technique delivered us deep insights into the
phenomena we were interested in, it allowed us to collect less-biased information

as the entire population was our sample.