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    Table 1 Common Budgeting Strategies and Budgeting Awareness of The Grade 11 and Garde 12 Accountancy Business, and Management Students

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    Jezeel Ofanda
    This document presents data from a survey of Grade 11 and Grade 12 accounting, business, and management students about their budgeting strategies and money expenditures. The survey found that most students think about saving and budget before spending, but fewer make written budgets or record all expenses. When budgeting, most students overestimate purchases to ensure having enough money. For both grades, comparing prices before buying and thinking thoroughly before purchases were the top ranked money expenditure strategies, while spending on trends and branded items were lowest ranked. Grade 12 students had slightly higher adoption of most positive budgeting and money strategies compared to Grade 11 students.

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    Table 1 Common Budgeting Strategies and Budgeting Awareness of The Grade 11 and Garde 12 Accountancy Business, and Management Students

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    Jezeel Ofanda
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    This document presents data from a survey of Grade 11 and Grade 12 accounting, business, and management students about their budgeting strategies and money expenditures. The survey found that most students think about saving and budget before spending, but fewer make written budgets or record all expenses. When budgeting, most students overestimate purchases to ensure having enough money. For both grades, comparing prices before buying and thinking thoroughly before purchases were the top ranked money expenditure strategies, while spending on trends and branded items were lowest ranked. Grade 12 students had slightly higher adoption of most positive budgeting and money strategies compared to Grade 11 students.

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    This document presents data from a survey of Grade 11 and Grade 12 accounting, business, and management students about their budgeting strategies and money expenditures. The survey found that most students think about saving and budget before spending, but fewer make written budgets or record all expenses. When budgeting, most students overestimate purchases to ensure having enough money. For both grades, comparing prices before buying and thinking thoroughly before purchases were the top ranked money expenditure strategies, while spending on trends and branded items were lowest ranked. Grade 12 students had slightly higher adoption of most positive budgeting and money strategies compared to Grade 11 students.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    37 views3 pages

    Table 1 Common Budgeting Strategies and Budgeting Awareness of The Grade 11 and Garde 12 Accountancy Business, and Management Students

    Uploaded by

    Jezeel Ofanda
    This document presents data from a survey of Grade 11 and Grade 12 accounting, business, and management students about their budgeting strategies and money expenditures. The survey found that most students think about saving and budget before spending, but fewer make written budgets or record all expenses. When budgeting, most students overestimate purchases to ensure having enough money. For both grades, comparing prices before buying and thinking thoroughly before purchases were the top ranked money expenditure strategies, while spending on trends and branded items were lowest ranked. Grade 12 students had slightly higher adoption of most positive budgeting and money strategies compared to Grade 11 students.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    Table 1

    Common Budgeting strategies and Budgeting Awareness of the Grade 11 and Garde 12 Accountancy
    Business, and Management Students
    Grade 11 Grade 12
    Yes No Differenc Rank Yes No Differenc Rank
    e e
    A. Budgeting Strategies
    2. Do you budget before spending your 150 34 116 5 166 68 98 6.5
    money?
    3. Do you set aside money regularly in case of 139 45 94 7 166 68 98 6.5
    emergencies in the future?
    4. Do you make a written budgeting plan? 42 142 -100 10 45 189 -144 8
    5. Do you record all your expenses? 47 137 -90 9 41 193 -152 9
    6. Do you keep all your receipts? 82 102 -20 8 91 143 -52 7
    10. When budgeting, do you over-estimate
    purchases to ensure you have enough 155 29 126 4 173 61 112 5
    money?
    Budgeting awareness
    1. Do you think of saving? 175 9 166 1 216 18 198 2
    7. As a student, do you have difficulties in
    158 26 132 3 189 45 144 3
    managing your finances?
    8. Does budgeting serve as a practice to you
    174 10 164 2 218 16 202 1
    for the future?
    9. Does budgeting help you get through the
    144 40 104 6 188 46 142 4
    week without being financially stressed?
    Table 2.
    Comparison of the Budgeting Strategies and Money Expenditures of the Grade 11 and Grade 12 Accountancy
    Business and Management Students
    Grade 11 Grade 12
    Yes No Difference Rank Yes No Difference Rank
    A. Budgeting Strategies
    1. Do you think of saving? 175 9 166 1 216 18 198 2
    2. Do you budget before spending your money? 150 34 116 5 166 68 98 6.5
    3. Do you set aside money regularly in case of
    139 45 94 7 166 68 98 6.5
    emergencies in the future?
    4. Do you make a written budgeting plan? 42 142 -100 10 45 189 -144 8
    5. Do you record all your expenses? 47 137 -90 9 41 193 -152 9
    6. Do you keep all your receipts? 82 102 -20 8 91 143 -52 7
    7. As a student, do you have difficulties in managing
    158 26 132 3 189 45 144 3
    your finances?
    8. Does budgeting serve as a practice to you for the
    174 10 164 2 218 16 202 1
    future?
    9. Does budgeting help you get through the week
    144 40 104 6 188 46 142 4
    without being financially stressed?
    10. When budgeting, do you over-estimate
    155 29 126 4 173 61 112 5
    purchases to ensure you have enough money?
    B. Money Expenditures
    1. Do you spend all of your allowance? 49 135 -34 6 91 143 -52 6
    2. Do you spend on things that are on trend? 34 150 -116 10 80 154 -74 7
    3. Do you spend your money more on your wants
    81 103 -22 5 93 141 -48 5
    than your needs?
    4. Have your spending habits lead you into debt? 50 134 -84 9 73 161 -88 8
    5. Do you compare prices before buying something? 166 18 148 1 211 23 188 1
    6. Do you think thoroughly before buying
    163 21 142 3 189 45 144 3
    something?
    7. Do you look carefully to find the best value for
    164 20 144 2 202 32 170 2
    1your money?
    8. Does it matter for you having all your things
    51 133 -82 8 56 178 -122 10
    branded?
    9. Do you prefer higher end personal items that are
    52 132 -80 7 67 167 -100 9
    more expensive than the regular ones?
    10. Do you prefer buying bestselling brands or
    82 102 -20 4 119 115 4 4
    products?

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