Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 49 views

    Definition of Terms

    Uploaded by

    Hya Cinth
    The document discusses the importance of financial management for grade 12 ABM students in Granja-Kalinawan from 2022-2024. It outlines relevant theories on individual spending habits and the influence of financial awareness. Wise spending involves prioritizing needs over wants. The study also defines key terms like financial, financial management, and financial crisis. It notes the importance of students understanding proper financial budgeting to avoid money worries and stresses knowledge of financial management can benefit both students and their school. The scope is limited to determining its importance through surveying 55 grade 12 ABM students over April-May 2023.

    Copyright:

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

    Definition of Terms

    Uploaded by

    Hya Cinth
    49 views1 page
    The document discusses the importance of financial management for grade 12 ABM students in Granja-Kalinawan from 2022-2024. It outlines relevant theories on individual spending habits and the influence of financial awareness. Wise spending involves prioritizing needs over wants. The study also defines key terms like financial, financial management, and financial crisis. It notes the importance of students understanding proper financial budgeting to avoid money worries and stresses knowledge of financial management can benefit both students and their school. The scope is limited to determining its importance through surveying 55 grade 12 ABM students over April-May 2023.

    Original Title

    Definition of terms

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses the importance of financial management for grade 12 ABM students in Granja-Kalinawan from 2022-2024. It outlines relevant theories on individual spending habits and the influence of financial awareness. Wise spending involves prioritizing needs over wants. The study also defines key terms like financial, financial management, and financial crisis. It notes the importance of students understanding proper financial budgeting to avoid money worries and stresses knowledge of financial management can benefit both students and their school. The scope is limited to determining its importance through surveying 55 grade 12 ABM students over April-May 2023.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    49 views1 page

    Definition of Terms

    Uploaded by

    Hya Cinth
    The document discusses the importance of financial management for grade 12 ABM students in Granja-Kalinawan from 2022-2024. It outlines relevant theories on individual spending habits and the influence of financial awareness. Wise spending involves prioritizing needs over wants. The study also defines key terms like financial, financial management, and financial crisis. It notes the importance of students understanding proper financial budgeting to avoid money worries and stresses knowledge of financial management can benefit both students and their school. The scope is limited to determining its importance through surveying 55 grade 12 ABM students over April-May 2023.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    THE IMPORTANCE OF FINANCIAL MANAGEMENT FOR GRADE 12 ABM STUDENTS IN

    GRANJA-KALINAWAN S.Y. 2022-2024

    THEORETICAL FRAMEWORK
    This research study is based to Kerlinger (1997), individual spending planning is necessary
    to understand society to achieve the ultimate goal of improving the overall quality of their lives.
    However, spending patterns are primarily influenced by the individual's awareness of the
    importance of financial management. A wise spending pattern is when a person puts his needs
    first before fulfilling his wishes or desires (Ismail Ab. Wahab et al., 2008).
    Another theory by (Hairunniza et al., 2015), every student realizes that should be wise in
    their spending planning and financial management. The self-needs of a student are constantly
    increasing, and there are no limits. On the other hand, the income or allowance received does
    not always increase. However, a comfortable life can still be enjoyed if each student is wise to
    spend through proper financial management and expenses through what has been planned.
    Usually, many people feel that they need financial management and planning. However, the
    lack of information and knowledge about management and financial planning undermines its
    importance and has been ignored. Awareness of the significance of financial planning and the
    importance of saving money management should be nurtured so that every student can plan
    their expenses well.

    DEFINITION OF TERMS
    For clarification, the important terms used in this study will be defined.
    Financial- It is the money or the way money is managed. Although this study, the importance of
    financial management will show how students budget their allowances.
    Financial management - It is about the cash flow and spending habits and developing a
    personal budget. In this study, students plan and budget their money on specific things with
    priority by differentiating their needs and wants.
    Financial crisis- It is the financial problems faced by students are known as they do not have
    enough money for their daily expenses, where money worries are causing them stress.

    IMPORTANCE OF THE STUDY/SIGNIFICANCE


    To Students. It is vital for students to acknowledge the right source to flow their financial
    budgeting/management. And also for them to be aware of their finances. With this, they will
    know the importance of financial management.
    To school. The school has a big population. A big population means there are many
    students who budget their allowances. But some students don’t know the importance of financial
    management. It is significant because it will help them to know its importance.

    SCOPE AND LIMITATION OF THE STUDY


    The study focused on determining the importance of financial management for students.
    The respondents were 55 Grade 12 Senior High School ABM Students of Granja-Kalinawan
    National High School Main Campus, Jaro, Leyte. This will be conducted on April 2023- May
    2023 using a survey questionnaire.

    You might also like