School- Based Savings Program : Addressing SHS ABM Students’ Financial School Needs

1. 1
Action Research Title:
School- Based Savings Program :
Addressing SHS ABM Students’
Financial School Needs
Gingoog City Comprehensive National High
School – Senior High School

2. 2
Context & Rationale :
• One of the issues with
regards to Philippine
Economy is “Low
Propensity to Save”.

3. AGGREGATE INVESTMENT, the main
engine of ECONOMIC GROWTH AND
DEVELOPMENT is dependent on our rate
of SAVINGS in the ECONOMY.
Families with low rate of SAVINGS most
likely are exposed to live below
“POVERTY LINE”
The SAVINGS rate of the Philippines are
even lower compared to Indonesia
which has lower per capita income (Lall
et al. 2015) 3
INTRODUCTION / RATIONALE:

4. INTRODUCTION/RATIONALE:
Identified as one of the reasons
why Philippines has not grown
Economic Development as fast
as her neighbors.
Low household savings
exposes families to the risk of
“INCOME SHORTFALLS”.
4

5. RATIONALE:
Both Macro and Micro
Economic issues and concerns
are evident in Gingoog City.
Majority of the households live
below “Poverty Line” per Annual
Poverty Indicator Survey (APIS )
augmented by latest Barangay
data. 5

6. RATIONALE:
One of the main cause of
School drop-outs among
GCCNHS learners are due to
financial problems.
Most of GCCNHS students
belong to families with poverty
incidence.
Consequently, this affects the
“Learning Environment” of the
students various school
6

7. RATIONALE
Internet, Photocopy, School
Materials, Fare, Food,
Projects (Business
Simulation) and many more.
High propensity to save
could somehow alleviate
financial position of the
students as well as their
respective families.
7

8. RATIONALE:
Existing PDIC – DEPED partnership on
Financial Literacy Program.
“ BE A WISE SAVER ”
8

9. RATIONALE
This study/ research would like to
find out the effectiveness of
“School – based Savings Program to
motivate students to consistently
developed the habit of savings.
Piloted by Grade 12 ABM Section
ARIS.
Limit the study within ABM Grade
12 GCCNHS Students. 9

10. RATIONALE:
The aim of the study :
“Continue the existing DEPED
Financial Literacy Program and
Develop Contextualized School
Based Savings Program”
10

11. ACTION RESEARCH
QUESTIONS
1. What are the Hierarchy of
Financial School Needs of the SHS
ABM students?
2. How are these Identified
Financial Needs addressed by the
students ( sources
of funds) ? e.g. Parents allowance,
Scholarship, Sideline jobs,
Business, Savings, Sponsorship
11

12. QUESTIONS:
3. Is there a significant difference
in the proposed School – Based
Savings Program in addressing the
SHS ABM Financial School Needs?
4. How much savings could a
student derived in a monthly basis
starting July up to December 2017?
12

13. SCHOOL- BASED SAVINGS
PROGRAM
i. Orientation ABM students and PTA
ii. Situationers / Importance of Savings.
iii. Identifying NEEDS vs. WANTS
iv. Start deposit savings starting July
v. Monitoring and Evaluation up to
December 2017
vi. Enhancement of the program based
from the output of the Action Research
13

14. DERIVATION OF SAVINGS
Savings = Sources of Funds –
Expenses
Ideal should be :
Sources of Funds – Savings =
Expenses
14

15. FINANCIAL MAXIM
“ LIVE BELOW OUR MEANS”
“INCOME IS RELATIVE WHEN IT
COMES TO SAVINGS”
15

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ACTION RESEARCH TIMELINE
June 2017 Orientation/ Integration of (SBSP) to
Business Organization and Management
Class of ABM SHS
July 2017 Conceptualization of the Research Paper
and Start of the SBSP in SHS Grade 12 -
ARIS
August 2017 Research Proposal
September 2017 Integration of SBSP in the PLANNING
topic
October 2017 Continue with the Research Write up
November 2017 Evaluation of the initial outcome of the
SBSP
December 2017 Data gathering and finalization of the Action
Research

17. RESEARCH METHODOLOGY
1.Comparative Action Research
Grade 12 Aris as the Experimental
Group
Grade 12 Cepheus as the
Controlled Group
2. Qualitative Approach
a) Contextualized Survey
Questionnaire
b) Interview 17

18. METHODOLOGY
Comparative Data Analysis
Statistical Tools
1. Sample size savings mean
2. Hypothesis Testing through Z
test,
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