The document summarizes a phenomenological study on the weekly allowance budgeting strategies of TVL (technical vocational livelihood) students. It investigates their spending habits, saving habits, and the effects of having a financial strategy. The researcher interviewed TVL track home economic students using an interview guide and audiotapes. The study found that having a budget plan rather than no plan helps students better manage their money by sticking to purchases needed for the week, allocating funds, and saving extra money for emergencies. It recommends educating students on financial management through teachers and parents.
2. STATEMENT OF THE
PROBLEM
S.O.P 1
What are the
spending
habits of the
students?
S.O.P 2 S.O.P 3
What are the
saving habits
of the
students?
What are the
effects of
having a
financial
strategy to
the students?
3. The phenomenological method was utilized in the research to
determine whether there was considerable association
between the students allowance and their academic
performance at ACLC College Tacloban.
METHODOLOGY
The researcher will use an interview together with a interview
guide questions and audiotapes to gather the required data.
the researchers selected individuals from grade 12. TVL Track
receives the interview guide questions in turn from the
researchers. TVL Track home economics were requested by the
researcher. (HE).
4. Food that they buy throughout the campus.
School funds
Parcels from online shops.
Social activities such as. (Mall Shoppings and cinemas)
ACCORDING TO THE RESPONDENTS:
1.
2.
3.
4.
STATEMENT OF THE PROBLEM
1 RESULTS:
5. Making a list and sticking to it in order to purchase the thing that
they need that week.
Allocating the funds toward the purchases and expenses they
want to make in a week.
Keeping the extra money for use in case of emergencies.
ACCORDING TO THE RESPONDENTS:
1.
2.
3.
(Medical expenses and school projects)
STATEMENT OF THE PROBLEM
2 RESULTS:
6. The students are able to avoid from spending too much money on
things only to gain popularity.
The students will be in control of managing the money that they
have.
If the students have a future want, they are able to establish their
own budget plan.
ACCORDING TO THE RESPONDENTS:
STATEMENT OF THE PROBLEM
1 RESULTS:
7. The study looked at the financial management of TVL
students at ACLC COLLEGE TACLOBAN, and discovered that
having a budget plan rather than going with the flow
technique is significantly better for them to manage their
money appropriately.
CONCLUSION
8. Students should understand how to appropriately manage their
financial resources. Teachers ought to educate the students about
financial management approaches. Parents should teach their
children how to budget their money in order to ensure it is not
misused. Future researchers should utilize this study as a model for
future research.
RECOMMENDATION