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International Journal of Advanced Engineering, Management and Science

Financial Literacy Among the Senior High School Students: Basis for Financial Stewardship Plan

( Vol-10,Issue-3,March 2024 )

Author(s): Paul John V. Gabay, Aleyah Eden G. Bagsic, John Caezzer E. Beri, Clarish J. Lauresta, Monaliza M. Vetuz

Total View : 429
Downloads : 18
Page No: 01-12
ijaems crossref doiDOI: 10.22161/ijaems.103.1


Budgeting, Financial Literacy, Financial Stewardship, Money, National Center for Education Statistics, Senior High School, Students


This study investigated the financial literacy of senior high school students, exploring their ability to make informed financial decisions and navigate money management challenges. The researchers also assessed the financial knowledge, behaviors, and the most common difficulties that the students encountered. The study aimed to identify potential areas in which future financial education initiatives could offer significant assistance in preparing young individuals for financial security. The data from this study were gathered from selected senior high school students using a self-administered questionnaire featuring a Likert-scale checklist, inspired by National Center for Education Statistics (NCES) questionnaires and all other subsequent analyses using descriptive statistics. The findings revealed that parents were the primary source of financial knowledge.Also, students faced challenges in money management and showed limited familiarity with financial terms, particularly budgeting. Therefore, the findings suggested a moderate to high level of financial literacy among senior high school students, emphasizing the need for a financial stewardship plan.

Article Info:

Received: 25 Jan 2024; Received in revised form: 25 Feb 2024; Accepted: 03 Mar 2024; Available online: 13 Mar 2024

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