Financial Literacy and Spending Habits of Bachelor of Science in Accounting Information System (BSAIS) Students

( Vol-7,Issue-6,June 2021 )

Author(s): Russel N. Fernandez, Aemee Joy C. Ignacio, Joyce Marie M. Gedo Cruz, Angie Lou A. Santarina, Mauristh B. Canlapan, Richard V. Simangan

Total View : 1993
Downloads : 294
Page No: 081-084
DOI: 10.22161/ijaems.76.10

Keywords:

Accounting information system, financial literacy, food, money, spending habits.

Abstract:

This research described the financial literacy and spending habits of Bachelor of Science in Accounting Information System (BSAIS) students. Total enumeration sampling was utilized in choosing the 116 respondents from PHINMA Araullo University at Barangay Bitas, Cabanatuan City, Nueva Ecija, Philippines during the Academic Year 2020-2021.The respondents answered questionnaires adopted and modified by the researchers. The researchers divided the questionnaire into two parts. The first part pertains to the financial literacy of the respondents and the second part is about their spending habits as to academic, food, and personal needs. The questionnaire was a 4-point Likert Scale. The data gathered were tallied and analyzed using weighted mean, and set into tables for interpretation and analysis. Results revealed that the respondentshave good financial literacy. Likewise, they were good spender of their money as to their food, personal and academic needs.

Received: 09 Apr 2021; Received in revised form: 16 May 2021; Accepted: 04 Jun 2021; Available online: 16 Jun 2021

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