Scribd
Upload
90 views5 pages

Financial Management Practices of Mang Inasal Employees

This study aims to determine the personal financial management practices of employees at Mang Inasal, a Philippine restaurant chain. Specifically, it seeks to understand the profiles of employees and their practices around saving, money management, and investment. The study is grounded in theories that financial literacy impacts financial practices and that everyone should acquire basic financial knowledge to better manage their finances. It will survey employees on demographics, savings habits, budgeting and goal setting, and investment strategies to assess financial management levels.

Uploaded by

jaredcasal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
90 views5 pages

Financial Management Practices of Mang Inasal Employees

This study aims to determine the personal financial management practices of employees at Mang Inasal, a Philippine restaurant chain. Specifically, it seeks to understand the profiles of employees and their practices around saving, money management, and investment. The study is grounded in theories that financial literacy impacts financial practices and that everyone should acquire basic financial knowledge to better manage their finances. It will survey employees on demographics, savings habits, budgeting and goal setting, and investment strategies to assess financial management levels.

Uploaded by

jaredcasal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Statement of the Problem

This study aims to determine personal financial management

practices among Mang Inasal Employees specifically it will seeks to answer

the following problems:

1. What is the profile of the respondent in terms of:

1.1 Age

1.2 Sex

1.3 Civil status

1.4 Position

1.5 Educational attainments

2. What is the level of Personal Financial Management Practices among

Mang Inasal Employees in terms of:

2.1 Saving practices

2.2 Money management practices

2.3 Investment practices


Theoretical/Conceptual Framework

The study is anchored on the theory of Nyamute & Maina (2010). Who

stated that personal financial management practices includes saving,

investment and money management practices, they concluded also that

financially literate have impact on personal financial practice and everyone

should acquire basic knowledge to allow them to have better personal

financial management practices.

Supported by Makhadia (2010) stated the three specific objectives

determining relationship between literacy and financial practices of the youth

in Kenya it includes savings, investment, and money management practices.

In addition, stated by Aldovino et. Al (2013). Entitled financial literacy

and financial management practices of employees in private university

researchers assessed employees understanding in financial management on

saving practices, investment practices, as well as their actual practice of the

said financial concept.


SURVEY QUESTIONNAIRE

Personal Financial Management Practices among Mang Inasal

Employees

Part 1. Profile of the respondents

Direction to the Respondents: Please supply the following information on the

following by checking (/) the appropriate box.

Name (optional)

Age 21-25 yrs. Old 26- 30 yrs. Old 37 yrs. Old above

Sex Male Female

Civil Status Single Married Separate

Position Supervisor Ranks and Filet

Educational attainment High school graduate College Graduate

Part 2. Level of personal financial management practices among Mang

Inasal employees.

Please answer the following question honestly. Put check and place your
answer at the box provided.

Name (optional):

1. Strongly disagree - not ever manage financial matter.


2. Disagree - not frequently do or manage financial matter.
3. Neutral - in certain cases but not always.
4. Agree - frequently do or experienced managing financial matter.
5. Strongly Agree -. At all times I always manage.
SAVING PRACTICES 1 2 3 4 5
1. I Save at least 10% of my gross income.
2. I have regular saving plan which I
strictly follow without default.
3. I set aside money for the future needs
and wants.
4. I am the kind of person who always look
to save money
5. I increase my saving when I receive a
salary increase.
MONEY MANAGEMENT PRACTICES 1 2 3 4 5
6. I write goals for managing my money.
7. For every expenditure, I prepare to
budget beforehand.
8. I usually compare prices whenever I go
shopping
9. I generally achieve my money
management goals
10. I always prioritized my spending based
on needs, not wants.
INVESTMENT PRACTICES 1 2 3 4 5
11. I have invested in stocks, bonds or
mutual funds
12. I understand all the risk I take with my
money before spending or investing
13. I spread my money across more than
one type of investment
14. I have clear long term goals with my
money
15. I have investment that earned me
additional income aside from my
employment income.
Comment: .

You might also like