THE IMPACT OF FINANCIAL LITERACY ON FINANCIAL MANAGEMENT PRACTICES
AMONG ACLC COLLEGE STUDENTS
Section 1: Demographics
Age:____ yrs old.
Gender:
Female
Male
Current Socio-economic status:
Range
3,000 above
1,000-3,000
1,000 below
Section 2: Saving Habits/ Investments and Budgeting/Spending Habits
Directions:
Please indicate your level of agreement with the following statements using a 4-point scale (4)Strongly
Agree, (3) Agree, (2)Disagree, and (1)Strongly Disagree by putting a check in the box on the right side
of each questions. There are no right or wrong answers. Rest assured that your answers will be kept
confidential and you will not be identified.
Scale: (4) Strongly Agree
(3) Agree
(2) Disagree
(1) Strongly Disagree
Saving Habits/ Investments 4 3 2 1
1. Having a savings plan for emergencies and
future goals.
2. Investing my money in financial
instruments, such as high-yield savings
account.
3. Having a good understanding of financial
concepts, such as interest rates, credit
scores, and investing.
4. Understanding the importance of investing
for the future
Budgeting/Spending Habits 4 3 2 1
1. Having a budget that I stick in order to
manage my Finances effectively.
2. Being confident in my own ability to
manage my finances effectively.
3. Having a good understanding of financial
concepts such as budgeting, saving, and
investing.
4. Having effective management of my
personal finances.