Detailed Listing and Savings Rates among Senior High School Students
INTRODUCTION
Detailed Listing and Savings Rates among the Senior High School
Students, with the goal of comprehending their saving attitudes and financial
habits. The goal of this study is to find patterns in the savings rates and
financial literacy of senior high school students that can guide future
educational programs and encourage improved financial decision-making. To
improve and learn a initiative way to handle their money well, this may offer
insightful information on young people's financial practices, emphasizing the
value of early financial education and its possible influence on their future
financial [Link] research is important because it can help to build
educational programs and resources that are suited to the specific needs of
senior high school students. Understanding their financial literacy levels
allows us to apply initiatives to improve their financial knowledge and skills,
helping them to make more educated financial decisions.
According to Fiergbor (2020), states saving is a basic financial literacy
component. It is, therefore imperative that for an individual to understand the
rudiments of personal savings, he or she must be financially literate to some
extent. While several widely used definitions of financial literacy exist, all of
them imply individuals' ability to obtain, understand, and evaluate information
required to make decisions to secure and accomplish their financial future as
best as possible. Financial literacy is knowledge of facts, concepts, principles,
and technological tools fundamental to being smart about money. Savings
entails accrual of assets. Accumulation of anything of lasting value is also
[Link] ideas comes on a author that it becomes more and more crucial
for them to comprehend and handle their finances when they enter adulthood
from adolescence. In order to shed insight on senior high school students'
financial views and behaviors, this study will examine the thorough listing and
savings rates of these individuals. We may learn more about these students'
understanding of personal finance concepts, such as budgeting, tracking
costs, and setting financial goals, by looking at their meticulous listing habits.
Furthermore, examining their savings rates will reveal important details about
their capacity to save aside funds and make plans for future requirements, like
launching a business or going to college.
A vital component of senior high school students' general well being and
long-term financial stability. These include handling finances, comprehending
credit and debt, setting aside money for the future, and selecting wisely. They
gain the knowledge and skills needed to handle their own finances
successfully through financial education, which enables them to make wise
financial decisions for the rest of their life. According to Lalmuanpuia (2021),
highlights that students often prefer to save a portion of their monthly
allowance, usually in cash or in a bank, indicating sound budgeting habits.
Some students even invest part of their savings in financial markets. One
straightforward but impactful way for students to reduce spending is to
analyze their own behavior. They can achieve this by creating a behavior
chart, which helps them consistently track their actions and reinforces positive
habits. These charts can be highly effective for managing and altering student
behaviors.
According to Agabon & Bastida (2022), saving money can greatly help
individuals and society as a whole achieve economic stability for the common
good. By managing and saving money wisely, individuals can achieve
financial stability and build capital, which in turn contributes to the overall
economic growth of society. Responsible and wise money management can
lead to macroeconomic stability for the entire [Link] habits and
financial listing are becoming more and more important in today's fast-paced
society, especially for Senior High School students . Effective personal money
management can lay the groundwork for future financial security. The purpose
of this study is to look into the specific savings rates of Senior High School
students, highlighting the opportunities, obstacles, and trends that they
currently encounter when saving. Understanding these young people's
financial views and actions can help us develop smart ways to improve their
savings habits, which will ultimately enable them to reach their financial
objectives. In addition to attempting to measure savings rates, this research
also aims to investigate the fundamental causes of these behaviors, opening
the door for focused interventions and instructional initiatives that support
sound financial management. This study is to investigate Senior High School
students' financial practices, with a particular emphasis on their detailed listing
and savings rates.
Members:
Rona Mae Delos Santos - Leader
Margaret De Castro
Claris Bitah
Aaliyah Sesbino
Zammer Gil
Clark Amba
Antonette Martirez
