Recreating financial literacy of private secondary school teachers
Victorino P. Pinawin
Abstract
The study examined the personal financial activities of private secondary school teachers in selected municipalities of the 4th congressional district of Quezon in the Philippines. A descriptive quantitative research design, cluster sampling, and a researcher-made survey questionnaire collected online were all used in the study. Data focused on the financial knowledge, financial behavior, and financial attitude of the respondents. It employed both descriptive and inferential statistical methods. The theories of human capital, self-efficacy, goal-setting, and the financial literacy modelled this study. The majority of respondents are female-married, young professionals teaching either English or Social Sciences holding a permanent position as Teacher I with less than five years of service. An increase in saving found an association in the field of specialization. A weak positive association exists between basic good financial practices and the building of financial safety nets. Data from a survey showed that significant number of respondents are vulnerable to financial distress. Moderation of financial practices and literacy is an indication of poor financial management. Data attest the need to take steps and intervene through financial training and education to recreate the existing method of treating resources.
Keywords
financial literacy, financial knowledge, financial behaviour, financial attitude, financial safety net
Author information & Contribution
Victorino P. Pinawin. LPT, MBA. Teacher - II, Gumaca National High School, Department of Education (DepEd) – Division of Quezon
Disclosure statement
Funding
Institutional Review Board Statement
AI Declaration
Notes
This paper is a finalist in the IIARI Research Competition (IRC) – 2021 Category 3 – Graduate
Acknowledgement
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Cite this article:
Pinawin, V.P. (2022). Recreating financial literacy of private secondary school teachers. International Journal of Accounting, Finance and Entrepreneurship, 3(1), 1-20. https://doi.org/10.53378/352869
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This work is licensed under a Creative Commons Attribution (CC BY 4.0) International License.
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