1

Effects of Budgeting Allowances of 3rd Year BEED

students to their Academic Performance

Research Paper Presented to the Faculty

of the Daraga Community College, Salvacion, Daraga

In Partial Fulfillment
of the Requirements for MC - RES 1
III - BEED BLOCK 20

Researchers;

Copla, Jorgina O.
Lorilla, Shiela Mae A.
Mayor, Angel Cyrine
Loriega, Princess Marie M.
Marjalino, Anna Mae
Belludo, Julie Ann

2023
 2

CHAPTER 1
INTRODUCTION

This study focused on the Effects of Budgeting Allowance of 3 rd year BEED

Students to their Academic Performance of Daraga Community College.

This study will also benefit the students as well as helping them to improve their

budget planning, and manage their academic performance make a recommendation

based on the respondents what are the best thing to do in budgeting their allowances

and also the things that they need to change in their budget planning. The main purpose

of this study is to find answers from the respondents as to how and where they spend

their money every day. Budget as the main subject of this study will focus on the proper

allocation of allowances of every student in order for them to properly utilize their daily,

weekly or even monthly allowances. Of course, budgeting will be different depending

upon the student. Budgeting will be more crucial most especially if the student is living in

a dormitory wherein, he himself is the master budget of his daily needs.

Students on the other hand, learn to save their allowance as they grow and meet

different requirements in school as well as things they want to buy for their own.

Budgeting is one of the practical skills that come in useful for them (Norvilitis, et al.,

2006). It helps them to attain a better understanding of financial matters that would

become handful in their future. The manner in which the students manage their money

depends on their daily needs; somehow it changes due to some factors. Students have

their personal needs, and through this study we will know how and where they generally

spend their money. The more knowledge students have about their financial

responsibility and status the less likely they are to be in debt (Norvilitis, et al., 2006).
 3

According to study women are more likely to report having a budget than men (Norvilitis,

et al., 2006). Allowance is a necessity for every student (Micomonaco, 2003). It is a

means of survival. It can also help students be financially responsible.

Money plays a vital role in every students life, being a 3 rd year college students it

must be practice on how to be a financially responsible, to be a responsible students is

not something that can be achieve within a day only, It must be taken as an attitude and

needs to put into their minds, one of these responsibilities of a student is to manage

their allowance given by their parents or guardians. Money is the most basic

requirements of life, without it, it cannot fulfill his/her basic needs and requirements of

the daily routine, the importance of money is increasing day by day as the living has

become so costly, allowance is referred to the money given by their parents or

guardians, allowance is money carried or given to a child at regular interval to teach the

child how to manage money. Every student encounter one of the challenging parts of

their life is to manage their allowance wisely. Many of the students are getting tough

times to manage or budget their money given by their money by their respective parents

or guardians as money serves now a necessity to every to every student. it is need to

put in their minds that they need to be financially responsible, a kind of responsibility

where an individual will be able to save and budget his/her money and spent it for

important purposes. But the big dilemma is that how they do it, it is believe that one of

the hardest part of budgeting the allowance of 3rd BEED 20 students is the isolation of

their wants and needs, a number of students mistakenly categorize their wants as a part

of their needs because they cannot perceive what their life is without it.
 4

As students do not have same economic status others have limited amount of

money which there exist a distinction in their budget or financial planning, through this

factors that affect the budgeting of one’s student such as gender, personalities and their

age, this study mainly focuses in knowing if the students spend weekly. Additionally,

expenses of college also depend on their course, BEED students particularly one

expected to spend a lot of for the expensive materials they used in their subject.

Recognizing this, the study therefore aims to know how BEED students of Daraga

Community College. The researcher seek to describe how much allowance are given to

BEED student in general, where they spend their allowance and how at the same time

they budget it. It will illustrate the attributes of the student toward financial matters.

Statement of the problem

This research generally aims to the research generally aims to determine the

effect of the students about the students allowance the academic performance of

DCOMC 3rd year BEED Block 20 students.

Specifically, this study shall seek answers to the following questions.

1. What are the demographic profile of the III BEED students of DCOMC in terms of:

a. Age

b. Sex

c. Financial Status

d. Marital Status

2. How do the 3rd year BEED Block 20 students of Daraga Community College manage

their allowance?
 5

3. What are the benefits of budgeting the allowance of 3rd year BEED block 20 students

to their academic performance?

Scope and Limitations

The re-searchers study is conducted only at 3 rd year BEED 20 students of

Daraga Community College, the respondents of the study are 3 rd year BEED 20

students, each of the respondents will be given a questionnaire to answer, so as to

guarantee the reasonability of gathered information, the researchers will only provide

multiple question such. This is used to evaluate and gauge the measure the amount and

the money of 3rd BEED 20 students on where and how they spend their allowance and

the impact of budgeting allowance in the academic performance of 3 rd year BEED 20

students.

This study will not cover the other problems that are not necessarily connected

from the perspective of BEED students and do not have any connection to their

challenges, such as factors that are outside of the scope of this study. The main source

of data will be the questionnaire, which was prepared by the researchers.

Significance of the study

The study deals with effects of allowance of 3rd year BEED students their academic

performance this study is significant for it will benefits the 3rd year BEED students,

parents, teachers and the researchers.

 6

Parents: As parents have different styles of giving allowance to their children,

they believed practices of the students allowance to their children can teach them to be

financially responsible. This research will provide them information regarding their child’s

expenses of which they can use the result of this study monitor on how the allowance of

the children are spent.

Administrator: Applying the proposal action plan, which could help them and

may benefit school administrators from the study’s findings.

Teachers: This study will benefit the teachers for them to the allowance

budgeting practices of the students regards to the requirements our projects they are

giving. Also, this study will inform the teachers if the budgeted allowance of the students

is enough for them to finish all the target requirements. Moreover, this study will help to

enlighten the tears to be more considerate towards students concerns needs regarding

financial budgeting.

Researchers: This research will be benefit to the researchers. This study is

significant to the researchers not only because it is requirement but this will help them.

Future researchers: this study can benefit future researchers by serving as a

source of inspiration for future studies.

References

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students

https://www.studocu.com/ph/document/arellano-university/accountancy/final-research-

group-4-abm-12-b/18445731
 7

https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1331

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students?

fbclid=IwAR3uanqq8L0iioQbDO9YaNt4KmpsphWVgaFo5b0DiNyvEdYWfPeDhzmOXyA

https://www.coursehero.com/file/p3krpoo/Being-aware-on-how-to-budget-students-

allowance-properly-can-surely-help-them-to/?

fbclid=IwAR3kYWLFi90RQAiCHr6Y7VybSVQppuIpSLYR9zESgVP_NB9RWSrXYrAuISE

CHAPTER 2

REVIEW OF RELATED LITERATURE AND STUDIES

In this chapter, the researcher will discuss the effects of budgeting allowance of

3rd year BEED students to their academic students faces. Provide the necessary

background for this chapter presents that related literature and studies which covers the
 8

study of correlation allowance with the academic performance of the respondent where

part of several literature materials will be shown to fully understand to be done.

Related Literature

Foreign

The financial status or the social economic status is commonly determined by

combining both parents’ educational level, occupational status, and the income level. In

most of the studies done on academic performance of students, it is not surprising that

financial status is one of the major factor studied while predicting academic

performance. It is believed that low financial capacity negatively affects academic

achievement because lesser financial status prevents access to vital resources and

creates additional stress at home carried out. A study on economic status in education

research and policy found that social economic background remains one of the major

sources of educational inequality and adds that an individual’s educational success

depends very strongly on the financial support of the parents. [Guirit, 2015].

Budgeting is essential for someone’s financial security, helping to ensure people

can pay everyday expenses such as lease, education cost pell grants, debts and leisure.

According to My Great Lakes [2015], it is a process proactive to financial organization,

where allows planning for both short- and long-term expenses. It way for people will

various incomes and expenses to keep their finances in order. Budgeting is Vital for

students because it allows them to plan for unforeseen expenses and school cost.

According to Sollano, Duhaylongsod. Aviso, Moneva [2018]. Due to this, several

studies have examined the effects of budgeting student’s allowance to the academic
 9

performances [Bestlink College of the Philippines Journal of Research] and daily

allowance and academic performance.

According to a study funded by IJESC in [2018], budgeting student’s allowance

has a significant effect on the student’s academic performance. And to a new study led

by Harvard, Princeton and Warwick University science, a person’s cognitive ability or a

student’s academic performance is the measurement of student achievement across

various academic subjects [Ballotpedia].

Saifi and Mehmood,2011)states that the effect of socioeconomic status on

students’ performance result revealed that parents education, Occupation and facilities

at home affects the student achievement .Many benefits for giving allowance to the

children are teaching them regarding to make a decision (limited money with unlimited

needs), giving freedom and responsibility while using money and they will learn the

value from the money. Students then wisely comes along on his to make a saving as

well as budgeting.

Local

This study, which aimed to determine the financial attitude towards budgeting,

saving, borrowing, and investing among students of a private higher education institution

in Iloilo City, utilized the descriptive research design. The stratified random sampling

method was used in choosing the 256 respondents who were drawn from a population
 10

of 714 which consisted of 382 third-year and 332 fourth-year students who had taken a

course in Personal Finance.

In a study conducted by Mone a, J., Tuñacao, M. (2020) most of its most of the

students receive their allowance in a daily basis. The allowances are used for thier

everyday consumptions and to be used for daily needs in school. The students appear

to have a peaceful thought of their financial lifestyles due to meeting financial duties with

much less level of debt. For the remaining money they have they can buy something for

their love ones and save money for future use. The budgeting technique that the

students used is a proportional type of budgeting as they allocated their allowances

based on percentage.

Barreto (2019) stated that people have always included budgeting in their daily

lives, it is always present; some people have adequate resources, while others don not.

Depending on a person's station in life, their expenses likewise vary. Students who get a

weekly allowance sometimes struggle to manage their money well. The study's findings

showed that improper budgeting has an impact on academic performance in terms of (1)

Attendance Improper budgeting led to a lack of transportation and food allowance,

impacting the student’s ability to attend class regularly and knowing the number of

outputs submitted during class discussion (2) Performance inappropriate allowance

budgeting impacts students’ capacity to complete all assignments for the class, leading

to late submission and poor-quality work. (3) Educational costs inadequate budgeting

allowance impacts the student’s ability to pay for additional educational costs, which

limits their participation in educational programs and events.

 11

Constante, Toscano (2019) agreed that both teachers students place high value

students’ academic performance since it demonstrates how well the teaching learning

process working. Effective allowance budgeting, which is outside the scope of the typical

teaching learning process, is seen to be important for the students.

Budgeting is vital for students because it allows them to plan for unforeseen

expenses and school costs. Budgeting aids students in achieving their academic and

financial objectives( Federal Student Aid, 2014). The first step in making a budget plan

to make students' aspirations a reality is to write them down. It necessitates difficult

decision-making, but creating goals will make the difficult decisions a little simpler.

Students should define short-, medium-, and long-term goals and measure their

progress toward reaching them as they develop a budget.

Related Studies

Local
The noun hedomadis referring to a group of seven or a period of seven days
derives from Greek word hepta, which means "seven;" that root also gave us
"heptathlon," an Olympic event consisting of seven events (Merriam-webster com,
2016). The term "week" is sometimes expanded to refer to other time units comprising a
few days, such as the nundinal cycle of the ancient Roman calendar, or the "work week"
or "school week" referring only to the days spent on those.

Saving is the portion of allowance which is not spend by student. Through

budgeting, student know where they will use it properly. Budgeting is a big help because

this will help student to save money. They can properly allocate their money on where

they will use it that’s why there is a big chance that their money will not be wasted.

Saving is the allocation of expendable earnings that has not been spent on utilization of

commodity goods, yet accumulated or to put money in something offering potential

 12

profitable returns, as interest, income, or appreciation in value (Business dictionary,

2016).

An allowance is not an entitlement or a salary. It is a tool

forteaching children how to manage money.” (Godfrey, 2013) Usually the allowance of

a student is given every Mondays for every week; sometimes an allowance is

given per month or given every day. An allowance is an amount given for daily pedicures

of teenagers at school to buy their needs and wants. Good money management skills

are the process of spending, saving and investing the cash of each student.

Budgeting is essential for someone's financial security, helping to ensure people

can pay everyday expenses such as lease, education cost, pell grants, debt, and

leisure. According to My Great Lakes (2015), it is a proactive approach to financial

organization, where allows planning for both short- and long-term expenses. It ensures

that people don't spend more than they earn. Budgeting is a simple, effective way for

people with various incomes and expenses to keep their finances in order. Budgeting is

vital for students because it allows them to plan for unforeseen expenses and school

costs.

Budgeting aids students in achieving their academic and financial objectives

(Federal Student Aid, 2014). The first step in making a budget plan to make students'

aspirations reality is to write them down.

It necessitates difficult decision-making, but creating goals will make the difficult

decisions a little simpler. Students should define short-, medium-, and long-term goals

and measure their progress toward reaching them as they develop a budget. However,

budgeting allowances and expenses are one of the difficulties that students encounter.
 13

This is especially problematic when a budget item's estimated value varies (Stollak,

2011). Several things influence how they budget their money.

Aquino (2018) cited that student budgeting refers to the management financial

expenses within the budget given to them. The major challenge that student faced is the

difficulty to budget their expenses and save a proportional amount every time of

contingent events since most of the students got their monthly allowance from their

parents and responsible for their own expenditures.

(Payongayong,2016) a budget is a plan expressed in quantitative terms, on how

to acquire and use the resources of n entity during a certain period of time.

A budget is a plan. And a plan may either be in a descriptive or quantitative form

(Roque 2011). Budgeting is the process of stating on quantitative terms their operations,

usually in units and pesos and planned their organizational activities for a given period

of time. Budgeting is the best approach to planning, controlling as well as cost reduction

program of the company.

Foreign

Armstrong Opoku (2015) discovered that senior high students in Kumasi

Metropolis were less knowledgeable and inexperienced with personal financial planning

and budgeting issues. Senior high school students' incompetence limits their ability to

make sound financial decisions making them more likely to face financial problems in

the real world. Minor financial issues can become overwhelming due to a lack of
 14

financial literacy, leading to financial stress, affecting other aspects of life such as

personal relationships or work performance.

Senior high school students' incompetence limits their ability to make sound

financial decisions making them more likely to face financial problems in the real world.

Minor financial issues can become overwhelming due to a lack of financial literacy,

leading to financial stress, affecting other aspects of life such as personal relationships

or work performance. In studying students' spending habits in Miri, Jin Jin (2017) found

that the students prefer to spend their own money on food because they are students

who require various foods to survive in the academic workloads. The researcher also

revealed that the gender preferences were greatly affected the budgeting of students'

allowance, where the proportion of young female respondents end up spending money

on shopping because it is a woman's thing, they enjoy exploring new things, and

shopping can help them feel better when they are sad. On the other hand, a proportion

of young male respondents love spending money on entertainment over other activities

because men prefer to play games, and half of those who play video, computer, or

online games believe that it keeps them from studying.

According to Singh et al. (2020), their study of Student Budgeting and Spending

Behavior depicts a clear picture: more than half of the students in 138 universities in

Delhi and Mumbai in India are living on a relatively limited budget to pay their bills and

support their lifestyle, which often goes unmaintained. The majority of these students'

spending is on their lifestyle and entertainment, which impacts their allowance

budgeting. The researchers discovered that students consider dining out to be their most

unavoidable expense, preceded by movies. However, an intriguing finding was also

 15

revealed: when faced with a budget deficit, more students reduced their daily

expenditure than those who asked their parents for money.

Students also prefer to save a portion of their monthly allowance, usually in cash

or in the bank, demonstrating good budgeting habits. Another study conducted by

Jeevitha and Kanya (2019) supported student budgeting and spending behavior

analysis. Their research looked into why, where, what, and how students budget their

money in India as a result of the cultural shift to westernization and the introduction of

malls. Jeevitha and Kanya also investigated the various saving and spending options

available to students and how they manage their budgets with limited allowance and

high expenses in the city of Coimbatore.

According to Nick L. Aduana (2017 p.308), people who succeeded in their

personal lives usually have a common denominator: they manage their finances

well by effective planning. Personal Financial Planning processes involve: 1)

conducting personal financial assessment, 2) setting goals and objectives, 3)

preparing financial plan or budget, 4) executing financial activities and 5)

monitoring and evaluation. This process helps a person to monitor and balance his/her

finances. Parents should teach their child on how to save their own money for future

purposes so that in the near future they will not depend on.

Synthesis of the State-of-the-Art

In most of the studies done on academic performance of students, it is not

surprising that financial status is one of the major factors studied while predicting
 16

academic performance. It is believed that low financial capacity negatively affects

academic achievement because lesser financial status prevents access to vital

resources and creates additional stress at home carried out. A study on economic status

in education research and policy found that social economic background remains one of

the major sources of educational inequality and adds that an individual’s educational

success depends very strongly on the financial support of the parents. [Guirit, 2015].

According to My Great Lakes [2015], it is a process proactive to financial organization,

where allows planning for both short- and long-term expenses. It way for people will

various incomes and expenses to keep their finances in order. According to Sollano,

Duhaylongsod. Aviso, Moneva [2018]. Due to this, several studies have examined the

effects of budgeting student’s allowance to the academic performances and daily

allowance and academic performance. According to a study funded by IJESC in [2018],

budgeting student’s allowance has a significant effect on the student’s academic

performance.

Theoretical Framework

Theory of Personal Budgeting (Garpelti, 2016) in this theory, all existing studies

informally suggest that consumers use personal budgets to manage self-control

problems, often caused by present bias, which interferes with their saving goals.

Theory of Personal Budgeting

 17

Self-control Problems

Budgeting Allowances
Minimum-savings Rule

Consumption-saving Decisions

Theoretical Paradigm: Figure 1

Conceptual Framework

The conceptual framework includes the input, process and output that were

based on the research topic entitled effects of budgeting allowances of 3rd year BEED

Block 20 students of Daraga Community College. Its Challenges. The input includes

three questions that the researchers seek answer. This question can be answered

through the data gathering procedure and by conducting survey questionnaire to the

respondents, which are enclosed in the process.

Demographic profile of 3rd year BEED Block 20 Benefits of budgeting the

the III BEED students of students of Daraga allowance of 3rd year

DCOMC in terms of: Community College BEED block 20 students

18

Conceptual Paradigm: Figure 2

References:

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students

https://www.studocu.com/ph/document/arellano-university/accountancy/final-research-

group-4-abm-12-b/18445731

https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1331
 19

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students?

fbclid=IwAR3uanqq8L0iioQbDO9YaNt4KmpsphWVgaFo5b0DiNyvEdYWfPeDhzmOXyA

https://www.coursehero.com/file/p3krpoo/Being-aware-on-how-to-budget-students-

allowance-properly-can-surely-help-them-to/?

fbclid=IwAR3kYWLFi90RQAiCHr6Y7VybSVQppuIpSLYR9zESgVP_NB9RWSrXYrAuISE

https://www.studocu.com/ph/document/arellano-university/accountancy/final

https://www.scribd.com/document/592440938/CHAPTER-II-RRL-RRS

https://econtheory.org/ojs/index.php/te/article/viewFile/2881/22778/676

CHAPTER 3

Research Methodology

This chapter reveals the method of research to be employed by the researchers

in conducting the study which includes the research design, research site, respondent of

the study, sources of data, research instrument, sampling techniques data gathering and

statistical tool.
 20

Research Design

The method used in the study was of the descriptive-Qualitative variety.

particularly Husserlian phenomenology. A descriptive study design that out of all

possibilities highlighted the relevance of each informant’s experience and connected to

the respondent’s awareness of the circumstances. This is the first step in the

phenomenological reduction process given that the study also applied epoch and

bracketing. To the broadest extent possible, any preconceptions about the phenomenon

were set aside or kept at hand. In this process ,we can completely understand what the

respondents experienced from their perspectives, purposive sampling was used to

identify samples in the study.

Sampling Procedure

Purpose sampling also known as judgements selective or subjective sampling

techniques in which researcher choose participants or purpose based on specific criteria

that are relevant to the research question or objective. The researcher used purposive

sampling techniques because the respondents are the reliable source of data. The

researcher conducted a survey to 49 students from 3 rd year BEED BLOCK 20 OF

DCOMC. it is done through survey questionnaire of their Budgeting allowance of 3rd yr

BEED 20 students of DCOMC.

Research Instrument

The questionnaire was used as the main data gathering instrument. this

instrument to be prepared focused on answering the statement of the problem. the

questionnaire will be distributed to the respondent. The date gathering instrument was
 21

structured as a scale range from 1- 4 where in the (1) is strongly disagree,(2) is

disagree,(3) is agree and the last one is( 4) strongly agree .This legend will help the

researcher to analysis the results of conducting data gathering.

Data Collection Procedure

First, the researchers wrote a letter to the office of the dean requesting

permission to conduct the study. Upon approval, the researchers prepared the survey

questionnaire and distributed it to the respondents through hard copies which are the 3 rd

year BEED Block 20 students of Daraga Community College S.Y. 2023-2024. After

submitting the survey questionnaires and other needed data in the study, the

researchers tabulated, analyzed and interpret the findings and results obtained in the

study.

Data Gathering Procedure

The researcher will use questionnaire and checklist regarding budgeting

allowance of 3rd year BEED 20 students. The total numbers of respondents are 49.

Research Site

This study will be conducted in Daraga Community College at Salvacion Daraga

Albay and the target respondent is the 3rd Year BEED 20 students.

Respondents of the Study

 22

The respond of the study are the BEED III BLOCK 20 students of DARAGA

COMMUNITY COLLEGE of Academic year 2023-2024. The researchers choose the

BEED III BLOCK 20 students as the respondents to know the effects of budgeting

allowances of 3rd year BEED students to their Academic Performance. This study

covers 49 students.

Sources of Data

This study used primary and secondary of data. Primary sources are 3rd year

BEED BLOCK 20 STUDENTS of Daraga Community College with total number of 49

respondents, The secondary sources of data are internet and any other related

resources of this data.

Sampling Techniques

Purpose sampling also known as judgements selective or subjective sampling

techniques in which researcher choose participants or purpose based on specific criteria

that are relevant to the research question or objective. The researcher used purposive

sampling techniques because the respondents are the reliable source of data. The

researcher conducted a survey to 49 students from 3 rd year BEED BLOCK 20 OF

DCOMC. it is done through survey questionnaire of their Budgeting allowance of 3rd

year BEED 20 students of DCOMC.

Reference:

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students

https://www.studocu.com/ph/document/arellano-university/accountancy/final-research-

group-4-abm-12-b/18445731
 23

https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1331

https://www.scribd.com/document/616505237/Title-1-the-Effect-of-Budgeting-Students-

Allowance-to-the-Academic-Performance-of-Abm-Students?

fbclid=IwAR3uanqq8L0iioQbDO9YaNt4KmpsphWVgaFo5b0DiNyvEdYWfPeDhzmOXyA

https://www.coursehero.com/file/p3krpoo/Being-aware-on-how-to-budget-students-

allowance-properly-can-surely-help-them-to/?

fbclid=IwAR3kYWLFi90RQAiCHr6Y7VybSVQppuIpSLYR9zESgVP_NB9RWSrXYrAuISE

https://www.studocu.com/ph/document/arellano-university/accountancy/final

CHAPTER IV

Presentation, Analysis, and Interpretation of Data

This chapter presents the analysis and interprets the data gathered by the researchers.

This chapter presents the analysis and interprets the data gathered by the researchers.

Percentile Rank
Number of Number of Percentage Rank
Scores Respondents (%)

5 33 53.33 1
 24

Based on the presented data, there is a high percentage of pupils who got the

score of 5 which consists of 33% out of 100%. There was only 13% of the pupils who got

the lowest score of 2. Upon consolidation, there are still pupils who got low scores and

they need to undergo specific interventions.

Result and discussion

Table 1.

Indicator Amount Frequency Percent

201 – 400
401 - 600
601 – 800
801 – 900 and above

Table 2.

A .Food Mean Percentage

(%)
1. I bring pack lunch of food to save allowance. always 33.3
2. I prefer to eat outside the school for more affordable choices often 24.4
of food.
3. I eat my meal at home before I go to school for less sometimes 42.2
expenses.
4. I eat snacks and meal every day in our school. sometimes 51.5
5. I spend 40%- 50% of my allowance for food. always 33.3

B. Transportation Mean Interpretation

1. I have regular school service while eliminates my Never 54.5
transportation expenses.
 25

2. I stay at school during our long vacant time to reduce Sometimes 70

transportation expenses.
3. I spend more than 50% for transportation. Sometimes 30.3

C. Luxury and Leisure Mean Interpretation

1. I spend my extra time for luxury and leisure such as going to Always 100
mall, watching movies at the cinema etc.
2. I prefer to stay at the library and read books during vacant. Sometimes 21.2
3. I prefer to go home after class to avoid unnecessary Never 18.2
expenses.
4. I use some of my money to buy the things that I want and in Sometimes 15.2
case I might need it.
5. I spend 30- 50% of my allowance for my luxury and leisure. Never 30

D. Academic Finances Mean

1. I allot 10% of my allowances for photocopy. Often 12.1
2. I allot 10% of my allowance for books. Never 54.5
3. Having project of researches increases. Always 6.1
4. My allowances is enough to cover my projects. Rarely 18.2
5. I spend 15% of my allowance for my projects. Sometimes 21.2