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Abstract

This study assessed the financial literacy of Pantawid Pamilyang Pilipino Program beneficiaries, focusing on parents of Grade 11 students at St. Francis Episcopal School of Upi, Inc. The findings revealed varying levels of financial literacy, with respondents demonstrating a literate understanding of budgeting and saving but facing challenges in practical application. The study emphasizes the need for targeted financial education programs to enhance practical skills and empower these families towards greater financial stability.

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Abstract

This study assessed the financial literacy of Pantawid Pamilyang Pilipino Program beneficiaries, focusing on parents of Grade 11 students at St. Francis Episcopal School of Upi, Inc. The findings revealed varying levels of financial literacy, with respondents demonstrating a literate understanding of budgeting and saving but facing challenges in practical application. The study emphasizes the need for targeted financial education programs to enhance practical skills and empower these families towards greater financial stability.

Uploaded by

mayordomowinston69
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ABSTRACT.

This quantitative descriptive study investigated the financial literacy of Pantawid

Pamilyang Pilipino Program (4Ps) beneficiaries, specifically parents of Grade 11 students at St.

Francis Episcopal School of Upi, Inc., during the 2024-2025 academic year. The research aimed

to assess the current status of financial literacy among these beneficiaries, focusing on budgeting

and saving practices, and to understand their demographic profiles. Employing a cross-sectional

design, the study utilized a Likert-scale survey adapted from validated measures to gather data

from 63 randomly selected parents. The survey instrument captured demographic information,

including age, sex, ethnicity, religious affiliation, and monthly income, and evaluated

respondents’ attitudes and behaviors related to budgeting and saving. Descriptive statistics,

including frequencies, percentages, means, and standard deviations, were used to analyze the

collected data. The demographic profile of the respondents revealed a diverse representation in

terms of age, ethnicity, and religious affiliation, reflecting the local community. The analysis of

budgeting and saving practices provided insights into the respondents' self-reported financial

behaviors. The study found varying levels of financial literacy, with some respondents

demonstrating strong budgeting and saving habits, while others indicated areas needing

improvement. The findings highlight the importance of targeted financial education programs to

enhance the financial literacy of 4Ps beneficiaries. The results of this study offer a baseline

understanding of the financial literacy levels among 4Ps beneficiaries in the specific context of

St. Francis Episcopal School of Upi, Inc. The study underscores the need for tailored

interventions that address the specific needs and challenges faced by these beneficiaries. By

identifying the strengths and weaknesses in their financial literacy, stakeholders can develop

effective strategies to promote financial well-being and empower these families to achieve
greater financial stability. The data collected will be beneficial for future interventions and

programs.

The study revealed that Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries,

specifically parents of Grade 11 students, demonstrated a "LITERATE" understanding of both

savings and budgeting, with overall weighted means of 2.84 and 2.73, respectively. While

respondents acknowledged the importance of saving and budgeting, practical application proved

challenging, evidenced by lower means in areas such as consistent saving habits, trust in

financial institutions, and adherence to budgets. Notably, many respondents struggled to save

amidst immediate financial needs, as indicated by the "FAIRLY LITERATE" rating for the

statement "I spend all the money on everyday needs and do not save anything." The findings

underscore the necessity for targeted financial education programs that emphasize practical

skills, build trust in formal financial systems, and provide strategies for managing limited

incomes, thereby empowering beneficiaries to achieve greater financial stability.

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