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ABM Students' Budgeting Habits

The document outlines a study to determine the personal budgeting practices of ABM (Accountancy, Business and Management) students. It aims to examine students' profiles, budgeting practices in areas like transportation, food, leisure and savings, and whether these practices differ based on student characteristics. An input-process-output framework is presented, with inputs as student profiles, the process as data collection and analysis, and output as students' budgeting practices. The study aims to provide insights for parents on allocating allowances and monitoring spending, and enhance student awareness of budget planning importance. Key terms like allowance and budgeting practices are also defined.

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Abegail Duhan
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167 views4 pages

ABM Students' Budgeting Habits

The document outlines a study to determine the personal budgeting practices of ABM (Accountancy, Business and Management) students. It aims to examine students' profiles, budgeting practices in areas like transportation, food, leisure and savings, and whether these practices differ based on student characteristics. An input-process-output framework is presented, with inputs as student profiles, the process as data collection and analysis, and output as students' budgeting practices. The study aims to provide insights for parents on allocating allowances and monitoring spending, and enhance student awareness of budget planning importance. Key terms like allowance and budgeting practices are also defined.

Uploaded by

Abegail Duhan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Statement of the Problem

The objective of this study is to determine the personal budgeting practices of the
ABM Students. It aimed to answer the following sub-problems:

1. What is the profile of the students in terms of:

1.1 Age

1.2 Gender

1.3 Year Level

1.4 Class Schedule

1.5 No.of class days per week

1.6 Allowance

2. What are the personal budgeting practices of the ABM students as to:

2.1 Transportation

2.2 Food

2.3 Luxury and Leisure

2.4 Projects and Books

2.5 Communication

2.6 Savings

3. Is there a significant difference on students’ personal budgeting practices and their


profile?
Conceptual Framework

INPUTS PROCESS

Profile

 Age  Data gathering

 Gender  Analytical
procedures
 Year Level
 Statistical procedures
 Class Schedule

 No.of class per week

 Allowance per day


Variable
 Transportation
Output
 Food Budgeting practices of students

 Luxury and Leisure

 Projects and Books

 Communication

 Savings
Figure 1.Research Paradigm

The diagram shows the organizations of ideas..

The proponents opted to use Input-Process-Output diagram. The first box shows the
inputs needed to gather data. These are the variables specific to each respondent. The
second box represents the how the data will be gathered and the tools to be used in
analyzing the data. The last box will be the result which is the main focus of this
study.

Significance of the Study

For the parents, parents has different opinions about giving allowance to their
children, because they believe that they should provide the needs of their children and
also believe that giving their children allowance is a good way to teach them on their
financial responsibility. This research will give them idea on the amount of money
they will allocate to their children and to monitor, on how their children spend their
allowances in the different variables given.

To the Researches, we, the researcher, the study itself is significant to us, not only, it
is required for us to conduct but also it give us the awareness and a chance to inform
the users of the research, on how the variable; Transportation, Meal, Luxury, and
Projects affect the students on their allowance budgeting practices. Also, it enhances
the students’ awareness as to the importance of planning a budget. They say the key is
financial success is to be well aware of how to spend your money.

Definition of Terms

Allowance

Budget-

Budgeting -

Budgeting Practices - the usual habit of students in spending their allowances and
managing their finances

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