FOREIGN LIT

Compulsive buying is when a person doesn’t know how to manage his or her
financial in a buying-decisions. Most of the students in US which particularly in college
level revealed that compulsive buying depend on the amount that they has in the credit
card debt that they are the one accountable to pay for all the things that they purchase. It
says here that there are suggestions to not exactly explicit the compulsive buying of
students but to reduce it.

https://www.infona.pl/resource/bwmeta1.element.wiley-ijcs-v-35-i-1-ijcs923

Financial Capability is a knowledge on how you will manage your money, the
willingness to put that knowledge into practice. It is very important in our lives because it
is like an attitude. An attitude having a confidence to put your skills about money into
practice. It will help you to be financially stable and prepared. Financial Capability
includes managing money well day-to-day, planning and saving for the future, preparing
for the future and unexpected events, and using credit well but avoiding unmanageable
debt. If you are financially capable, you are likely to develop positive financial behaviors
and make positive financial decisions.

https://www.fincap.org.uk/en/articles/what-is-financial-capability

LOCAL STUDIES

This study act in accordance with the recommendation when it comes to the
spending habits other areas to determine financial literacy of a student. Out of 9636
number students there are 140 students from different private schools in Bacolod City
says that there are no sufficiently great difference in the financial literacy of the students
specifically in senior high level when it comes to thelevel of financial literacy when
participants are grouped according to grade level, district andfamily monthly income. But
the alternative hypothesis of this, there is a significant difference when students classify
based on their sex. And the most important is to know and educate the senior high
students regarding on their spending habits, saving habits and financial knowledge.

https://www.academia.edu/39729084/Financial_Literacy_of_Senior_High_School_Stude
nts_in_Bacolod_City
 FOREIGN STUDIES

There have a lot of different teas but the most popular tea is MACCAO which
many in the ABM students put money into buying a Maccao tea. Tea contains
antioxidants it has less caffeine than coffee it may reduce your risk of heart attack and
stroke it can also may help with weight loss Tea may help protect your bones and keep
your smile bright.Tea also has antibacterial properties that help strengthen the immune
system. With the positive thoughts and comments from the consumers of Maccao Milktea
will most likely continue to be a favorite.

The Macao milk tea has many variations when it comes of flavor and colors.
Because of the flexibility, Macao tea became one of the most popular tea. Because of
people who buy continuously they developed and increase the number of milk tea stores
all over the world. Macao tea has a different combinations to the traditional milk tea that
suits every taste of costumers. Deterring the opinions of consumers can help to develop
their strategies that could lead in to a loyal customers.

file:///C:/Users/me/Downloads/Factors_Affecting_Consumers_Buying_Behav.pdf
Since Milk tea entered the mainland market,, the Macao milk tea gained attention
from the public. With the popularity of milk tea, many online famous milk tea brands
attack many costumers. The online selling milk tea become a kind of daily activity
through the network. If there is a milk tea store you will notice people who are lining up
in the street just to get their milk tea; what’s more is that, people can share their milk tea
in circle of friends. In many brands Macao milk tea has attract people’s view.

file:///C:/Users/me/Downloads/25900573.pdf

LOCAL LIT

https://www.yummy.ph/news-trends/milk-tea-trend-history-philippines-a00261-
20190307-lfrm2

Milk tea craze starts in the year of 2008. The people start loving and craving for
milk tea for some reasons. They became milk tea fan and they grow very fast. They
bought milk tea everywhere even if some milk tea stores are expensive and also, has a
long line. Before, milk tea is not popular in the Philippines yet. Only Iced tea are popular
in the Philippines. Like, Nestea Iced Tea, Lipton Iced Tea, C2 drink and many more.
Milk tea starts to be in trend because of Serenities. It is the milk tea store who made the
people loved milk tea and as the time goes by, Macau Milk Tea popped up and became
the favorite milk tea store of many Filipinos.
https://www.cosmo.ph/lifestyle/food-drink/macao-imperial-tea-philippines-honest-
review-a1085-a704-a2520-a859-20190319-lfrm

Macao Imperial Tea is a famous tea spot that first arrived in the Philippines in the year
2017 located in Banawe, Quezon City. Macau has a hundred branches around the world
such as in Macau, China, Vietnam and US. Then, it starts popping up here in the
Philippines. Many people write a review about this tea store. They like Macau Imperial
Tea because of the chewiness of its pearl. Some people said that they like Macau because
it is the best milk tea they’ve tasted because it not too sweet and it will not make you
‘umay’. The people who reviewed the Macau Imperial Tea will probably buy or drink it
again because they’ve liked it.

https://lttlstps.wordpress.com/2018/04/08/macao-imperial-tea-in-cebu/

People loved Macao Imperial Tea because it is a place not just for Milk tea fans
but also, for Coffee lovers. They have various types of drinks like: Coffee, Tea,
Milkshake, Milk tea, Soda and other Special drinks. They loved to hang out or chill in
Macao Imperial Tea stores because they have comfortable sofas for their customers, great
atmosphere or ambiance, and they are generous in terms of electrical sockets. Their
customers stay longer on the Macao stores because they have their own electric sockets in
each of the table and that is a big help to the customers. Some of that are the reasons why
people loved and continuously buy Macao Imperial Tea.