A RESEARCH STUDY ON HOW FINANCIAL PROBLEM AFFECTS THE SELF -ESTEEM OF GRADE 12

STUDENT IN TITAY NATIONAL HIGH SCHOOL

Capalac, Lyzanie

Ahmad, Diana

Rojas, Ejay
Sebial, Carmelyn
Paulin, Manilyn
Fuentes, Jessa May
Fuentes, Jessica

CHAPTER 1
INTRODUCTION

Background of study

Financial problem is a situation where money worries are causing stress. However,
senior high school has been facing financial problem lately and this problem faced by student
are known as they do not have enough money for their daily expenses, where money worries is
causing them to stress. After that, financial problem will bring impact to both mental and
physical health. According to Halliday Wynes, (2014), a student financial position will affect
their commitment in learning which will affect their academic performance.
Moreover, due to inflation and trade war, it had made most of the country facing
recession and increase the cases pf student facing financial problem. Being unable to afford
food and other essentials can make people feel that they are failures. They may internalize
negative stereotypes that they must be poor because the are incompetent and deeply flawed
as people. This low self-esteem can lead to a lock of confidence and q sense of hopelessness.
Money can affect self-esteem, but basing self-esteem on external factors, like your
financial situation, is risky. Our external circumstances can change wildly and unexpectedly. So,
when your opinion of yourself is wrapped up in what you have or don’t have- and you compare
these externals to others – your self-esteem becomes very unstable. You become easily
crushed. Money is one of those external factors that many of us latch onto for a sense pf
validation. And money can interact with our self-esteem in variety of ways.
Therefore, we have conducted research to show the impact to senior high students
academic performance if they don’t take time to manage their money and ways to solve it.

Statement of the problem

This research study aims to determine the correlation between financial problem and
self-esteem as well as the effectiveness of the purpose of the research, the following research
question needs to be answered.

1.) What is the level of financial problem of G-12 students?

2.) What is the level of self-esteem of G-12 students?
3.) Is there a significant relationship between Financial Problem and Self-esteem?

Significance of the study

The purpose of this study is to provide critical information and knowledge
regarding our chosen topic from the respondent if financial problem and Self-esteem
affect to the student facing this kind of problem.
Student
The results will provide the students with some knowledge. It will gives the student an
information about this certain topic. It also gives the students a full guidelines on the
Self esteem leads Financial problem . And the end of this study students would finally
know why financial problem leads Self esteem.
Teacher
The given data would guide the teacher to have the deeper understanding about this
study and for them to identify the different factors of why Self esteem leads Financial
problem.
Parent
Like the teachers, the parents too will understand why their children skip classes
through with given data. The given data would help them formulate some preventive
measures to help their children skipping the classes. The findings would also help them
learn the action of their children.
Future researchers
This research will be useful for the researchers who would plan to make any related
study precisely to understand.