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Budgeting Monetary
Expenses: Difficulties
Encountered by the
Students
ARTIAGA, JOHNJOREN
ANTOLIJAO, SUMMER AMANDA
CANDANO, RAZZEL
CELESTIAL, WINDYLL LOVE
MIJOS, NHIZ SHE SHANE
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BACKGROUND
• Budgeting is one of the practical skills that come in useful for
the students (Norvilitis, et al., 2006). It is the process of
creating a plan to spend your money.

• Going to Senior High School is probably the first time

students get to experience independence. Being
independent is both a previlege and responsibility. One of
these responsibilities is managing their monetary expenses
relating to academic purposes. Allowance is a need for every
student, it is a means of survival. Being essential, it is just
right to state that students shall be able to budget their
allowance appropriately for their academic expenses. Proper
budgeting is important. If done responsibly, it can give both
the students needs and wants.

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QUESTIONS
1. What are the difficulties encountered
by the students in budgeting
monetary expenses and how do they
overcome it?
2. Is budgeting monetary expenses
important?

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SIGNIFICANCE OF THE
STUDY
This research is significant and would be beneficial to the
following:
◦ Students: This study would be beneficial to the students by
providing awareness about spending and budgeting money.
◦ Parents: This study would give the parents an idea of what
their children have spent as a student and know their
difficulties encountered in budgeting monetary expenses.
This will motivate them to become more supportive and
more understanding towards their children.
◦ Teachers: This study would give the teachers an idea on why
their students hard to pay their miscellaneous fees. Thus,
they will understand them better.
◦ Future Researchers: The future researchers will benefit this
study as their source and guide for their future studies.

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DESIGN
This study utilized a descriptive
qualitative case study to find the perceptions
of students on their difficulties encountered
in budgeting monetary expenses.

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SAMPLING
The researchers would require 12-15 participants
from Senior High School Students enrolled in
Matanao National High School. Purposive sampling
was used in selecting participants for this research,
who were at least 18 years old at the time of data
collection. One of the qualifications is that they were
either from the STEM, HUMSS, or ABM strand. This
sampling technique was utilized because it focuses
on specific characteristics of a population area of
interest, allowing the researchers to address the
research questions.

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DATA ANALYSIS
The researcher read and wrote memos about all
transcripts several times and the researcher
described thoroughly how the participants defined
and explained situations. After being immersed with
the wealth of data collected, the data was narrowed
progressively into bits and important groups of key
data. This was done through the process of coding.
The process of data analysis was done by recording
respondents' responses from the interview in
database Microsoft excel.

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INSTRUMENT
In conducting the study, the researchers
used interviews to collect data. This
qualitative interview was semi- structured
and participants were required to respond to
open-ended questions. The instruments
utilized provided additional and in-depth
information about students of their
difficulties encountered.

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