SAN DIEGO PAROCHIAL SCHOOL

Polo, Poblacion 1, Valenzuela City

Senior High School Department

THE RELATIONSHIP BETWEEN PURCHASING HABITS

AND FINANCIAL MANAGEMENT PRACTICES OF
GRADE 12 STUDENTS IN SAN DIEGO PAROCHIAL
SCHOOL
A Research Presented to the Faculty of
Senior High School Department
San Diego Parochial School

Avendaño, Rose Nadine V.

Bautista, Bea Joy B.
Santos, Zyrine Shanne F.
Suatengco, Matthew Clarence V.
Suello, Railey James M.
Tura, Ma. Julianna O.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Introduction
• The purchasing habits of a student are developed patterns of behavior that are
followed on a regular basis. It has a significant role for it allows them to
understand their financial situation and keep their spending under control.
Furthermore, it is critical to establish a financial management foundation in
order to acquire a clear awareness of purchasing behaviors. As a result,
individuals, particularly students, must understand how their purchasing
patterns relate to their financial management practices.
• This study aims to determine the relationship between purchasing habits and
financial management practices and to improve the Grade 12 students' ability
to handle their daily life finances and purchasing habits.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Statement of the Problem

This study seeks to answer the following question:
Main Problem:
1. Is there a significant relationship between the purchasing habits and financial
management practices of grade 12 students in San Diego Parochial School?
While the following questions will help further understand and provide the needed
information in addressing the main problem.
Sub-problems:
1. How will purchasing habits of the respondents be measured?
2. How will financial management practices of the students be measured?

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year 2021-
2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing habits
and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.
• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year 2021-
2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing habits
and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.
• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year 2021-
2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing habits
and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.
• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing habits
and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.
• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing
habits and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.
• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing
habits and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.

• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing
habits and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.

• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing
habits and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.

• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Scope and Limitation

• The study is limited to selected Grade 12 students of San Diego Parochial School, Academic Year
2021-2022. It will focus on determining the relationship between students' purchasing habits and financial
management.
• However, there are limited studies that have been conducted on the relationship between purchasing
habits and financial management practices that mainly focus on students. Also, the study might only be
applicable to San Diego Parochial School in the academic year 2021-2022.

• The procedure that will be used for gathering information is Simple Random Sampling. The researchers
will acquire all information and conclusions from this study, which will include 91 out of 117 randomly
selected grade 12 students as respondents. The instrument that will be used to gather data for the
respondents is modified.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Significance of the Study

Students Parents Entrepreneurs Teachers Future Researchers

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Definition of Terms
Budgeting. This refers to the formal expression of plans, goals, and objectives of management that covers all
aspects of operations for a designated period (Shim, et al., 2012, p. 1). As used in the study, this refers to the
process of creating a plan to spend your money.

Financial Management. This refers to the process of acquiring and disbursements of funds (Goel, 2016, p. 1).
As used in the study, this refers to applying general management principles to financial resources of the
students.

Impulse Buying. This refers to the type of purchase that won’t require much time in making the purchase
decision (Nagadeepa, et al., 2021, p. 6). As used in the study, this refers to the unplanned decision by a
consumer to buy a product or service, made just before a purchase.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Definition of Terms
Personal Finance. This refers to the most important life skill to master, yet it is one of the few topics rarely
covered in schools (Butler, et al., 2018, p. 16). As used in the study, this refers to managing your money as
well as saving and investing.

Purchasing Behavior. This refers to the choice and acts individuals embrace to purchase items for individual
or gathering use (Krishna, 2013, p. 26). As used in the study, this refers to the ways and practice of the
students in buying.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Review of Related Literature

A. The Purchasing Habits of Students

• “Purchasing habits are an acquired outline of behavior that is done regularly. Good
spending habit is an important tool to one’s financial success.” (Bona, 2018)
• “There are different functions of purchasing habits depending on the individual
who usually handles them on a regular basis, and it might be connected to
individual behaviors.” (Avellana et al., 2021)
• “The purchasing habits of customers are affected by lifestyle and habits,
particularly when choosing foods, clothes, and gadgets that are suitable for the
preferences of certain individuals.” (Endri et al.,2020)

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Review of Related Literature

B. The Financial Management Practices of Students
• Financial management can be manipulated by the behavior and how the
money will be managed by certain individuals (Falahati, 2014).
• “Financial management is a complex set of behaviors and decisions that
can change as a function of the importance and difficulty of
implementing the behavior, as well as of people’s capabilities, skills, and
opportunities to perform such behaviors.” (Topa et al, 2018).
• “Financial management is one of the most important concepts in
finance. There is an increased need for better ways of evaluating
companies' performance.” (Nobanee, 2019).

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Conceptual Framework

Financial
Purchasing
Management
Habits
Practices

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

Methodology
Research Design
This qualitative study uses correlational research design as a way to gather information that will
determine the link between variables.
Research Locale
The study will be conducted in randomly selected Grade 12 students in San Diego Parochial
School, Poblacion 1, Polo, Valenzuela City, Philippines during the Academic Year 2021-2022.

Respondents of the Study

The population of the study consists of ninety-one (91) out of one hundred seventeen (117) Grade
12 students in San Diego Parochial School. Moreover, the researchers will use Simple Random
Sampling as a method to select a respondent.
THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL
MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department
Instrumentation
• The study will use survey questionnaires and scales.
• The survey questionnaire consists of twenty-five (25) questions that will be distributed to the
students. It consists of three (3) different sections:
• demographic aspects including sex, age, and strand
• purchasing habits of the students
• financial management practices of the students
• The instruments are modified based on the previous survey and study of International Network
on Financial Education [INFE] (2011) and Azer and Mohamad (2018)
• This also includes a 4-point Likert Scale with a scale of 4 (Strongly Agree), 3(Agree), 2
(Disagree), 1 (Strongly Disagree).
• No survey questionnaire session will be conducted without the approval of the respondents
and their parents/guardians.
• All questions will be administered professionally between respondents and researchers through a
platform called Google Sheet Form.
THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL
MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department
Data Gathering and Procedure
• Phase I
To start the data collection, a letter of approval will be submitted to the rector of the San
Diego Parochial School, Reverend Fr. Xavier Domingo M. Salonga which will also be passed on
through Sr. Susana B. Bundoc O.P., the school principal.
• Phase II
After the compliance and verification of the consent letter, the researchers will provide a
questionnaire to be able to gather the quantitative data.

• Phase III
The researchers will distribute the research questionnaire to the respondents electronically
through Google Sheet Form. After that, the researchers will gather and analyze it and the study's
data to determine the relationship between purchasing habits and financial management practices
of Grade 12 students at San Diego Parochial School.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department
Data Analysis
• In summarizing the demographic characteristics of the respondents, descriptive statistics will
be applied.
• For categorical variables, frequency and proportion were used.
• Furthermore, continuous quantitative data that satisfied the normal assumption was analyzed
using Pearson's Correlation or Pearson's R.
• To determine the link between the variables of purchasing habits and financial management
practices, an independent T-test will be employed.
• At the 0.05a level of significance, the null hypothesis was rejected.
• The researchers will use Microsoft Excel Analysis Test.

Ethical Issues
At this moment, there is no arising ethical issue or issues regarding the research. The respondents
of the research are not coerced to take part in the study.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022
 SAN DIEGO PAROCHIAL SCHOOL
Polo, Poblacion 1, Valenzuela City
Senior High School Department

THE RELATIONSHIP BETWEEN PURCHASING HABITS

AND FINANCIAL MANAGEMENT PRACTICES OF
GRADE 12 STUDENTS IN SAN DIEGO PAROCHIAL
SCHOOL
A Research Presented to the Faculty of
Senior High School Department
San Diego Parochial School

Avendaño, Rose Nadine V.

Bautista, Bea Joy B.
Santos, Zyrine Shanne F.
Suatengco, Matthew Clarence V.
Suello, Railey James M.
Tura, Ma. Julianna O.

THE RELATIONSHIP BETWEEN PURCHASING HABITS AND FINANCIAL

MANAGEMENT PRACTICES OF GRADE 12 STUDENTS IN SAN DIEGO May 2022