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DIYIP

Volume no. 2 | 2022/10
Issue no. 1


Title
“ALA PERA EH”: THE RELATIONSHIP BETWEEN THE PERSONAL INCOME OF EMPLOYED BATANGUEÑOS AND THEIR AWARENESS LEVEL ON FINANCIAL LITERACY
Author
Kiersten Rose G. Mercado Leanzy Aeriel D. Carag Luis Marcelo D. Joaquin Edith G. Leynes Dr. Amelita J. Driz
Views: 362 Cited: 2
Downloads: 2
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Abstract
This paper entitled “‘ALA PERA EH’: The Relationship Between the Personal Income of Employed Batangueños and Their Awareness Level on Financial Literacy” was conducted to extensively define financial literacy and its core ideas in the Batangueño context, specifically to the employed population whose remuneration is regularly received. The purpose of this study was to determine the degree of understanding of employed Batangueños toward different lessons of financial education on specific aspects of theory and application. It also focused on the analysis of how the course of financial literacy is being implemented and whether personal income can be a standard basis to infer an employed Batangueño’s background knowledge on the subject matter. The study utilized correlational research design in order to determine the existence of a relationship between the two variables: personal income and awareness level on financial literacy. In data gathering, an online survey questionnaire was disseminated to obtain significant data which later served as the findings to complete the study. From analysis of results, the researchers concluded that there was no significant correlation between the personal income of employed Batangueños and their awareness level on financial literacy as the respondents variedly agreed on statements pertaining to basic financial concepts and activities regardless of the personal income range they were included. This strengthened the notion that the implementation of financial literacy is based on how they perceive the topic and how well they know what concepts are within financial education. In the end, the researchers devised a modified approach to financial literacy programs, a mobile application, and an action plan which would focus on creating changes in the current curriculum of financial education and introducing innovations to practice financial knowledge among employed Batangueños.
Keywords
financial literacy, financial education, basic financial concepts, financial activities, correlational research, revisions, curriculum, technology-based
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