Financial Literacy among Senior High School Teachers | Back
December 01, 2020 |
| Research Theme: | Human Resource Development |
| Year Funded: | 2019 |
| Year Completed: | 2020 |
| Funding Type: | Funded |
| Research Scope: | Division |
| Division: | Glenn Guira |
| Locale of the Study: | Lussoc National High School |
| Research Status: | Published |
| Publish Date: | December 01, 2020 |
| Research Type: | Basic Research |
| Fund Source: | BERF |
| Grant Amount: | Php 0.00 |
| Year Completed: | 2020 |
| Cite Research (APA): |
Abstract:
Financial literacy or financial knowledge (Huston, 2010), is essential for everyone which doesrnnot exclude public school teachers. Financial literacy permits teachers to manage theirrnfinances wisely and possess the aptitude to appreciate the wisdom of handling money. Therndescriptive-correlation study investigated the financial literacy of the senior high schoolrnteachers of the Schools Division Office of Ilocos Sur of the Department of Education. Itrninvolved 315 senior high school teachers utilizing a financial literacy questionnaire to obtainrnthe extent of their financial literacy. Frequency, percentage, mean and Pearson correlationrnwere employed to analyze data. Significant findings revealed that most of the senior highrnschool teachers are early adults, most are females, mostly bachelor’s degree holders withrnmasteral units, mostly assigned as Teacher II, earning PhP 20,000-25,000, and have attendedrn0-1 training in financial literacy. Likewise, the senior high school teachers have moderaternextent of financial literacy. In addition, it was discovered that insurance is influenced by age,rnand that living within means and investments are both influenced by sex. The researcherrnstrongly recommends the adoption/use of the long-term financial literacy program amongrnsenior high school teachers, the creation of a position of financial literacy coordinator perrnpublic school and to strengthen financial awareness to different financial products and servicesrnavailable to them.
Keywords: Financial Literacy, Correlation Research, Senior High School Teachers
Financial literacy or financial knowledge (Huston, 2010), is essential for everyone which doesrnnot exclude public school teachers. Financial literacy permits teachers to manage theirrnfinances wisely and possess the aptitude to appreciate the wisdom of handling money. Therndescriptive-correlation study investigated the financial literacy of the senior high schoolrnteachers of the Schools Division Office of Ilocos Sur of the Department of Education. Itrninvolved 315 senior high school teachers utilizing a financial literacy questionnaire to obtainrnthe extent of their financial literacy. Frequency, percentage, mean and Pearson correlationrnwere employed to analyze data. Significant findings revealed that most of the senior highrnschool teachers are early adults, most are females, mostly bachelor’s degree holders withrnmasteral units, mostly assigned as Teacher II, earning PhP 20,000-25,000, and have attendedrn0-1 training in financial literacy. Likewise, the senior high school teachers have moderaternextent of financial literacy. In addition, it was discovered that insurance is influenced by age,rnand that living within means and investments are both influenced by sex. The researcherrnstrongly recommends the adoption/use of the long-term financial literacy program amongrnsenior high school teachers, the creation of a position of financial literacy coordinator perrnpublic school and to strengthen financial awareness to different financial products and servicesrnavailable to them.
Keywords: Financial Literacy, Correlation Research, Senior High School Teachers
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