Spending Behavior of Selected ABM Senior High School Students in General de Jesus College

Abstract

Students’ spending habits are vital in shaping their long-term financial well-being. This research aims to provide insights into the spending behaviors of ABM senior high school students and identify key determinants that influence their financial choices in life. A descriptive research method was employed, utilizing the planned behavior theory. A structured questionnaire as the primary data collection tool was applied. A simple random sampling technique was administered to 204 students from senior high school ABM Strand in General de Jesus College. The questionnaire assessed spending habits for food, personal needs, academic needs, transportation, leisure and relaxation, and saving habits. The selected senior high school ABM students participated in the study. The overall findings revealed the respondents had somewhat good spending habits in discretionary spending, savings habits, impulsive purchases, and the prioritization of needs versus wants. The findings highlight the need for targeted interventions to improve spending habits further and promote responsible spending habits among senior high school students in schools. By addressing students' specific challenges, this study can provide guidance and support to empower them to make informed financial decisions. Ultimately, this research seeks to improve the financial well-being of senior high school students and equip them with the necessary skills to navigate the complex financial landscape they will encounter.