Effects of Financial Shortage to the Academic Performance of Grade 12 ABM students in Bestlink College of the Philippines SY 2018-2019

Abstract

As the years pass, we encounter a lot of things where we use our money. We cannot control the use of our money every day, everywhere or anytime we usually use it. Not all the time we can maintain our treasures or money, that is why there is a possibility that financial issues or simply financial shortage will occur. Here in the Philippines, we already know that a lot of students stopped their studies and one of their reasons is the lack of money, while some of them found a job and worked while studying to sustain their personal and school needs. This research topic helps the student become aware of its effect and also on dealing with it. This study was about the financial shortage usually faced by a lot of students. This will be focused on the grade 12 ABM students in an attempt to find any solutions to this problem. The financial shortage will be considered as one of the common problems faced by the majority of the students. The descriptive research design was used to describe the problem. By using descriptive research, researchers can effectively design a pre-structured questionnaire with both open-ended and closed-ended questions. The information collected from the responses of the respondents can be statistically presented for the easy interpretation of the report users. Since the researchers are trying to analyze the customer opinion, attitude, behavior, and satisfaction level concerning services and products, the researchers should effectively use this method to statically analyze the data. Based on the findings of the research, most of the ABM students experienced financial shortages that can affect their academic performance as well. Students can’t go to school regularly. As students and researchers as well, we recommend that we need to save our money. We can put it in a savings account; this strategy can help us in our future. Even though we don’t have enough money, we need to pursue our dreams by studying. Students should know how to budget or manage their finances properly. The school or teachers should help the students in saving their money for future needs.