Financial management practices of SPUP employees and related factors


  • Charito M. Guillermo, DBM
  • Marjorie L. Bambalan, MBA
  • Shirley A. Enriquez, MBA


financial management, financial management practices, investment practices, saving, spending, borrowing


The study aimed to assess the financial management practices
of SPUP employees. Furthermore, it investigated the related
factors affecting these practices, problems encountered in financial
management, and initiatives to address them. This study employed
the quantitative descriptive method to assess the participants’
spending, borrowing, saving, and investing practices. Ninety-three (93)
employees were obtained through stratified sampling to include office
staff, faculty, and lay administrators. Data were obtained through a
survey questionnaire. Survey responses were further validated through
a follow up interview. Data were treated using frequency counts,
percentages, weighted mean, and rank. Results show that employees
are cautious in their spending, have a positive attitude towards
savings; however, they have little interest in investing. Participants
consider spending as a means of rewarding themselves and this is
only appropriate when buying items on discounted prices. For them,
borrowing is appropriate for emergency needs. In addition, a major
consideration for saving is to think of unexpected expenses in the future.
A common reason for investing is to elevate living standards in the
future. Among the problems they encounter in financial management
is their lack of control in spending, not having the time to manage and
plan finances, and not being able to differentiate wants from needs.



How to Cite

Guillermo, C. M. ., Bambalan, M. L. ., & Enriquez, S. A. . (2019). Financial management practices of SPUP employees and related factors. SPUP Research Digest, 21(1). Retrieved from