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Financial Management and Spending Behavior among 4ps Beneficiaries

Author

Listed:
  • Aquino, Michael P.

    (Cor Jesu College, Digos City)

  • Cordova, Emmanuel.

    (Cor Jesu College, Digos City)

  • Cuamag, Jeah Alyzza P.

    (Cor Jesu College, Digos City)

  • Cupal, Chianne Pearl B.

    (Cor Jesu College, Digos City)

  • Fernandez, Janine L.

    (Cor Jesu College, Digos City)

  • Geverola, Julia Heart F.

    (Cor Jesu College, Digos City)

  • Rama, Lucky Jean B.

    (Cor Jesu College, Digos City)

  • Rebusa, Shayne Antonette A.

    (Cor Jesu College, Digos City)

  • Saraum, Jessa Joy T.

    (Cor Jesu College, Digos City)

  • Suerte, Alice Mae V.

    (Cor Jesu College, Digos City)

Abstract

The rising issue of poverty has not been eradicated. It affected many lives, leading to limited access to basic needs and opportunities. Thus, the government implements Conditional Cash Transfer (CTT) Programs to provide financial assistance. However, despite its implementation, financial management is still a challenge, emphasizing the need for financial literacy and long-term economic solutions. This study explores the relationship between financial management and spending behavior among Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in Digos City. Using a quota sampling method, data were collected from 200 4Ps beneficiaries through survey questionnaires to assess their financial management practices and spending behavior. Collected data were tabulated, evaluated, and interpreted using descriptive statistics, Pearson correlation, and multiple linear regression. The results show that beneficiaries generally demonstrate strong financial management skills, particularly in saving, budgeting, and investing. Hence, there is a significant relationship between financial management and spending behavior among 4Ps beneficiaries. Respondents also displayed a positive attitude toward spending, which indicates a considerable proficiency in the area of spending. Furthermore, a significant moderate positive correlation between financial management and spending behavior was identified. Among financial management indicators, saving was a substantial predictor of spending behavior, while budgeting and investing were not. This correlational research highlights the importance of financial education and its practical application in fostering positive financial behavior.

Suggested Citation

  • Aquino, Michael P. & Cordova, Emmanuel. & Cuamag, Jeah Alyzza P. & Cupal, Chianne Pearl B. & Fernandez, Janine L. & Geverola, Julia Heart F. & Rama, Lucky Jean B. & Rebusa, Shayne Antonette A. & Sarau, 2025. "Financial Management and Spending Behavior among 4ps Beneficiaries," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(3), pages 4871-4896, March.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-3:p:4871-4896
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    References listed on IDEAS

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