Author
Listed:
- Dr. Merryrose R. Palma
(College of Business and Accountancy, Marinduque State University)
- Allysa Kate Q. Lacdao
(College of Business and Accountancy, Marinduque State University)
- Wendy B. Mogol
(College of Business and Accountancy, Marinduque State University)
- Sarah Jane M. Muhi
(College of Business and Accountancy, Marinduque State University)
Abstract
This study examined the association between budgeting practices and health wellness among senior citizen social pensioners in Mogpog, Marinduque, Philippines. Anchored on the Theory of Planned Behavior and Dunn’s Theory of Wellness, a quantitative descriptive–correlational design was employed involving 263 senior citizen social pensioners from 11 barangays. Data were collected using a validated survey instrument measuring budgeting practices attitude toward budgeting, subjective norms, perceived behavioral control, behavioral intention, and actual budgeting behavior and health wellness across physical, mental, and social dimensions. Descriptive statistics, reliability testing, non parametric tests, and multivariate analysis were used to ensure analytical rigor. Results revealed that respondents generally demonstrated strong budgeting practices (grand mean = 3.89) and favorable health wellness outcomes (grand mean = 4.18). However, correlation and multivariate analyses indicated no statistically significant association between budgeting practices and health wellness (rs = 0.05, p = 0.42). Significant differences in budgeting practices were observed when respondents were grouped by gender and living arrangement, while no significant differences were found across marital status and educational attainment. The findings suggest that among low-income senior citizens reliant on social pensions, wellness is shaped more by structural and social determinants such as healthcare access, family support, and pension adequacy than by individual financial behavior alone. The study underscores the need for integrated financial, health, and social support interventions to enhance elderly well-being in rural communities.
Suggested Citation
Dr. Merryrose R. Palma & Allysa Kate Q. Lacdao & Wendy B. Mogol & Sarah Jane M. Muhi, 2025.
"Investigating the Relationship Between Budgeting Practices and Health Wellness Among Senior Citizen Social Pensioners,"
International Journal of Latest Technology in Engineering, Management & Applied Science, RSIS International, vol. 14(12), pages 1030-1041, December.
Handle:
RePEc:bjf:ijltem:v:14:y:2025:i:12:a:855
DOI: 10.51583/IJLTEMAS.2025.1412000092
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjf:ijltem:v:14:y:2025:i:12:a:855. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://www.ijltemas.in/ .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.