A DESCRIPTIVE RESEARCH ON ALLOWANCE AND BUDGET OF ABM SENIOR HIGH STUDENTS (GRADE 11-12) OF ST. MICHAEL'S COLLEGE IN ILIGAN CITY CHAPTER 1 The Problem and Its Background DOCX

Title A DESCRIPTIVE RESEARCH ON ALLOWANCE AND BUDGET OF ABM SENIOR HIGH STUDENTS (GRADE 11-12) OF ST. MICHAEL'S COLLEGE IN ILIGAN CITY CHAPTER 1 The Problem and Its Background
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Summary

A DESCRIPTIVE RESEARCH ON ALLOWANCE AND BUDGET OF ABM SENIOR HIGH STUDENTS (GRADE 11-12) OF ST. MICHAEL’S COLLEGE IN ILIGAN CITY CHAPTER 1 The Problem and Its Background This chapter covers the introduction, background of the study, statement of the problem, conceptual framework, scope and delimitat...

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A DESCRIPTIVE RESEARCH ON ALLOWANCE AND BUDGET OF ABM SENIOR HIGH STUDENTS (GRADE 11-12) OF ST. MICHAEL'S COLLEGE IN ILIGAN CITY CHAPTER 1 The Problem and Its Background This chapter covers the introduction, background of the study, statement of the problem, conceptual framework, scope and delimitation, significance of the study and definitions of terms. Introduction Going to Senior High School is an important part of any person's life. It is probably the first time students get to experience independence. Being independent is both a privilege and responsibility. To be a responsible student isn't something that can be achieve overnight. It needs to be put in mind and be an attitude. One of these responsibilities is managing their allowance (Kazmier,2004). One of the challenges that every student encounter is to manage the money their parents provide them. Many students are having a hard time in terms of budgeting their allowances. Money as one of the main necessity plays a significant role in every student to survive Senior High School (Babbie, 1997 ). Students on the other hand, learn to save their allowance as they grow and meet different requirements in school as well as things they want to buy for their own. Budgeting is one of the practical skills that come in useful for them (Norvilitis, et al., 2006). It helps them to attain a better understanding of financial matters that would become handful in their future. The manner in which the students manage their money depends on their daily needs; somehow it changes due to some factors. Students have their personal needs, and through this study we will know how and where they generally spend their money. The more knowledge students have about their financial responsibility and status the less likely they are to be in debt (Norvilitis, et al., 2006). According to study women are more likely to report having a budget than men (Norvilitis, et al., 2006). Allowance is a necessity for every student (Micomonaco, 2003 ). It is a means of survival. It can also help students be financially responsible. Being essential, it just is right to state that...

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A DESCRIPTIVE RESEARCH ON ALLOWANCE AND BUDGET OF ABM SENIOR HIGH STUDENTS (GRADE 11-12) OF ST. MICHAEL'S COLLEGE IN ILIGAN CITY CHAPTER 1 The Problem and Its Background
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