Republic of the Philippines
Department of Education
Region II – Cagayan Valley
Schools Division of Nueva Vizcaya
BAMBANG NATIONAL HIGH SCHOOL
Bambang
CHAPTER 5
CONCLUSION AND RECOMMENDATION
Summary
This study aimed to investigate the level of financial literacy and spending habits grade
12 students. It delved into how understanding financial concepts affected their daily spending
choices. It tested if there is a significant relationship between the financial literacy and spending
habits of grade 12 students. There were 249 respondents chosen randomly. Mean and pearson r
were used as a statistical tool.
Findings
Based from the statistical result, the following are the findings of the study:
1. G
2. G
3. G
Conclusions
Based from the findings, the following conclusions are drawn:
Republic of the Philippines
Department of Education
Region II – Cagayan Valley
Schools Division of Nueva Vizcaya
BAMBANG NATIONAL HIGH SCHOOL
1. Grade 12 students demonstrate moderate to high levels of financial literacy, with strong
knowledge of financial concepts and confidence in managing finances. However, there are
gaps in its practical application, particularly when it comes to budgeting.
2. Grade 12 students show both responsible spending habits through saving and price
comparison and impulsive spending behaviors when buying for friends and making
unexpected purchases. The practice of mindful spending through expense tracking occurs not
often among students.
3. Financial literacy shows a significant relationship with spending habits among Grade 12
students. Students who demonstrate higher financial literacy levels tend to spend their money
more responsibly which shows that financial knowledge strongly affects actual financial
actions.
Recommendations
Based from the conclusions, the following are hereby recommended:
1. The results indicate the need for continued efforts of higher educational institutions in this
respect more practical and activity-oriented approaches must be integrated within content
coverage for Grade 12 students so that not only is theoretical knowledge strengthened but
also skills such as budgeting, decision-making, etc. are worked on. Also, offer about
budgeting and financial management workshops or interactive seminars along with
additional resources and training forms, such as not spending with an impulse and tracking
daily expenses. Such workshops or initiatives should cover useful money management
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Republic of the Philippines
Department of Education
Region II – Cagayan Valley
Schools Division of Nueva Vizcaya
BAMBANG NATIONAL HIGH SCHOOL
aspects like more effective budgeting tools, as well as tactics for resisting impulse
purchases.
2. Students should learn practical money management through direct instruction of basic
budgeting techniques and examples of financial planning for goal achievement. Students
need to learn about various savings methods and proper spending techniques that they can
use in their daily lives.
3. Schools can help students enhance their financial management skills by teaching them
strategies to avoid spending and emphasizing the significance of saving money over impulse
satisfaction.
4. Future research should try to study why students know about money but still struggle with
things like budgeting and impulse buying. It would also be useful to know which money
lessons actually lead to better spending habits and whether or not feeling good about
handling money really means students make smart choices.
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Republic of the Philippines
Department of Education
Region II – Cagayan Valley
Schools Division of Nueva Vizcaya
BAMBANG NATIONAL HIGH SCHOOL
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