Financial Literacy, Perspectives and Practices of Entrepreneurs in the Nueva Vizcaya Agricultural Terminal (NVAT)
Journal Title: Psychology and Education: A Multidisciplinary Journal - Year 2023, Vol 7, Issue 9
Abstract
This study focused on the assessment of the level of financial literacy, perspectives and practices of entrepreneurs in the Nueva Vizcaya Agricultural Terminal (NVAT). Specifically, it targeted to determine these aspects of financial management in terms of other sources of income, expenditures, savings, investments and loans; including the identification of interrelationships among variables. An adopted three-part questionnaire was distributed 74 randomly selected business owners in NVAT with 0.9859 power using the G*power calculator. Both descriptive and inferential statistics were utilized. It was found that the financial literacy of the business owners was satisfactory, exhibiting a positive financial perspective and good financial practices. Constraints in financial literacy have a significant strong association with the financial perspectives of the respondents in terms of other sources of income, expenditures, savings, investments and loans. Lastly, financial literacy also exhibited a significant relationship with components of financial practices in terms of access and information about the financial obligations.
Authors and Affiliations
Myra Faye Esquibal
Keywords
Related Articles
- EP ID EP728521
- DOI https://doi.org/10.5281/zenodo.7750840
- Views 100
- Downloads 0
Strengths, Weaknesses, Opportunities, and Threats of CVIF-DLP Utilization in Selected Private Schools in the Division of Quezon
Central Visayan Institute Foundation-Dynamic Learning Program (CVIF-DLP) is a program centered on activity-based multi-domain learning wherein the students should work independently. This quantitative study analyzed the...
Intractable English Language Implementation as a Learning Strategy
English is not a second language that is frequently used in the Philippines; rather, it is a language that is expected. In fact, it is uncommon to encounter someone in the Philippines who speaks English as a second langu...
Reading Motivation and Home Literacy Influence among Selected HUMSS in Municipality of Tanza and its Impact to Information Literacy Skills: Input for Developing Technical Assistance of Master Teachers
Motivation is one of the most crucial elements that might alter a reader's capacity to comprehend what they read. Literacy is based on a solid foundation provided by the student's home environment, which also plays a sig...
Pedagogical Translanguaging Realities in the Classroom: Teachers' Practices, Perceptions, and Awareness
This study investigated the translanguaging practices, perceptions, and awareness of five (5) Senior High School (SHS) teachers at Pimbalayan National High School (PNHS). This study is qualitative research design that em...
Attitude Towards Computer Use and Motivation in Learning Physical Education among Junior High School Students: Basis for a Development Plan
This study determined the influence of attitude towards computer use and motivation in learning physical education among junior high school students. Stratified random sampling was used in choosing the schools and simple...