Effects of train law on the financial stability of households in selected cities in Cavite /

Aure, Kim Gilmore R.

Effects of train law on the financial stability of households in selected cities in Cavite / by Kim Gilmore R. Aure, Donna Mae S. Calo and Ma. Bianca L. Rosales. - Indang, Cavite : Cavite State University- Main Campus, 2019. - xv, 123 pages : illustrations ; 28 cm.

Thesis (Bachelor of Science in Business Management Major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS), Department of Management College of Economics, Management and Development Studies (CEMDS), Department of Management

AURE, KIM GILMORE R., CALO, DONNA MAE S., ROSALES, MA. BIANCA L. Effects of Train Law on the Financial Stability of Households in Selected Cities in Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management, Cavite State University, Indang, Cavite. June 2019. Adviser: Ms. Mary Grace A. Ilagan.

Filipino households prioritize their expenditures instead of valuing their financial Stability in terms of savings, emergency fund, investment, and retirement fund to prepare for the future and unforeseen events.

The study aimed to compare the household expenditures and financial stability before and after the implementation of TRAIN law. Moreover, the study sought to assess the effects of TRAIN Law on the financial stability of households.

It was carried out among the households in selected cities in Cavite. Specifically, this was conducted in the cities of Bacoor, Dasmarinas, Imus, and General Trias from August 2018 to May 2019. A multistage sampling technique was employed to select the participants.

Moreover, using ¢-Test, it was found that the amount for expenditures and financial stability were significantly different upon the implementation of TRAIN Law. In addition, simple linear regression with Durbin-Watson diagnostic test revealed that TRAIN Law had a positive effect on the financial stability except for retirement fund
and the model fits.

It was concluded that there are other possible factors that may affect the change in financial stability of households aside from the implementation of TRAIN Law. Thus, it is recommended that the future researchers conduct a similar Study since it is a longitudinal study but widen the scope through considering salaried employees to assess more the effects of TRAIN Law.



Personal finance
Households--Finance
Households--Economic aspects

332.024 / Au6 2019
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