Cash management practices and financial resiliency of Single Parents in selected areas in Cavite / by Rochelle Mae L. De Ocampo, Reina Jane B. Guinocor and Jesey May C. Naperi.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2019.Description: vii, 112 pages : illustrations ; 30 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): DDC classification:
  • 658.1  D36R 2019
Online resources: Production credits:
  • College of Economics, Management and Development Studies (CEMDS), Department of Management
Abstract: DE OCAMPO, ROCHELLE MAE L., GUINOCOR, REINA JANE B., NAPERI, JERSEY MAY C. Cash Management Practices and Financial Resiliency of Single Parents in Selected Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. June 2019. Adviser: Ms. Princess M. Feliciano. The study aimed to determine the characteristics of single parents, cash management practices of single parents, level of financial resiliency of single parents, significant relationship between characteristics and cash management practices, significant relationship between characteristics and level of financial resiliency, and significant relationship between cash management practices and financial resiliency. The study was conducted in selected areas of Cavite, namely: Bacoor City, Carmona, Dasmarinas City, General Mariano Alvarez and General Trias City. The areas were chosen based on the highest total number of single parents. Slovin's formula was used to determine the total sample size of the study. A total of 388 single parents were surveyed using stratified and convenience sampling techniques to select those working single parents. Frequency, percentage, mean and range were used in presenting the characteristics, cash management practices and financial resiliency of single parents. Spearman's correlation coefficient was used to determine the relationship between the said variables. The ages of the participants ranged from 19 to 64 years with an average of 41 years. Majority of the participants were female. Many were college level in terms of their highest educational attainment. In terms of their job position, most of them fell into the other category specifically, staff. Most of the participants were regular employees, working in the government and with monthly income of less than P 20,000. Majority of the single parents in terms of household size, number of children and number of dependents who participated have 3, 1, 1, respectively. The overall results of the saving and investment practices of the participants were somewhat practiced which means that they were sometimes practicing saving and investing, and they were somewhat knowledgeable in saving and investments. Moreover, the overall budgeting and spending of the participants were moderately practiced which means that the said cash management practices are often practiced and they were averagely knowledgeable in budgeting and spending. Majority of the result of the level of financial resiliency of the participants were moderately resilient. The results of Spearman's correlation coefficient test to characteristics and cash management practices of the participants showed that age, highest educational attainment, job position, job classification and monthly income were found to be significantly related to budgeting, spending, saving and investment. In addition, sex, household size and number of dependents were significantly related only to saving. Moreover, other income was significantly related to investment. Furthermore, industry and number of children were not significantly related to all variable. The correlation test to characteristics and financial resiliency of the participants showed that age, sex, highest educational attainment, job position, job classification and monthly income were significantly related to financial resiliency. Thus, industry, household size, number of children and number of dependents were not significantly related to financial resiliency. Lastly, the study found out that cash management practices and financial resiliency of the participant were significantly related to each other.
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Theses / Manuscripts Theses / Manuscripts Ladislao N. Diwa Memorial Library Theses Section Non-fiction 658.1 D36R 2019 (Browse shelf(Opens below)) Link to resource Room use only T-8660 00081121

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

DE OCAMPO, ROCHELLE MAE L., GUINOCOR, REINA JANE B., NAPERI, JERSEY MAY C. Cash Management Practices and Financial Resiliency of Single Parents in Selected Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. June 2019. Adviser: Ms. Princess M. Feliciano.
The study aimed to determine the characteristics of single parents, cash management practices of single parents, level of financial resiliency of single parents, significant relationship between characteristics and cash management practices, significant relationship between characteristics and level of financial resiliency, and significant relationship between cash management practices and financial resiliency. The study was conducted in selected areas of Cavite, namely: Bacoor City, Carmona, Dasmarinas City, General Mariano Alvarez and General Trias City. The areas were chosen based on the highest total number of single parents. Slovin's formula was used to determine the total sample size of the study. A total of 388 single parents were surveyed using stratified and convenience sampling techniques to select those working single parents. Frequency, percentage, mean and range were used in presenting the characteristics, cash management practices and financial resiliency of single parents. Spearman's correlation coefficient was used to determine the relationship between the said variables. The ages of the participants ranged from 19 to 64 years with an average of 41 years. Majority of the participants were female. Many were college level in terms of their highest educational attainment. In terms of their job position, most of them fell into the other category specifically, staff. Most of the participants were regular employees, working in the government and with monthly income of less than P 20,000. Majority of the single parents in terms of household size, number of children and number of dependents who participated have 3, 1, 1, respectively.

The overall results of the saving and investment practices of the participants were somewhat practiced which means that they were sometimes practicing saving and investing, and they were somewhat knowledgeable in saving and investments. Moreover, the overall budgeting and spending of the participants were moderately practiced which means that the said cash management practices are often practiced and they were averagely knowledgeable in budgeting and spending. Majority of the result of the level of financial resiliency of the participants were moderately resilient. The results of Spearman's correlation coefficient test to characteristics and cash management practices of the participants showed that age, highest educational attainment, job position, job classification and monthly income were found to be significantly related to budgeting, spending, saving and investment. In addition, sex, household size and number of dependents were significantly related only to saving. Moreover, other income was significantly related to investment. Furthermore, industry and number of children were not significantly related to all variable. The correlation test to characteristics and financial resiliency of the participants showed that age, sex, highest educational attainment, job position, job classification and monthly income were significantly related to financial resiliency. Thus, industry, household size, number of children and number of dependents were not significantly related to financial resiliency. Lastly, the study found out that cash management practices and financial resiliency of the participant were significantly related to each other.

Submitted to the University Library 08/19/2019 T-8660

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