Expenditure and investment practices in non-bank finance companies among millennials in selected cities and municipalities of Cavite: framing effect on the living standards of the millennials / by Marjorie D. Laura, Janilyn Grace A. Saniel and Mark Wyn R. Segarra.

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

LAURA, MARJORIE D., SANIEL, JANILYN GRACE A., SEGARRA, MARK WYN it Expenditure and Investment Practices in Non-Bank Finance Companies among Millennials in Selected Cities and Municipalities of Cavite: Framing Effect on the Living Standard of Millennials. Undergraduate Thesis. Bachelor of Science in Business Management Major in Financial Management. Cavite State University. May 2017. Adviser: Glenda S. Pena
This research determines the expenditure and investment practices in non-bank finance companies among millennials in selected cities and municipalities of Cavite: framing effect on the living standard of millennials. Specifically, the study aimed to: (1) identify the socio-economic characteristics of the respondents in terms of age, sex, civil status, number of dependents, educational attainment, designation of work, and monthly income; (2) determine the spending level of the millennials in non-bank finance companies; (3) identify the forms of spending of the millennial in non-bank finance companies in terms of personal, pleasure, investment and social spending; (4) determine the investment practices performed by the millennials; (5) identify the risk factor/s that hinders the millennials in investing in terms of inflation rate, interest rate, financial resources, and forms of payment; (6) identify the effect of expenditures on the living standard of the millenials; (7) identify the effect of investment practices on the living standard of the millennials; (8) determine the relationship between socio-economic characteristics and the spending level of the millennials. The study was conducted from December 2016 to April 2017 in selected cities and municipalities of Cavite namely: Dasmarinas, General Trias, Indang, Naic, Tanza, and Trece Martires City. The study used descriptive and correlational research method. CM-square test was used to determine each relationship and point biserial correlation coefficient was used for the association of the two variables. The questionnaire served as the instrument in gathering data. Purposive sampling technique was used in distributing the questionnaires. The researchers' main sources of data were employed millennials ages 18-36 years old. They were randomly selected from the six selected cities and municipalities in Cavite. The total participants of the study were 300 out of 341,301 total population based on the computed result through Slovin's formula. It was found that the respondents of the study were focused mainly on spending in non-bank finance companies. Spending in non-bank finance companies has negative framing effect on the living standard of the millennials. While investing on the items bought in non-bank finance companies has a positive framing effect on the living standards of the millennials.

Submitted to the University Library September 04, 2017 T-7006