Effectiveness of financial talks to the financial literacy of 4Ps beneficiaries in San Rafael, Iloilo / by Nynn Juliana P. Gumbao, Victoria Ysabel B. Dieron, Ignatius Daniel S. Amular, & Journey J. Sanchez.
Publisher: [Iloilo City] : [Ateneo de Iloilo], c2024Description: 71 p.DDC classification: Ref 373.07 Ef365 2024 Summary: The Philippines ranked poorly in financial literacy among 144 countries, with only 25% of adults having basic knowledge. The study aimed to assess the financial literacy of 4Ps beneficiaries in San Rafael, Iloilo, and their perceptions of its importance, using interviews, pretest, and posttest. Using a Randomized Pretest-Posttest Control Group Design, participants underwent two-stage cluster sampling and 30 participants were randomly selected and grouped into control and experimental. Both groups answered a 15-item multiple-choice test before and after the intervention. Six randomly selected participants from the experimental groups underwent a structured interview to assess their perceptions of financial literacy's importance. Th findings revealed that both experimental and control participants have a Medium Financial Literacy Level. The Paired Samples t-Test revealed no significant difference between the participants' scores when exposed and not exposed to the financial tasks. Thus, accepting the null hypothesis. Furthermore, interview analysis showed that participants gained financial insights in developing saving and budgeting habits, intended to share knowledge, and appreciated the sessions.| Item type | Current location | Home library | Collection | Call number | Copy number | Status | Date due | Barcode | Item holds |
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High School Library | High School Library | Reference | Ref 373.07 Ef365 2024 (Browse shelf) | 1 | Available | HSD-092 |
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The Philippines ranked poorly in financial literacy among 144 countries, with only 25% of adults having basic knowledge. The study aimed to assess the financial literacy of 4Ps beneficiaries in San Rafael, Iloilo, and their perceptions of its importance, using interviews, pretest, and posttest. Using a Randomized Pretest-Posttest Control Group Design, participants underwent two-stage cluster sampling and 30 participants were randomly selected and grouped into control and experimental. Both groups answered a 15-item multiple-choice test before and after the intervention. Six randomly selected participants from the experimental groups underwent a structured interview to assess their perceptions of financial literacy's importance. Th findings revealed that both experimental and control participants have a Medium Financial Literacy Level. The Paired Samples t-Test revealed no significant difference between the participants' scores when exposed and not exposed to the financial tasks. Thus, accepting the null hypothesis. Furthermore, interview analysis showed that participants gained financial insights in developing saving and budgeting habits, intended to share knowledge, and appreciated the sessions.
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