Financial Management and Spending Behavior among 4ps Beneficiaries

Michael P. Aquino, Emmanuel. Cordova, Jeah Alyzza P. Cuamag, Chianne Pearl B. Cupal, Janine L. Fernandez, Julia Heart F. Geverola, Lucky Jean B. Rama, Shayne Antonette A. Rebusa, Jessa Joy T. Saraum and Alice Mae V. Suerte
Additional contact information
Michael P. Aquino: Cor Jesu College, Digos City
Emmanuel. Cordova: Cor Jesu College, Digos City
Jeah Alyzza P. Cuamag: Cor Jesu College, Digos City
Chianne Pearl B. Cupal: Cor Jesu College, Digos City
Janine L. Fernandez: Cor Jesu College, Digos City
Julia Heart F. Geverola: Cor Jesu College, Digos City
Lucky Jean B. Rama: Cor Jesu College, Digos City
Shayne Antonette A. Rebusa: Cor Jesu College, Digos City
Jessa Joy T. Saraum: Cor Jesu College, Digos City
Alice Mae V. Suerte: Cor Jesu College, Digos City

International Journal of Research and Innovation in Social Science, 2025, vol. 9, issue 3, 4871-4896

Abstract: The rising issue of poverty has not been eradicated. It affected many lives, leading to limited access to basic needs and opportunities. Thus, the government implements Conditional Cash Transfer (CTT) Programs to provide financial assistance. However, despite its implementation, financial management is still a challenge, emphasizing the need for financial literacy and long-term economic solutions. This study explores the relationship between financial management and spending behavior among Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in Digos City. Using a quota sampling method, data were collected from 200 4Ps beneficiaries through survey questionnaires to assess their financial management practices and spending behavior. Collected data were tabulated, evaluated, and interpreted using descriptive statistics, Pearson correlation, and multiple linear regression. The results show that beneficiaries generally demonstrate strong financial management skills, particularly in saving, budgeting, and investing. Hence, there is a significant relationship between financial management and spending behavior among 4Ps beneficiaries. Respondents also displayed a positive attitude toward spending, which indicates a considerable proficiency in the area of spending. Furthermore, a significant moderate positive correlation between financial management and spending behavior was identified. Among financial management indicators, saving was a substantial predictor of spending behavior, while budgeting and investing were not. This correlational research highlights the importance of financial education and its practical application in fostering positive financial behavior.

Date: 2025
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