Survey Questionaire

SURVEY QUESTIONAIRE Budgeting Skills of Scholar Students and Spending Habits

TO THE RESPONDENTS: The questions in this form are asked for the purpose of determining the Budgeting Skills of Scholar Students and Spending Habits. Please read and answer the information carefully. The survey is voluntary, and assured to be confidential. No individual data will be reported. Thank You.

I.

SOCIO- DEMOGRAPHIC PROFILE

Direction: Please fill the data with your answer and put a check in the parenthesis that represents information needed. Thank you. Name of Respondents (optional): Age: years old above

( ) 15 years old and below ( ) 16-21 years old ( ) 22-27 ( ) 28-33 years old ( ) 34 years old and

Sex:

( ) Male

( ) Female

Number of hours worked/month: ( ) 15 hours and below ( ) hours ( ) 22-27 hours ( ) 28-33 hours ( ) 34 hours and above Monthly allowance (in pesos): ( ) 2,001-3,500

( ) P 500 and below ( ) 3,501-5,000

16-21

( ) 501-2,000 ( ) 5,001 and

above Status:

II.

( ) Academic Scholar

( ) Non-Academic Scholar

Level of Budgeting Skills of Scholar Students

Direction: Please indicate the extent of your agreement or disagreement by encircling your choice from 1 to 5. Corresponding to each item below are the five (5) rating scales with the following quantitative equivalents.

Weight Interval Interpretation Range 5

4

3

Descriptive Rating

Strongly Agree

(SA) means that the respondent strongly favors to the statement in all cases

Agree

Neither Disagree

2

Disagree

1

Strongly Disagree

(A) means that the respondent strongly favors to the statement in majority of all cases (NDA) means that the respondent is undecided nor agrees (DA) means that the respondent is not in favor to the statement in few cases (SD)

means that the SA

1. PRIORITIZATION OF PURCHASES 1.1There is a difficulty on distinguishing 1 between a scholar’s needs and wants. 1.2

Scholars consider costs like accommodation 1 travel, clothes, food, insurance and social life.

1.3

Scholars consider where to live and how to live 2 1 to save more money. SA

2. BUDGET ADJUSTMENT 2.1 Most of the cash a scholar spends is 1 borrowed money

A

NDA

DA

SDA

5

4

3

2

5

4

3

2

5

4

3

A

NDA

DA

SDA

5

4

3

2

2.2

Scholars don’t rush out and buy everything at once. 5 1

4

3

2

2.3

Scholars realize paying back to creditors 1 are necessary in budgeting.

5

4

3

2

A

NDA

DA

SDA

4

3

2

SA

3. ALLOCATION OF EXPENSES TO SCHOOL ACTIVITIES 3.1 Budgeting makes it easier to plan, to save 5 1 and control expenses. 3.2

Scholars allocate contingency funds for 2 1 unexpected school activities.

5

4

3

3.3

Funds allocated for school activities are spent 2 1 on something else.

5

4

3

III.

Level of \spending Habit

Direction: Please indicate the level of your satisfaction by encircling your choice from 1 to 5. Corresponding to each item below are the five (5) rating scales with the following qualitative equivalents.

Weight Interpretation

Interval

Description Rating

5 4.51-5.00 respondent does it every time. 4

3.51-4.50

Always (A) Often (O)

3 2.51-2.50 occasionally.

Sometimes (S)

2 1.51-2.50 almost never.

Rarely (R)

Descriptive The

The respondent does it almost every time. The respondent does it The respondent does it

1

1.00-1.50

Never (N)

The respondent does not do

it at all.

A 1. SPENDING ON NECESSITIES 1.1 Scholars prefer fun and adventure 1 over practical matters. 1.2 Scholars do some shopping for clothing 2 1 to be wardrobe-ready for school days. 1.3 Scholars are open for expensive activities 1 for academic/non-academic purposes.

5

S 4

5

5

A 2. DISCRETIONARY SPENDING 2.1 Scholars set much smaller portion 1 for wants. 2.2 Scholars end up convincing themselves 2 1 needing on discretionary things 2.3 Scholars’ mood makes spending differences. 1

O

4

O 5

S 4

5

5

4

R

N

3

2

4

3

3

2

R

N

3

2

4

3

3

2