Republic of the Philippines

Department of Education
National Capital Region
Division of Manila
Polytechnic University of the Philippines

“Effectiveness of Grade 11 ABM Dormitory Students of

Polytechnic University of the Philippines In
Managing Their Monthly Allowance”
Labrador, Darryl C.
Alamag, Tricia Shane L.
Jano, Paula Joy S.
Ong, Antonette P.
Villegas, Julianne S.
PUPSHSABMSA 11-1
 Result, Analysis and Summary, Conclusion and
05
Presentation of Recommendation
Data 04

Review of Related 03 Methodology

Literature and
Studies
Introduction
02
01
 Abstract
This descriptive-analytical study was
conducted on 24 students of Polytechnic University
of the Philippines under the academic strand
Accountancy and Business Management. The
researcher used dormitory students as respondents to
have a concrete findings about the effectiveness
implementation of budgeting practices. The findings
indicated by the grade 11 ABM dormitory students
of Polytechnic University of the Philippines shows
that budgeting practices such as prioritizing
important rather than wasting it for unnecessary
things as well as allocating budget for their daily
expenses and save its excess were effectively
implemented.
 Chapter 1
Background of Theoretical Conceptual Statement of
Introduction
the Study Framework Framework the Problem

Statement of the Scope and Significance of

Hypothesis Definition of Terms
Limitation the Study
 Introduction

Allowance is the amount of money given

or allotted usually at a regular intervals
for a specific purpose. A student boarder is an
individual who rent a room in someone’s house, who
also lives and studies away from home. One
fundamental things that a student boarders should
possess is the efficiency on budgeting their allowance.
Background of the Study

Dormitory students have their own way on

managing their allowances, like ensuring
savings. Some of these savings are for
emergency purpose and for personal behalf.
So the researchers' conduct this study
focuses on how dormitory students manage
their own allowances effectively.
 Theoretical Framework
“A line-item budget is simply the allocation of
resources according to the cost of each object of
expenditure” (Henry, n.d.)
The purpose of this form of budgeting is to assess
the costs or expenditures being consumed and to
see the expected asset or remaining cash that is
not consumed will be serve as savings
Another theory of budgeting (Carnes, 2017)
includes costing, planning, controlling and
knowing the problems or struggles that can be
seen on the action of the budgeting or also called
in this theory as pitfalls.
 Construction, 1
Conceptual Framework administration and
implementation of
checklist questionnaire
Profile of the
Respondents
-Age
-Source of
Allowance Effectiveness of
-Budgeting Grade 11 ABM
Practice Dormitory
-Spending Students in
Habit Managing their
Monthly Allowance
Statement of the Problem
What are the different factors
that affect
the way they manage their
allowance?
How do they manage their
allowance effectively
in terms of budgeting practice
and spending habit?
What is the source of their
allowance
as well the amount of it every
month?
Hypothesis
There is no significant difference in the
effectiveness of Grade 11 ABM dormitory
students of Polytechnic University of the
Philippines in managing their monthly
allowance.

There is a significant difference in the

effectiveness of Grade 11 ABM
dormitory students of Polytechnic
University of the Philippines in
managing their monthly allowance.
 Scope and Limitation
This study is focused solely on the
effectiveness of ABM students’ budgeting
management.
The researchers' used survey as research
method.
Questionnaire was used as the research
instrument.
The study are limited to the Grade 11 ABM
dormitory students.
The study will be conducted at the Main
Building of Polytechnic University of the
Philippines.
 1
Significance of the Study

The study will provide some tips

for dormitory students to manage
allowances effectively.
 1

Definition of Terms
Allowance Leisure
Budgeting Rent
Debts Savings
Dormitory Spending Habits
Expenditures Sponsor
Chapter 2
Review of Related
Literature and Study
Review of Related Literature and Study

Personal financial planning is the process of

managing your money to achieve personal economic
satisfaction (Kapoor, 2016). There are three types of
financial goals: the short- term goals, intermediate
goals and long- term goals. It is the easier to sucess
in personal finacial planning when it is aligned with
the students' overall values and personal goals.
Review of Related Literature and Study

It varies according to age, gender, personality

traits, needs and knowledge of the person. Managing
finaces is a sign of maturity and independency.
Managing your cash properly can generate a btter
preparations on everything that may happen in the
future (Gitman, L., et. al., 2014)
 Chapter 3:
Research Research Setting of the
Method Instrument Study

Sampling Sampling Research

Design Respondents Procedure
Research Design
A. Research Method
Descriptive method
Aims to know how Grade 11
ABM dormitory students
manages their monthly
allowances effectively.
Research Design
B. Research Instrument
Questionnaire-Survey
Used to collect and interpret
different perspective of people in a
population about the effectiveness
of managing monthly allowances.
 Setting of the Study

The Researchers conducted this study at

Polytechnic University of the Philippines,
specifically at Main Building.
 Sampling Design
Monthly allowance
Budgeting
Savings
Spending

Sampling Respondents
24 dormitory students in
Polytechnic University of the Philippines
from the strand of Accountancy and
Business Management of Grade 11 Senior
High School.
Research Procedure
05
04
03
02 Interpreting
the Data
01 Assessing the
Data
Collected
Data Gathered
Collection
Distribution of
Finding Questionnaires
Respondents in the
sample population
House Rent
Chapter 4: Effective
Implementation

Age Source of Monthly Monthly

Gender
Allowance Allowance Savings

Ways to
School Entertainment
Budget Bill Food
Expenses and Leisure
Allowance
Table 1. Demographic Profile of Grade 11 ABM Dormitory Students
of Polytechnic University of the Philippines regarding their age.
100%

80%

60% 58.33%

40% 37.50%

20%

4.17%

0%

15 16 17
Demographic Profile of Grade 11 ABM Dormitory Students of
Polytechnic University of the Philippines regarding their gender

9 out of 24 15 out of 24

The respondents of the study are both male and female

with a total population of 24.
 Demographic Profile of Grade 11 ABM Dormitory Students of
Polytechnic University of the Philippines regarding their source of
allowance.
24
Students

23 of them get their Only 1 student

allowance from get his/her allowance
their parents. from his/her siblings.

2 out of 23 1 out of 23
also relay their allowance on was also supported
their personal savings. by a sponsor.
Table 2. Demographic Profile of Grade 11 ABM Dormitory Students of
Polytechnic University of the Philippines regarding their monthly allowance.

Monthly Allowance Frequency Percentage

Less than Php 2,499 1 4.17 %

Php 2,500 - Php 4,999 8 33.33 %

Php 5,000 - Php 7,499 8 33.33 %

More than Php 7,500 7 29.17 %

Table 3. Demographic Profile of Grade 11 ABM Dormitory Students
of Polytechnic University of the Philippines regarding their monthly
saivngs.

Monthly Savings Frequency Percentage

Less than Php 1,000 16 66.67 %

Php 1,000 - Php 1,500 1 4.17 %

Php 1,501 - Php 2000 4 16.6 %

More than Php 2,000 3 12.50%

 PLANNING SAVING MONEY

WAYS TO
BUDGET
ALLOWANCE
Out of 24 Out of 24 respondents,
respondents, 50 % 50 % of it,
of it, budget their budget their monthly
monthly allowances by saving
allowances by money in advance
planning
Table 3. Spending Habits of Grade 11 ABM Dormitory Students of Polytechnic
University of the Philippines regarding their school expenses.

School Expenses Frequency Percentage

Less than Php 200.00 9 37.50%

Php 201.00 - Php 600.00 9 37.50%

Php 601.00 - Php 1,000.00 4 16.67%

More than Php 1,000.00 2 8.33%

Table 4. Spending Habits of Grade 11 ABM Dormitory Students of Polytechnic
University of the Philippines regarding their entertainment & leisure.

Entertainment & Leisure Frequency Percentage

Less than Php 200.00 10 41.6%

Php 201.00 - Php 600.00 8 33.33%

Php 601.00 - Php 1,000.00 3 12.50%

More than Php 1,000.00 3 12.50%

Table 5. Spending Habits of Grade 11 ABM Dormitory Students of Polytechnic
University of the Philippines regarding their bills.

Bills Frequency Percentage

Less than Php 200.00 5 20.83%

Php 201.00 - Php 600.00 9 37.50%

Php 601.00 - Php 1,000.00 5 20.83%

More than Php 1,000.00 2 8.33%

Spending Habits of Grade 11 ABM Dormitory Students of Polytechnic University of
the Philippines regarding their food.

Food Frequency Percentage

Less than Php 200.00 1 4.17%

Php 201.00 - Php 600.00 7 29.17%

Php 601.00 - Php 1,000.00 2 8.33%

More than Php 1,000.00 14 58.33%

Table 6. Spending Habits of Grade 11 ABM Dormitory Students of Polytechnic
University of the Philippines regarding their house rental.

House Rental Frequency Percentage

Less than Php 200.00 0 0%

Php 201.00 - Php 600.00 0 0%

Php 601.00 - Php 1,000.00 0 0%

More than Php 1,000.00 21 87.5%

Effective Implementation of Budgeting Practice

• “Buy things you only need, don’t waste

money on things you don’t really need,”
(some dormitory students).

• “Through an accounting process” (some

dormitory students).

• “Allocating budget for everyday expenses

then saving the rest” (some dormitory
students).
 Chapter 5:
Summary of
Conclusion Recommendation
Findings
Summary of Findings

• The respondents of the study was exerted from

the population of Grade 11 ABM students
consists of 15 years old (4.17 %), 16 years old
(58.33 %), 17 years old (37.50 %) where 9 out
of 24 males and 15 out of females participated
in answering the questionnaires
Summary of Findings

• Most of the respondents, 23 out of 24,

allowance is from their parents. 2 out of the 23
also relay their allowance on their personal
savings, while 1 out of 23 was also supported
by a sponsor. The remaining respondent was
known to be supported by his/her siblings.
Summary of Findings

Monthly allowance
• There are 33.33% of the total respondents
whose monthly allowances favored between
Php 2,500-Php 4,999 and Php 5,000-Php
7,499.
• 29.17% whose monthly allowances is more
than Php 7,500
• 4.17% whose allowances that is less than
Php 2,499.
Summary of Findings

Monthly Savings
• Most of the respondents, 16 out of 24
dormitory students, are known to save less
than P1000.00.
• 4 out of 24 students’ monthly savings ranges
from P1, 501.00 to P 2000.00.
• 3 out of 24 respondents have more than
P2000.00 monthly savings.
• 1 out of 24 usually saves P1000.00- P
1,500.00.
Summary of Findings

Monthly Allowance Budgeting

• 50% out of 24 respondents budget their
monthly allowances by planning
• 42 % of it do save money in advance.
• 2 % of the respondents do not budget their
monthly allowances.
 Summary of Findings
Spending Habits
1. School Expenses
• 9 respondents (37.50%) spends less than Php
200.00
• 9 out 24 school expenses amounted to Php
201.00 to Php 600.00.
• 4 respondents spend Php 601.00 to Php
1000.00
• 2 of the 24 respondents spends more than
Php 1000.00.
Summary of Findings

2. Leisure and Entertainment

• 10 out of 24 spends less than Php 200.00
• 8 out of 24 spends Php 201.00 to Php
600.00.
• 3 out of 24 spends Php 601.00 to Php
1000.00
• 3 out of 24 spends more than Php 1000.00.
Summary of Findings

3. Electric and Water Bills

• 2 of the respondents pays more than Php
1000.00 for bills.
• 5 respondents pays less than Php 200.00
• 5 respondents pays for Php 601.00 to Php
1000.00.
• 9 out of 24 pays Php 201.00 to Php 600.00.
Summary of Findings

4. Food
• 14 respondents spends more than Php
1000.00 for food.
• 7 out of 24 spends Php 201.00 to Php
600.00.
• 2 out of 24 spends Php 601.00 to Php 1, 000
spends less than Php 200.00 for food
expense
Summary of Findings

5. House Rental
• 100% of the respondents spends more than
Php 1000.00 for their house rental.
6. Budgeting Implementation
• Dormitory students separates the lists of
income and/or allowance to the expenses
made in a period of time.
• Identifies what expenses is done through the
budget plan.
 Conclusion

The findings indicated by the grade 11

ABM dormitory students of Polytechnic
University of the Philippines shows that
budgeting practices were effectively
implemented such as
• Prioritizing important rather than wasting it
for unnecessary things
• Allocating budget for their daily expenses
and save its excess
 Conclusion

Therefore, there is significant difference

in the effectiveness of Grade 11 ABM
dormitory students of Polytechnic University
of the Philippines in managing their monthly
allowance.
 Recommendation

Dormitory Students

• Prioritize what is needed.

• Avoid wasting their money on things
they don't necessarily needed.
• Know their discipline and responsible
in using their own allowances.
• Make an accounting process.
Recommendation

Future Research

• Focus on either different respondents or

on changing the University.
• Change the main aims of their study.
• Explore on different factors that may
affect the ways on managing dormitory
students' monthly allowances.
• Consider the different characteristics or
traits of a dormitory students on how
they take budgeting seriously.
 THANK YOU!
“Effectiveness of Grade 11 ABM Dormitory Students of
Polytechnic University of the Philippines In
Managing Their Monthly Allowance”