The Influence of Financial Behavior towards the Household’s Financial Stress
Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.5, No. 1)Publication Date: 2021-02-28
Authors : Marialyn C. Gonzaga MBA;
Page : 16-55
Keywords : Financial Behavior; Financial Management; Financial Stress; Young Adults of Tagum City; Philippines;
Abstract
The study aimed to determine the influence of financial behavior on household's financial stress in Tagum City, Davao del Norte. This study utilized a quantitative non-experimental, descriptive type of research with 150 respondents selected through purposive sampling technique. Mean was the statistical tool used for the data treatment. Results showed a high financial behavior level and a moderate financial stress level among households in Tagum City. For the students to lower down or avoid experiencing financial stress, they should be concerned enough of their cash flows and investments.
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