A Structural Equation Model on Personal Financial Management among Non-teaching Personnel in Region XI

The aim of this research was to determine the best fit model of Personal Financial Management. In particular, it acknowledged the interrelationship between the exogenous variables: financial behavior, money attitude behavior and spending behavior of non-teaching personnel in Region XI. It employed the descriptive-correlation technique using Structural Equation Modeling (SEM) as its research design. Data gathered from 400 non-teaching personnel of Region XI revealed that the level of financial behavior was high, the level of money attitude behaviorwas moderate and the level of spending behavior, moderate; and the level of personal financial management, also moderate. On the other hand, there were significant relationships between financial behavior and personal financial management, money attitude behavior and personal financial management, spending behavior and personal financial management. Moreover, financial behavior, money attitude behavior and spending behavior are predictors of personal financial management. Furthermore, the generated Model 4 was the best fit model of personal financial management, which was anchored on cash management, and money attitude behavior which was anchored on power prestige dimension and retentiontime dimension, and spending behavior which grounded on miscellaneous and basic necessity