Aileen Mae M. Pascual, Matilde Melicent Santos-Recto
This study examined financial literacy and practices of the 400 students of Central Luzon State University to determine their strengths and weaknesses in the management of their financial resources and to use the results for the creation of an occupation-based curriculum. Data were gathered using a pre-tested Likert Questionnaire and then enumerated statistically. Based on the students’ ages, it can be inferred that the students are in their early adult lives and hence, there is the tendency to be influenced by their peers in their decision making. The results showed that generally, the students exercise financial practices occasionally. However, further findings showed that college students are knowledgeable on financial management but has little knowledge on disbursement, loan, repayments, and extravagance which is understandable considering their age and that the money they spent were mostly from their parents. Most of the mentioned financial management practices by the students help them in budgeting their weekly allowances, in addition to having part-time jobs and selling activities.