Thesis Bachelor of Science in Business Administration Major in Financial Management URS 2024

This study aimed to determine the financial planning practices of selected households in Barangay Sampaloc Tanay, Rizal, SY 2023-2024. This study aimed to determine the financial planning practices of selected households in Barangay Sampaloc Tanay, Rizal, in terms of Cash management, Debt management, Liquidity Management and Risk Management; and in terms of respondents profile, age, sex, civil status, educational attainment, family size, occupation, status of employment, length of employment and monthly income. Descriptive method was utilized in the study. The frequency and percentage, mean and composite mean was the statistical treatments used to in terpret the results. Findings showed that Cash management, Debt management,liquidity management and Risk management was sometimes practiced. And with the challenges, "lack of emergency fund" with the frequency of 122 and percentage of 81.3 which mean that lack of emergency fund are the most common problem faced by the respondents. And with the possible solution "start saving by allotting even a small amount from the income from savings" with the frequency of 123 and percentage of 82 which means that start saving by allotting even a small amount ,makes the lack of emergency fund possible solution to address the common problem faced by the respondents. The proposed program was also utelized with the title "Financially wais" with 5 sessions. First session called "Record management" to help monitor cash flow troubles, prioritize payments, and minimise loses. And for the Session 2 or Day 2, the session called "Balancing the budget: planning and prioritizing" to improve the knowledge of the households on how to budget their finances, and Session 3 or day 3, The Session called "Source of Capital". To establish the strong discipline when it comes to financial decisions, managing risk, and enhancing financial performance, and Session 4 or Day 4, The session called "insurance" to improve the knowledge of the households about the insurance and its importance. And for the last session or Day 5. The session called "Empowerment of saving and creating emergency funds". To enhance the understanding on the essence of savings in our life especially in households and to differentiate savings to emergency funds.