Undergraduate Thesis Bachelor of Science in Business Administration Major in Financial Management University of Rizal System Binangonan 2023

Includes bibliographical references

" This study primarily aimed to determine the personal financial management of senior cilizens in Tandang Kutyo, Tanay, Rizal, Additonaly, it utilized quantita- tive method and used descriptre design in sunveys, to gather data on senior cit. zens' perception on their personal financial management. Study established a theoretical foundaion for the stuty. Identifying key fac- tors that influence the personal financial management of senior cilizens using the guide for the researchers. Purposive sampling technique is used to choose specific participants that will help the study meet its goal. Additionally, participants that an- swered the study are mainly senor citizens from two (2) sitio: Little Tanay Ville and Chinatown in Tandang Kutyo, Tanay, Rizal with a total of One Hundred Ten (110). Collection of data Involves the use of a checklist questionnaire to gather Information about the percaption of personal financial management of senior cis- zens. Likert scale and statistical methods such as frequency, percentage, rank distribution, and weighted mean are employed to analyze the collected data. The One-Way Analysis of Variance (ANOVA) is used to identify if there are signifcant differences on personal financial management of senior citizens in Tandang Kutyo Tanay, Rizal when grouped according to thair profile. Based on the respondent's profle, specifically age, 45 or 40.9% of the re- spondents range from 60-64 years old out of one hundred ten (110) total respond. ents. In terms of sex, the majority of the respondents are female with a frequency of 72 or 65.5%. Most of the respondents were married with a frequency of 54 or 49.1% in terms of the respondent's civil status. Majority of the respondents' edu- cational attainment was high school with a frequency of 35 or 31.8%. Most of the respondents in terms of employment type were not employed (others) with a fre- quency of 61 or 55.5%. Lastly, in terms of financial sources of the respondents"": Pension has a frequency of 79 or 71.8% %, 79 or 71.8%, 66 or 60.0% were alore- ances/pocket money from your family, 42 or 38.2% were wages/salary, 13 or 11.8 were investment and 4 or 26 were commission. On the sigrificant differences of the personal financial management of senior cilizens in Tandang Kutyo. Tanay. Rizal when grouped according to their profile, data shows that the null hypothesis stating that there is no significant difference when grouped according to their age, sex, and employment type is failed to reject. However, the study reveals that there is a significant difference in the emergency fund and saving plan when grouped according to their civil status. As well as the expenses and emergency fund and saving plan when grouped acoording to their educational attainment. It also reveals that there are significant differences in terms of budgeting, expenses, emergency fund and saving plan when grouped according to their financial sources The study concluded that in terms of budgeting, the majonty of the respond- ents ""always"" compare the price of items (groceries, supplies, etc.) at many shops before buying with a mean of 4.52. Most of the respondents in terms of expenses were ""sometimes"" paying for monthly bills such as electricity, water bills and rent bills with a mean of 3.28. And majonty of emergency fund and saving plan of the respondents often"" receiving senior cash gifts and other govemment benefits with a mean of 3.93. It recommends that Senior citizens should maintain their habit of comparing prices before making purchases. This practice helps ensure that they get the best value for their money and make informed decisions. While comparing prices is a good start, there may be other ways to optimize their budgeting further. It is crucial for senior citizens to establish a regular and disciplined approach to paying monthly bills. By the help of their family or relatives they should create a monthly budget that includes all necessary expenses and allocate sufficient funds for bill payments. Moreover, setting aside a portion of these funds specifically for "