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

his paper investigates the investment practices of overseas Filipino
workers in Taytay, Rizal. This study used the descriptive method to gather
information and statistical analysis for the collection and interpretation of data.
This study examines the investment practices of OFWs in terms of investment
practices through an online survey, a range of responses are 342 but only 214
Overseas Filipino workers participated in barangays of Taytay Rizal.The result of
the survey shows that most of the OFWs are 25 years old and below with the
average of (33.6%), female (48.1%), single (52.3%), 4-6 family members
(55.1%), salary (40,000) below 38.3%, domestic helper (31.8%), and Japan
(21.5%), based on the demographic profile of the respondent. It indicates most OFWs are adolescent and early adulthood. The results in the survey that the
researchers gathered from respondents, all of assessment of overseas filipino
workers in taytay rizal got a highest rank with the range of 4.39%, It
demonstrates the excellent decision-making abilities, dependable positive
investing behaviors, and skilled investment control of OFWS. They have
disciplined behaviors like consistent saving and smart spending, and they are
knowledgeable and feel confident in their decisions. Their strong performance in
investment control indicates that they have put in place procedures to keep an
eye on and monitor their work, which shows that they take a proactive and knowledgeable approach to managing their finances.
On the other hand, insurance has the lowest rank in investment practices;
it demonstrates that the respondents lack of knowledge about the importance of
insurance. Implementing these recommendations such as monitoring monthly
income, establishing goals, encouraging insurance literacy, seeking financial
guidance and lastly educating on risk tolerance can enhance their knowledge
and understanding about investment practices that would support their financial
well-being and empower them to be financially literate.