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Chapter 1-Wps Office

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Chapter 1-Wps Office

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The role of financial problems in shaping the Academic Experience of Grade

12 Smaw Students of Lugait Senior High School

The role of Financial Problems in Shaping the Academics

Experience of Grade 12 Smaw Students of Lugait

Senior High School

Introduction

Background of the study


. According to (Widener 2017), mentioned that there are two ways on how financial problems could
effects the students, academic performance which are" health problems and having too much work part
time. Widener (2017), further added out financial problems lead to alcohol or uncontrolled shopping
hence, and making the students lose their fucos on their academic. When the students is facing financial
problems and to overcome difficulties because of the high cost of living, they are more exposed and
vulnerable to health problems.

. According to ( Holiday Wynes " Wynes 2014), a student financial position will effect their commitment
in learning which will effect their academic performance. Moreover due to inflation and trade war it had
made , must of the country, facing recession and increase the cases of students facing financial
problems. In the society today, it is normal for a senior high school students to live without saving any
money. But they did not aware that accident could happen at any time. When accident happened, they
could not pay for emergency expenses since they do not have any money inside their saving account,
and they have to pay with their credit card and adding debt to their account. ( Maureen 2019),
mentioned that the first reason people get into dept is because they do not have a saving account.

Brief History of Research

. History shows that's financial problems go hand in hand in order to make the life of some students very
hard but some are either held back by finances and monetary. Others are being held back by the
problems itself as it cannot be avoided that some people are not born in a entitled wealthy family. There
are also students who balances the Academics with work in order to support themselves.
The role of financial problems in shaping the Academic Experience of Grade

12 Smaw Students of Lugait Senior High School

. To lessen the burden for their family as their consciousness makes them pity their parents for not being
able to provide for their educational needs. It takes a toll their mental health as they start to worry of
their parents on how will support their educational needs.

Statement of the problem

. This paper examines the reasons of students having a poor financial background , lock of opportunities
and living away from family are the causes of financial problems among senior high school students. This
study seeks to answer the following questions:

1. What is the level of financial problems?

2. Is there any significant relationship between financial problems and academics?

3. How does that students overcome this financial hardship?

Scope and Limitation

This study was delimited to empirical test of the developed conceptual model in the areas of
identifying a person financial wellness profile, describing personal financial wellness according to
demographics characteristics and financial stressurs , exploring the relationship between financial
wellness and producting. Because the sample of this research has not received workplace financial
education, the examination of the effects of personal finance employee education on worker job
producting could not be conducted

Significant of the study

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