― Paper Details ―

Abstract ―​

The study utilized a qualitative research design, involving a sample of 25 college students drawn from five distinct colleges at Baguio Central University: The College of Criminal Justice Education (CCJE), College of Nursing and School of Midwifery (CONSM), College of Teachers Education and Liberal Arts (CTELA), College of Engineering (COE), and College of Hospitality and Tourism Management (CHTM). The investigation aimed to examine the influence of financial literacy on the well-being, economic participation, spending habits, and saving habits of non-BSBA students. The findings revealed that non-BSBA students' lack of savings was attributed to receiving allowances solely from their parents. Additionally, their limited allowance led to a lack of budgeting, focusing only on meeting daily needs. Moreover, the study highlighted that non-BSBA students prioritize needs over wants, demonstrating a commitment to responsible spending habits and ensuring a stable financial future. The results emphasized the insufficient financial awareness among non-BSBA students, potentially stemming from parents' own financial unawareness or a general lack of financial knowledge.

Keywords ―​

Financial Awareness, Saving, Budgeting, Spending.

Cite this Publication ―​

Terrance Darryl Bryan G. Marquez and Michael T. Sebullen (2023), Financial Enlightenment: Investigating the Financial Awareness Among Non-Bachelor of Science in Business Administration Students at Baguio Central University. Multidisciplinary International Journal of Research and Development (MIJRD), Volume: 03 Issue: 02, Pages: 98-113. https://www.mijrd.com/papers/v3/i2/MIJRDV3I20008.pdf