Authors :
Rosemarie T. Reponte; Remigilda D. Gallardo
Volume/Issue :
Volume 9 - 2024, Issue 6 - June
Google Scholar :
https://tinyurl.com/kk33c6y4
Scribd :
https://tinyurl.com/2uh3xhs7
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24JUN546
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
This study examined the relationship between
Home Economics Competencies and Financial Literacy
among high school learners, focusing on Grade 7
learners at Davao City National High School. Employing
a descriptive correlational research design, the research
utilized a survey method to collect data, with the sample
selected through simple quota sampling. The survey
measured learners ' competencies in various aspects of
Home Economics, including practical skill application,
integration of theoretical knowledge with practical
execution, and adaptability to changing household
dynamics, alongside their understanding and
management of financial literacy. Statistical analysis of
the data involved calculating mean scores, Pearson-r
correlation, and conducting regression analysis. The
findings revealed a significant positive correlation
between Home Economics competencies and financial
literacy (R: 0.59, p<0.05). Regression analysis further
demonstrated the impact of specific components of
Home Economics education on financial literacy levels.
These results suggest that proficiency in Home
Economics is closely linked to financial literacy,
indicating that comprehensive education in Home
Economics could enhance learners ' financial
understanding and capabilities. The study highlights the
importance of integrating Home Economics and
financial education to equip learners with essential life
skills for their future.
References :
- Bryman, A. (2012). Social research methods. Oxford university press.
- Creswell, J. W. (2014). Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications.
- Dela Cruz, M. L. (2018). Assessing financial literacy levels among high school students in Davao City. Davao Journal of Economics and Business, 4(2), 1-15.
- Hastings, J. S., Madrian, B. C., & Skimmyhorn, W. L. (2015). Financial literacy, financial education, and economic outcomes. Annual Review of Economics, 7(1), 347-373.
- Lusardi, A., & Mitchell, O. S. (2017). How ordinary consumers make complex economic decisions: Financial literacy and retirement readiness. The Quarterly Journal of Economics, 132(3), 1445-1484.
- Moore, L., & Collins, P. (2015). Debt Deciphered: Understanding and Debunking the Myths. Journal of Financial Perspectives, 6(2), 11-25.
- Mori, H., & Yamashita, K. (2017). Home Economics in Japan: A Harmony of Traditional Values and Contemporary Learning. Asian Journal of Education, 18(1), 54-67.
- Pendergast, D. (2006). Sustaining the Home Economics profession in new times – A convergent moment. In Proceedings of the XXI IFHE Congress 2006.
- Ramirez, M., & Tugaff, J. (2016). Financial literacy among Filipino college students: A case study. Philippine Journal of Business and Finance, 1(1), 23-34.
- Smith, L. (2015). Redefining Home Economics in the 21st Century: A Global Perspective. Journal of Family and Consumer Sciences, 107(2), 25-31.
- Smith, P., & Johnson, D. (2015). Financial Foundations: A Study of High School Students' Financial Acumen. Journal of Youth Finance, 7(1), 34-47.
- Thompson, J., & Reyes, E. (2018). The Double-Edged Sword of Digital Lending Platforms. Digital Finance Review, 7(4), 12-27.
- Wilson, L., & Clarke, R. (2015). Grasping the Basics: The State of Financial Understanding in Today's Youth. Journal of Youth Finance, 5(1), 15-28.
This study examined the relationship between
Home Economics Competencies and Financial Literacy
among high school learners, focusing on Grade 7
learners at Davao City National High School. Employing
a descriptive correlational research design, the research
utilized a survey method to collect data, with the sample
selected through simple quota sampling. The survey
measured learners ' competencies in various aspects of
Home Economics, including practical skill application,
integration of theoretical knowledge with practical
execution, and adaptability to changing household
dynamics, alongside their understanding and
management of financial literacy. Statistical analysis of
the data involved calculating mean scores, Pearson-r
correlation, and conducting regression analysis. The
findings revealed a significant positive correlation
between Home Economics competencies and financial
literacy (R: 0.59, p<0.05). Regression analysis further
demonstrated the impact of specific components of
Home Economics education on financial literacy levels.
These results suggest that proficiency in Home
Economics is closely linked to financial literacy,
indicating that comprehensive education in Home
Economics could enhance learners ' financial
understanding and capabilities. The study highlights the
importance of integrating Home Economics and
financial education to equip learners with essential life
skills for their future.