Research Instrument
This study employs a structured survey questionnaire as the primary
research instrument to assess the financial literacy and financial
management practices of school government employees in Mexico,
Pampanga. The survey aims to gather quantitative data on respondents’
knowledge, attitudes, and behaviors related to financial decision-making, as
well as their financial management strategies.
The questionnaire is divided into three main sections:
1. Demographic Profile – This section collects general information about
the respondents, including their age, sex, employment position
(teaching or non-teaching staff), years of service, and income level.
These factors help in understanding financial literacy and management
patterns among different employee groups.
2. Financial Literacy Assessment – This section measures the
respondents’ level of financial literacy using three key components:
a. Financial Knowledge – Questions focus on understanding financial
concepts such as budgeting, inflation, interest rates, and
investments.
b. Financial Behavior and Attitude – This evaluates how respondents
make financial decisions, their saving habits, spending tendencies,
and risk perception regarding investments and debts.
c. Financial Training – This part identifies whether respondents have
received formal financial education or training and how it has
influenced their financial decisions.
3. Financial Management Practices – This section examines how
respondents allocate and utilize their financial resources. The
subcategories include:
a. Utilization of Money – Examines how respondents distribute their
income for savings, investments, expenses, and debt payments.
b. Financial Well-Being – Evaluates respondents’ level of financial
safekeeping, stress related to financial matters, and readiness for
emergencies.
c. Financial Development – Identifies financial planning behaviors,
long-term investment choices, and the role of financial education in
improving financial stability.
The survey questionnaire consists of Likert-scale questions (e.g., 1-
“Strongly Disagree” to 5 – “Strongly Agree”) to assess the extent of
agreement with financial literacy and management statements. Open-ended
questions may also be included to capture qualitative insights.
To ensure validity and reliability, the questionnaire will be sifted by
experts in financial literacy and academic research. A pilot test shall be
conducted among a small sample of school employees to refine unclear or
unclear questions before full implementation. The final version of the
instrument will be administered electronically or in printed form, depending
on respondents' accessibility and convenience.
By utilizing a structured survey instrument, this study shall gather
comprehensive data on the financial literacy and financial management
practices of school government employees, providing valuable insights for
future financial education programs.
