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ISSN 2063-5346
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Examining Teachers' Expenditure Patterns at University of Eastern Philippines System: Implications for a Financial Program

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Mary Cris D. Balanlay
» doi: 10.31838/ecb/2023.12.si5a.0649

Abstract

With the increasing cost of living and inflation, teachers face the challenge of managing their expenditures while prioritizing essential needs for themselves and their families. This quantitative research aimed to investigate the expenditure patterns of teachers at UEP - Pablo Rebadulla Memorial Campus, Catubig, Northern Samar. The study utilized all faculty members as respondents, who completed specially designed questionnaires. The findings revealed that the teachers' expenditure patterns, particularly in budgeting, procurement scheduling, and money-saving practices, were not significantly influenced by factors such as age, highest educational attainment, position/designation, teaching experience, and employment status. However, a significant relationship was observed in terms of the teachers' sex and civil status. The study concluded that among the profile variables, only the teachers' sex and civil status had an impact on their expenditure patterns. Accordingly, the study recommends the development of a financial program to provide guidance for teachers in managing their expenses and achieving financial stability.

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