Student's financial literacy and financial satisfaction

Abstract

This study aimed to determine the significant relationship between financial literacy and financial satisfaction among DBAE students in UM Panabo College. The respondents of this research were 215 students. The researchers used random sampling technique to gathered the data. The study employed a quantitative non-experimental and correlational method. Mean and Pearson-r were used to analyzed the effectiveness of financial literacy and financial satisfaction among DBAE students in UM Panabo College. The study revealed that the students in terms of financial literacy showed high result and yielded an overall mean of 3.94. For the level of financial satisfaction among students, it garnered with an overall mean of 4.06 which is high. Furthermore, the computed r-value between financial literacy and financial satisfaction is 0.550 with the p-value of 0.000, which less than 0.05 level of significance. Thus, the null hypothesis is rejected.