Financial management attitude and practice among non-teaching staff in public schools of Samal island

Abstract

This study explored the relationship between financial management attitude and practice among non-teaching staff in public schools of Samal Island. A quantitative research design and descriptive method were used, with weighted mean, Pearson-r and regression analysis to analyze the data. A survey questionnaire was administered to sixty-nine non-teaching personnel, randomly selected. The results indicated a high degree of financial management attitude among respondents but modest levels of financial management practice. Cash management was the highest average level, while risk management, credit management, retirement planning, and estate planning were all the same level. Statistically significant correlations were found between financial management attitude and practice, with a positive attitude leading to better practice. Regression analysis shows that for every unit, an increase in financial management attitude corresponds to a rise in Practice. The study suggests that non-teaching staff have a positive attitude towards financial management but can improve their practices, particularly in credit and risk management areas. to address this, the researchers recommend implementing targeted financial literacy training programs and partnering with external stakeholders to enhance the impact of these initiatives.