Financial literacy of household heads in Barangay Cogon

Abstract

The study was conducted to determine the financial literacy and demographic profile of household heads in Barangay Cogon. The study is a quantitative descriptive differences research design. Thus, the statistical tools used in the study were mean. The data were gathered using a survey questionnaire distributed to 296 respondents in Household heads in Barangay Cogon. Additionally, the financial-related absence of education is especially intense for a few statistical groups, particularly woman and the less-education sector. These discoveries are critical since financial literacy is connected to borrowing, sparing, and investing system frameworks. The design utilized is a quantitative research method that endeavors to gather quantifiable data for factual examination of the population sample. It is an affluent market research instrument that permits us to cumulate and portray the statistical segment's nature. Based on the survey results, they have little bearing on financial literacy, whereas educational attainment and marital status do.