I. INTRODUCTION
1.1 Theoretical Background
While students are getting busy developing and learning about their chosen professions foreseeing themselves doing successful individuals in the near future, we can’t deny the fact of the increasing costs of college education, that make students find themselves in a world of uncertainties regarding financial situations.
What makes it more complicated are the different manners in playing “money management game”. Since students must know how their money be properly managed, they must learn to calculate how much they earn against how much they spend for a particular period. Starting it of course with different expenses which ranges from meals, activities to be carried out for organizational funds, books and other school supplies needed, including also pleasures with its own demands. Another thing is the tuition that rises faster than inflation rates and salary pay. These are just part of the cost of living in its real sense, which requires flexibility with coping mechanisms to survive the life being a student with changing times and unexpected conditions each students must learn to stand for.
In this present situation, being also a Paulinian clearly witnessed how a student drives the fact of reality, from which points out its behavior in regarding money which would allow readers to give their views about money management behavior whether it was poorly or properly done for it takes a lot of wise decision-making in handling different matters particularly “financial management”.
1.2 Statement of the Problem
It has been found that Poor financial management is the factor why SPSBL students are facing financial difficulty. They endure money management mistakes in their everyday transactions. Students do not know where their money is going, they are not having a plan for their money, they are not determining wants