Thesis
CHAPTER I
THE PROBLEM AND RESEARCH DESIGN
INTRODUCTION
Rationale of the Study
A Financial Management student is known to be more aware of different financial aspect. One of it is personal finance. The term personal finance has to do with spending, saving and investing. Basically, it is necessary for financial management students to acquire sufficient knowledge about this aspect. As they learn different investment portfolio like insurance, mutual funds, stocks, real estate, foreign exchange and others. They are also knowledgeable about the vital effect in saving money for the present and future expenditure.
Everyday, we will make many complex decisions throughout our lives, some related to our education, career and personal lifestyle and many that affect our financial success. Students experienced the difficulties in managing money due to some certain circumstances. They made their decision based on their personal satisfaction. In every financial decision, you will sacrifice something in order to obtain something else that you can consider more desirable.
Financial management student has lot of advantages in taking up finance course. They can develop the ability to be effective in using financial skills and tools. They can also clarify their financial values and can set their financial goals. They can also identify the specific needs and wants with their financial resources.
Studying personal finance or related finance subject will help the financial management students to avoid the difficulties in financial problem. They can be able to distinguish the importance of investment, saving and spending. Investing in the way they will take risk, saving for future needs and spending properly. They can refer to the financial decisions which an individual or a family unit required to make, obtain budget, savings, and spending.
THEORETICAL BACKGROUND
This study is anchored on the principle of Garman and Forgue that financial success is achievement of
THE PROBLEM AND RESEARCH DESIGN
INTRODUCTION
Rationale of the Study
A Financial Management student is known to be more aware of different financial aspect. One of it is personal finance. The term personal finance has to do with spending, saving and investing. Basically, it is necessary for financial management students to acquire sufficient knowledge about this aspect. As they learn different investment portfolio like insurance, mutual funds, stocks, real estate, foreign exchange and others. They are also knowledgeable about the vital effect in saving money for the present and future expenditure.
Everyday, we will make many complex decisions throughout our lives, some related to our education, career and personal lifestyle and many that affect our financial success. Students experienced the difficulties in managing money due to some certain circumstances. They made their decision based on their personal satisfaction. In every financial decision, you will sacrifice something in order to obtain something else that you can consider more desirable.
Financial management student has lot of advantages in taking up finance course. They can develop the ability to be effective in using financial skills and tools. They can also clarify their financial values and can set their financial goals. They can also identify the specific needs and wants with their financial resources.
Studying personal finance or related finance subject will help the financial management students to avoid the difficulties in financial problem. They can be able to distinguish the importance of investment, saving and spending. Investing in the way they will take risk, saving for future needs and spending properly. They can refer to the financial decisions which an individual or a family unit required to make, obtain budget, savings, and spending.
THEORETICAL BACKGROUND
This study is anchored on the principle of Garman and Forgue that financial success is achievement of