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Financial Literacy Among Pantawid Pamilyang Pilipino Program (4Ps) Beneficiaries: A Basis for Action Plan

Year: 2025

Type: article

Abstract: Financial literacy encompasses the knowledge, skills, and attitudes necessary for effective financial decision-making and is critical for poverty alleviation. This study assesses the financial literacy levels among Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in Baganga, Davao Oriental, focusing on four dimensions: financial awareness, behavior, knowledge, and skills. Employing a descriptive-inferential design with 360 respondents selected via stratified random sampling, the study identifies significant differences in literacy levels based on sociodemographic profiles. The findings reveal generally high levels of awareness, behavior, and knowledge but notable gaps in financial skills. Based on these results, a targeted action plan is proposed to enhance financial education and promote economic self-reliance among 4Ps beneficiaries.

Source: International Journal For Multidisciplinary Research

DOI: 10.36948/ijfmr.2025.v07i03.46305

Authors: Emmalyn Navarro, Analie B. Nemenzo -

Institution: Davao Oriental State University

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: No poverty, Quality education, Reduced inequalities

Open Access status: hybrid

OpenAlex ID: W4410851656