The Effects of Financial Literacy and Spending Behavior on Financial Well-being of Accounting Information Systems Graduates (Valenzuela City): A Quantitative Study
DOI:
https://doi.org/10.5281/zenodo.20094180Keywords:
Financial Literacy, Spending Behaviors, Financial Well-BeingAbstract
This research examined the impact of financial literacy and spending habits on the financial well-being of Accounting Information Systems (AIS) graduates from OLFU–Valenzuela, specifically from the classes of 2023 to 2025. Anchored in Ajzen’s Theory of Planned Behavior, the study aimed to determine how knowledge and behavioral factors influence financial outcomes among young professionals. A total of 80 AIS graduates participated in the study, responding to a 44-item Likert-scale questionnaire designed to measure financial literacy, spending habits, and overall financial well-being. The findings revealed that respondents generally demonstrated high levels of financial literacy, positive spending habits, and strong financial well-being. However, regression analysis showed that spending habits significantly predict financial well-being, whereas financial literacy alone does not have a direct significant effect. The results suggest that financial knowledge contributes to long-term financial stability only when it is translated into consistent and disciplined spending behavior.
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