Effectiveness of a Strategic Intervention Material in Enhancing Financial Literacy and Budgeting Skills of Learners
DOI:
https://doi.org/10.5281/zenodo.20338172Keywords:
financial literacy, budgeting skills, strategic intervention material, Araling Panlipunan, quasi-experimental design, learner-centered instructionAbstract
This study determined the effectiveness of the Strategic Intervention Material (SIM) titled Badyet Ko, Buhay Ko! in enhancing the financial literacy and budgeting skills of Grade 9 Araling Panlipunan learners. The study used a quantitative action research approach with a quasi-experimental pre-test and post-test control group design. Learners with moderate baseline scores were selected and randomly assigned to the control and experimental groups. The control group received usual classroom instruction, while the experimental group received the same competencies with the support of the contextualized SIM. Data were gathered using a validated 30-item multiple-choice test aligned with Araling Panlipunan Grade 9 competencies on income, consumption, savings, needs and wants, and basic budgeting. The data were analyzed using mean, standard deviation, frequency distribution, paired-samples t-test, and independent-samples t-test at the 0.05 level of significance. Findings showed that both groups had developing financial literacy and budgeting skills before the intervention, with no significant difference in their pre-test scores. After the intervention, both groups improved; however, the experimental group obtained a higher post-test mean score (M = 25.29, SD = 1.49) than the control group (M = 19.07, SD = 1.07). Significant differences were found between pre-test and post-test scores within both groups and between the post-test scores and mean gain scores of the control and experimental groups. These results confirmed that Badyet Ko, Buhay Ko! was effective in enhancing learners’ financial literacy and budgeting skills. The study implies that contextualized and learner-centered SIMs may strengthen practical financial education in Araling Panlipunan and support learners in applying budgeting concepts to real-life situations.
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