Questionnaire
Spending Habits among Don Honorio Ventura State University
Multi – Purpose Cooperative Members: An Assessment
Date
Dear Respondents,
The researchers, namely, Mary Joy C. Nala, Jhonel P. Cayanan, Jamille D. Macapagal,
Daphne Leigh S. Pineda and Marc Angelo G. Rivera are conducting a study on the spending habits
among Don Honorio Ventura State University Multi – Purpose Cooperative Members: An
Assessment. The researchers prepared a questionnaire for academic purposes and for the partial
fulfillment of their requirements for Senior High School – Accountancy, Business and
Management.
In view thereof, may we request your kind assistance by answering the questionnaire
below.
Rest assured that the information gathered will be treated with outmost care and
confidentiality.
Thank you!
The Researchers
I. DEMOGRAPHIC PROFILE
Please answer the following questions by ticking (√) the relevant block or writing
down your answer in the space provided.
Name (Optional):
Sex: Male Female
Age: 18 and below 19 – 29 30 – 39
z 40 – 49 50 – 59 61 and above
Marital Status:
Single Married D Divorced Widowed
Monthly Salary: i
v
Php 10 000.00 and below
o
Php 10 001. 00 – Php 15 000.00
r
Php 15 001. 00 – Php 20 001.00
Php 20 001. 00 and above
DON HONORIO VENTURA STATE UNIVERSITY Page 1
II. FACTORS OF SPENDING HABITS
Direction: Please indicate to what extent you agree or disagree with each of the following
statements by putting a check mark below the number that corresponds to your answer.
Range Verbal Description
1 Strongly Agree
2 Agree
3 Disagree
4 Strongly Disagree
A. SOCIAL FACTOR 1 2 3 4
1. I tend to spend money on products that is on sale or discount period.
2. I spend more money when I am with my friends.
3. My friends influence me to spend money on the things they spend upon too.
4. I tend to spend more money when I am with my family.
5. My family influence me to spend money on the things they spend upon too.
6. I allocate money for my family needs and wants.
B. ASPECT OF THE PRODUCT
1. I spend money depends upon the price of a product.
2. I spend money depends upon the quality of a product.
3. I spend money depends upon brand name of the product.
4. I usually spend money when the brands I like produce a new product.
III. CONSUMER’S RESPONSE ON THE CONTINUOUS GROWTH OF THE MARKET
A. NEEDS AND WANTS 1 2 3 4
1. I budget all of my needs beforehand.
2. I spend my money accordingly to the plan (budget).
DON HONORIO VENTURA STATE UNIVERSITY Page 2
3. I don’t hesitate to spend my money when it comes to food.
4. I prefer to commute in terms of transportation.
5. I spend money for gas consumption because I have my own service vehicle.
6. I spend money for my electricity and water bill.
7. I spend money for my rental of my apartment or house loan.
8. I spend money for my investments or saving.
9. I spend money for my benefits. (GSIS/PhilHealth/Pag-ibig)
10. I spend money on medicines.
11. I spend money for my supplies.
12. I spend money on internet connection and cable.
13. I spend money on beauty products.
14. I spend money on watching movies in a cinema.
15. I spend money on alcohol beverages.
16. I spend money on cigarettes.
17. I spend money on sudden meet ups.
18. I spend money on shopping.
19. I allocate money for travelling or vacation.
B. CURRENT TREND
1. I tend to spend money when there is a new unit of phone from a popular brand.
2. I tend to spend money when there is a new model of car from a popular brand.
3. I tend to spend money when there is a new arrival of clothes from a popular brand.
4. I tend to spend money when there is an opening of a known restaurant.
5. I easily got influence to the foods that is on trend like Milk tea or Samgyupsal.
DON HONORIO VENTURA STATE UNIVERSITY Page 3
Below is the survey questionnaire adopted to the study “Spending Habits of Management
Students” by Abawag et. Al (2019).
IV. LEVELS OF SPENDING
A. PERSONAL NEEDS 1 2 3 4
1. I spend my money on latest fashion design for clothes, shoes, and bags.
2. I compare prices when I buy clothes, shoes and cosmetics.
3. I prefer higher end personal items that are more expensive than the regular ones.
B. FOOD 1 2 3 4
1. I compare prices when I spend for foods.
2. I usually eat on restaurants.
3. I usually eat on carinderia.
4. I usually eat on fast food chains.
5. I prefer eating homemade meals.
C. ACADEMIC PURPOSES 1 2 3 4
1. I compare prices when I spend for school supplies.
2. I don’t hesitate to spend my money when it comes to academic purposes.
3. I spend large percentage of my money on review materials such as photocopies /
printed handouts.
D. TRANSPORTATION 1 2 3 4
1. I prefer walking rather than taking a tricycle or cab.
2. I prefer to commute in terms of transportation.
3. I spend money for gas consumption because I have my own service vehicle.
DON HONORIO VENTURA STATE UNIVERSITY Page 4
REFERENCES
Abawag et. Al (2019). Spending Habits of Management Students. Retrieved on July 29, 2019 from
SPENDING%20HABITS%20(THESIS)/Spending_Behavior_of_Management_Students.pdf
An Economic Investigation into Post-Soviet States (2011). Peace Economics, Peace Science
and Public Policy 12(1): 1–26. Retrieved on July 25, 2019 from
https://www.researchgate.net/journal/1072457_Peace_Economics_Peace_Science_and
_Public_Policy
Blackwell, R.D., Miniard, P.W. and Engel, J.F. (2001). “Consumer Behavior”, 9th ed. Fort
Worth, TX: Harcourt. Retrieved on December 4, 2019 from
http://christintheclassroom.org/vol_37a/37a-cc_141-156.pdf
Birari, A., Patil, U. (2014). Spending & Saving Habits of Youth in the City of Aurangabad,
The SIJ Transactions on Industrial, Financial & Business Management, 2(3): 158 – 165.
Retrieved on July 29, 2019 from https://www.semanticscholar.org/paper/Spending-%26-
Saving-Habits-of-Youth-in-the-City-of-Birari-Patil/6c3921e8d607171085d7b177e06038fc
63ccc9c5
Biddle, B. J., Good, T. L., & Goodson, I. (Eds.). (2013). International handbook of teachers and
teaching (Vol. 3). Springer Science & Business Media. Retrieved on December 4, 2019 from
https://pdfs.semanticscholar.org/de92/c32bd3e9ca74935525e87c43a9c5e6db01d7.pdf
Castillo et. Al. (2017). Cooperatives in the Socio-Economic Development of the Chavaia, Qiana
"Miscellaneous Travel Expenses". Retrieved on July 25, 2019 from
http://www.wisebread.com/7-budget-items-youmay-be-forgetting.
Chih, S.S. (2012). Empirical study pertaining to the effect of price on customer satisfaction with
DON HONORIO VENTURA STATE UNIVERSITY Page 5
respect to Dominos and Pizza HUT, International Journal of Applied Services Marketing
Perspectives. Retrieved on July 25, 2019 from https://open.uct.ac.za/bitstream/handle
/11427/8540/thesis_com_2014_com_montandon_a.pdf?sequence=1
Dr._Eulogio_T._Castillo_Paper_for_Vietnam.PDF
Drucker, P. F. (2005). Managing oneself. Harvard Business Review, 83(1), 100-109. Retrieved
on December 4, 2019 fromhttps://www.ee.iitb.ac.in/~hpc/.old_studs/hrishi_page/random/
manage.pdf
Fill, C. (2002) Marketing communications: Contexts, strategies and applications, 3rd ed. Italy:
Pearson Education Limited. Retrieved on December 4, 2019 from
https://www.ebsglobal.net/EBS/media/EBS/PDFs/Marketing-Communications-Course-
Taster.pdf
Gries, T., Ha, V.D. (2014). Household Savings and Productive Capital Formation in Rural
Vietnam: Insurance vs. Social Network, Modern Economy, 5: 878-894. Retrieved on July 25,
2019 from http://dx.doi.org/10.4236/me.2014.58081.
Handel, A. (2014). The Power of Leisure. Retrieved on July 25, 2019 from url:
http://goo.gl/AUdNZP
Hax, A. C., & Wilde, D. L. (2003). The Delta Model-a new Framework of strategy. Journal of
Strategic Management Education, 1(1), 1-21. Retrieved on December 4, 2019 from
https://pdfs.semanticscholar.org/0ade/578258c05df74d873f023f5338fdac615804.pdf
Hlatshwako, C. (2010). Economic empowerment of Swazi society through cooperative
development. Coop Africa, Working Paper No. 13. Mbabane: International Labor
Organization. Institution. Retrieved on July 25, 2019 from
DON HONORIO VENTURA STATE UNIVERSITY Page 6
http://oit.org/public/english/employment/ent/coop/africa/download/wpno13cooperativesinsw
azi.pdf
Javier, E. R., & Deligero, J. C. L. (2014). Job Satisfaction of the Teaching and Non-Teaching
Staff of the Lyceum of the Philippines University Batangas. International Journal of
Information, Business and Management,6(4), 1. Retrieved on July 25, 2019 from
https://www.semanticscholar.org/paper/Employees'-Organizational-Satisfaction-and-Its-
with-Laguador-Castro/77fbea2bbf12ec34013e69179ed54bb72bd3ea7b#references
J.P.B. Mutangira (2017). Performance of Multi-Purpose Cooperatives in The Shiselweni
Region of Swaziland. Retrieved on July 25, 2019 from
Spending%20Habits%20(Research%20Files)/PERFORMANCE%20OF%20MULTI-
PURPOSE%20COOPERATIVES.pdf
Juneja, P. (2018). Reviewed by Management Study Guide Content Team. MSG Content Team
comprises experienced Faculty Member, Professionals and Subject Matter Experts.
Retrieved on December 4, 2019 from https://www.managementstudyguide.com/role-of-
family-in-consumer-behaviour.htm
Keynes, M. (2015). Propensity to Consume. Retrieved on July 25, 2019 from
http://www.encyclopedia.com/topic/Consumption_(Economics).aspx\
Levenson, N. (2014). Spending money wisely; getting the most from school district budgets. The
District Management Council (2009), 6-7. Retrieved on August 27, 2019 from
https://smarterschool spending. org/sites/default/files/resource /file/ Research_
Spending%20Mone% 20 Wisely.pdf
Lusardi, A. (2018). Financial literacy and the need for financial education: Evidence and
DON HONORIO VENTURA STATE UNIVERSITY Page 7
implications. Retrieved on August 27, 2019 from https://gflec.org/wp-
content/uploads/2018/12/Finlit-and-Need-for-FinEd-Paper_Lusardi-December2018-
SJES.pdf?x22667
Mankiw N and Gregory (2012). 7th Edition Macroeconomics. Retrieved on August 27, 2019 from
http://irfanlal.yolasite.com/resources/N.%20Gregory%20Mankiw%20Macroeconomics%2C
%207th%20Edition%20%20%20%202009.pdf
McDonald, Bruce D., and Robert J. Eger. (2010). The Defense-Growth Relationship. Retrieved
on August 27, 2019 from ttps://www.degruyter.com/view/j/peps.2010.16.issue-
1/peps.2010.16.1.1191/peps.2010.16.1.1191.xml
Montandon, A. (2014) Social Influence of Siblings and Friends in Generation Y’s. Retrieved
on August 27, 2019 from https://pdfs.semanticscholar.org/5f2e/5123b9ab6253da13
f65dad342395bb8654c4.pdf
MSE. (2014). Young People Should Cultivate Attitude of Rational Spending. Retrieved
on August 27, 2019 from mce.edb.hkedcity.net/upload/news/Rewrite-125-engm.doc.
Nguyen, T. (2016). Exploring the impacts of financial education on behaviour change in
personal finance management. Retrieved August 22, 2019 from https://oro.open
.ac.uk/48662/1/Dissertation%20Tam%20Nguyen%20%20submission%20final.pdf
Norvilitis, J., Merwin, M., Osberg, T., Roehling, P., Young, P. & Kamas, M. (2006).
Personality factors, money attitudes, financial knowledge, and credit-card debt in college
students. Journal of Applied Social Psychology, 36(6), 1395-1413. Retrieved August 22, 2019
from https://onlinelibrary.wiley.com/doi/abs/10.1111/j.0021-9029.2006.00065.x
Pillai, R., Carlo, R., & D’souza, R. (2010). Financial prudence among youth. Munich
DON HONORIO VENTURA STATE UNIVERSITY Page 8
Personal RePEc Archive, 22. Retrieved on August 27, 2019 from
http://mpra.ub.unimuenchen.de/22450/1/MPRA_paper_22450.pdf
Roberts, I. (2011). Advance Leisure and Recreation. Retrieved on December 4, 2019 from
https://books.google.com.ph/
Sekar, M., & Gowri, M. (2015). A study on financial literacy and its determinants among
Generation Y employees in Coimbatore city. Great Lakes Herald, 9(1), 35–45. Retrieved on
August 27, 2019 from https://www.greatlakes.edu.in/herald/pdfs/march-2015/Article_3.pdf
Shimp, T.A. (2003). Advertising, Promotion, and Supplemental Aspects of Integrated Marketing
Communications. 6th ed., USA: Thomson South-Western. Retrieved on December 4, 2019 from
file:///C:/Users/emjay/Downloads/The_Impact_of_Promotional_Tools_on_Consu.pdf
Swaziland Government and UNDP (2012). Rural cooperatives and sustenance development.
Mbabane: Ministry of Agriculture. Retrieved on August 27, 2019 from
http://www.conscientiabeam.com/pdf-files/agr/70/IJSAR-2016-3(4)-58-71.pdf
Tandelin E (2010). Portfolio dan Investasi Teori dan Aplikasi Edisi Pertama. Retrieved on
August 27, 2019 from http://iosrjournals.org/iosr-jbm/papers/Vol14-
issue6/H01465256.pdf?id=7380
Villanueva, S. (2017). An analysis of the factors affecting the spending and saving habits of
college students. Factors Influencing Financial Behaviors, 4. Retrieved August 23, 2018 from
https://www. westga.edu/~bquest/2008/ local08.pdf
Villegas, B. M. (2010). "Economic Wants and the Filipino Citizen" Guide to Economics for
Filipinos (2010) 7th Edition. Retrieved on August 27, 2019 from
https://www.worldcat.org/title/guide-to-economics-for-filipinos/oclc/232579077
Xiao, J.J, Dew, J., (2011). The financial management behavior scale: development and
DON HONORIO VENTURA STATE UNIVERSITY Page 9
validation, Journal of Financial Counseling and Planning, 22(1): 49-53. Retrieved on August
27, 2019 from https://www.semanticscholar.org/paper/The-Financial-Management-Behavior-
Scale%3A-and-Dew-Xiao/cd4d6a898fa4534057812a80f1c52feafd8c5c28
Zallocco, Perreult and Kincaid (2008). Promotion, Persuasive Communication in Marketing
(Irwin-Dorsey Limited, White, Senecal, Morgan, Blackwell & Miniard). Retrieved on
December 4, 2019 from https://ijbssnet.com/journals/Vol_7_No_1_January_2016/9.pdf
DON HONORIO VENTURA STATE UNIVERSITY Page 10