Predicting Financial Satisfaction Based on the Savings Behavior of Selected Employees at Phinma Araullo University
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This study aimed to determine how savings behavior predicts the financial satisfaction of selected employees in PHINMA Araullo University. Specifically, it examined the respondents’ demographic profile, level of financial satisfaction in terms of current consumption ability, wealth accumulation, precautionary savings, and future income expectations, as well as their savings behavior in terms of attitude toward saving, subjective norms, perceived behavioral control, and saving intention. A quantitative descriptive-correlational design was employed, involving 231 teaching employees selected through stratified random sampling. Data were gathered using a structured questionnaire and analyzed using frequency, percentage, weighted mean, Pearson correlation, ANOVA, and regression analysis. Findings revealed that respondents demonstrated a moderate level of financial satisfaction and a positive level of savings behavior. Monthly income showed a significant relationship with financial satisfaction, while civil status significantly influenced both financial satisfaction and savings behavior. Regression analysis confirmed that savings behavior significantly predicts financial satisfaction (R² = 0.506). The study concludes that strengthening savings behavior can improve employees’ financial well-being. It recommends implementing financial wellness programs, savings initiatives, and institutional support systems to enhance financial stability among employees.
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