Effectiveness of Time and Financial Management Essay

The researchers chose 7 incompatible scholars to conduct a survey active the chosen topic. Most of the respondents came from student assistants category and the others came from the category of donnish scholars. These scholars were given scholarships from Ozanam call for Grant Program and Megaworld Foundation. On the range of their ages, 17-22 years old were the students who were given an opportunity they wanted to acquit.The scholars cosmos interviewed have a daily allowance of more or less 150 pesos. On the chart 1.1 world shown below are some of the expenses of the following students.graphical record 1.1A little number of respondents verbalize that they stay in boarding houses that cost them Php 1,600 to Php 1,700. Literally, the cost was being solved by their parents. 3 out of 7 students said that both of their parents are self-employed. 1 respondent said that his/her parents run a telephone line and another corresponds to unemployed parents. The rest of the students match up on other answers like their father/ sustain neither is an overseas Filipino worker, a tricycle driver, a plain housewife nor was deceased.Researchers proceed to the periodical income of their parents in able to measure the monetary background of each and every respondent. represent 1.2 illustrates the possible periodical income of the parents of these learners.Graph 1.2As you can see, there is an equality of 14,000 and lower and 15,000-20,000 income. It is based on the survey being conducted by the researchers and from the occupation of their parents. On the part of their financial management, they spent the biggest part of their allowance for their food (50%) followed by their transportation and some other expenses. This shows that food is very important especially for the scholars like them. Food is an indispensable and they must not ignore because of the responsibilities they have in the university. The primary reason of the pupils asked in preferring themselves in being a scholar of Adamson University is that because they wanted to help their parents in decreasing the expenses. In this reason, an individual can gear up that financial or money matters are the first land in order for them to have financial management. Other reasons are for them to gain independency.The effectiveness of financial management is measured by proper usance of money and thinking a creative way of using up money. The researchers also find ways on evaluating quantify supervision of scholars. Because of a more number of student assistants being interviewed, about of their cartridge holder is allotted on their duties. Here is Graph 1.3 that shows how long an ordinary scholar uses his /her time in the university.Graph 1.3Take a look of the graph that has been illustrated by the researchers. Student D and F are academic scholars. According to the information gathered from the survey, these students are academic scholars. As academic scholars, their worlds are focuse d on studying. They usually spend time in resting, studying and even have a time for leisure. On the other hand, the remaining students (A, B , C and E) make use of their time in duties and offices.Equalizing time in each activity of a student like them is not easy to do. Like on the Graph 1.3, student assistants are divided in different opinions. Some of them were able to balance their time and others cannot. akin answer was derived by academic scholars. However, they also answered it depends on the situation. Situations are unpredictable and make equalization of time in different planned activities. Somehow, all of them have a time for rest and have a break after long hours from school.Lastly, as a scholar, grade is the most important or basis in acquiring scholarships. Grades of these scholars are not affected by activities being done in school. Therefore, these learners have a good strategic measures in managing their time and studies.ConclusionBased on the presented and interp reted information above, the following conclusions were drawn 1. That most of the scholars spend their money more on food for it is an essential need. 2. That most of the scholars wanted to help their parents to reduce the number of expenses. 3. That most of the scholars allot their time to school by doing different duties but assures that grades of them will not be affected.