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The Effect of the Daily Allowance in the Academic Performance of the Second Year Students of the University of the Immaculate Conception Ay 2012 – 2013

In: Business and Management

Submitted By emil25
Words 330
Pages 2
The Effect of the Daily Allowance in the Academic Performance of the Second Year Students of the University of the Immaculate Conception Ay 2012 – 2013

CHAPTER 1
THE PROBLEM AND ITS SETTING
Introduction
The practice of giving children allowances developed in the early twentieth century when children's purchases of movie tickets, candy, and toys raised concerns about their spending habits. During the Progressive Era (1890s–1920s), allowance advocates recommended giving children a regular but fixed supply of money to inculcate respect for money. Child had endorsed allowances to encourage benevolence and fiscal responsibility. Progressive-era child-rearing authorities joined a much larger chorus calling for new money training regimes in women's magazines and parental advice literature (Child, L.M., 1831).
However, despite the benefits gained by the students of having allowance, there are problems and disadvantages present. For example, a student has poor spending habits. They tend to think that this is their money and they can do whatever they want with it. Students have the tendency to spend their allowances on their recreational activities such as, renting a computer unit for fun and games, buying items at the shopping mall, and spending money for the peers.
As a study, the proponents seek the effects in line with the daily allowances of students to their academic performance.

Statement of the Problem
1. What is the academic performance of the Second year students of the Bachelor of Science in Business Administration Major in Financial Management A.Y. 2012 – 2013 in the University of the Immaculate Conception?
2. What are the advantages and disadvantages of the student’s allowances to their academic performance?
3. How does the Bachelor of Science in Business Administration Major in Financial Management A.Y. 2012 – 2013 students budget their...

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