Financial Planning- long-term profit planning aimed at generating greater return on
assets, growth in Market share and at solving foreseeable problems.
I am responsible to plan on how to manage my money in our household.
___Always ___Sometimes ___Never I’ll always follow the rules on how to use my money. ___Always ___Sometimes ___Never Whenever I received money, I am planning on how to use it. ___Always ___Sometimes ___Never Financial Acquisition- is the capital that is obtained for the purpose of buying another business. Acquisition financing allows the user to meet their current acquisition aspirations by providing immediate resources that can be applied toward transaction. I am responsible of any decision for expenses in our farm. ___Always ___Sometimes ___Never I am aware for the deficiency of other farmer in terms of managing money ___Always ___Sometimes ___Never I have a disciplinary-mindset in terms of managing money. ___Always ___Sometimes ___Never
Financial Allocation- an authorization to incur expenses or obligation up to a specified
amount, for a specific purpose, and within a specific period. a. Budgeting I have experience to borrow money in order to pay my loan. ___Always ___Sometimes ___Never I have a record on my personal expenses. ___Always ___Sometimes ___Never I have an assurance to pay of all of my expenses. ___Always ___Sometimes ___Never b. Saving I save money for my farming. ___Always ___Sometimes ___Never I have an extra money when it comes for emergency or other expenses. ___Always ___Sometimes ___Never I have an insurance for myself and also for my family. ___Always ___Sometimes ___Never
Thank You! God bless!
Level of Financial literacy among Filipino Rice farmers I. Socio-Demographic profile Instruction: Please check the item that accurately describes you. 1. Gender ___Male ___Female 2. Age ___20-30 years old ___31-40 years old ___41-50 years old ___51-60 years old ___61 and above 3. Highest Educational Attainment ___Elementary ___High School ___College ___Technical/Vocational Education 4. Size of Landholding ___1-3 hectares ___4-6 hectares ___7-10 hectares ___11 hectares and above 5. Position relative to land ___Owner ___Tenant 6. Years of Farming Experience ___1-5 years ___6-10 years ___11-15 years ___16-20 years ___21 and above years 7. Number of Family members ___2-3 ___4-6 ___7-9 ___10 and above 8. Frequency contact with agricultural technician ___Once every month ___At least once a year ___Twice a year ___Once every cropping ___None at all 9. Membership in association/cooperative. Are you a member of a farmer’s association or cooperative? ___Yes ___No 10. Have you attended a farmer’s training or seminar in the past two years? ___Yes ___No