Financial Management Practices and Risk Attitude of Public High School Teaching Personnel in Parañaque City: A Proposed Personal Finance Management Strategies

Abstract

This study examined the financial management practices and risk attitudes of public high school teaching personnel in Parañaque City from Parañaque National High School – Main, San Antonio National High School, and Moonwalk National High School. The research gap lies in the limited localized studies focusing on how financial management practices relate to risk attitude among public high school teachers in Parañaque City. Using a quantitative-descriptive design, data were collected through surveys assessing budgeting, saving, investing, debt management, financial planning, and risk attitude. Findings showed moderate financial management practices and a moderately conservative risk attitude among teachers. Based on the results, the study proposed financial literacy, budgeting, investment, and retirement planning strategies to improve teachers’ financial well-being.