This research project is created by Grade 11 Seijitsu (HUMSS) students of Philippine Nikkei Jin Kai International School. The students, Khimberly Calledo and Kairyl Antipuesto, made this blog for their project in Empowerment Technologies.
Title: Nikkeisians' Budgeting Problem
Statement of the problem:
In the premise of every school, students, ranging from Elementary to Senior high school, are given their own pocket money or allowance by their parents or guardians. In a young age, they are already allowed to freely use the money they are given. They could use it on delicious food or refreshments, toys or anything a store can offer. However, a student's life is not as carefree as people think it is. As a student gets older, they begin to realize that trival things like toys, or delicious food are not what they should really focus on. As school works get harder, many students find budgeting a bit more harder than it used to be. Print outs here, photocopies there, work to do everywhere! Due to these funds, students learn to budget over time. Or is that really the case? Are students capable of prioritizing their needs?
We had chosen Philippine Nikkei Jin Kai International School and interviewed students ranging from Elementary to Senior High school. This research's interviewees said that they are given their own allowance by their parents or guardians. In their young age, they are capable in spending their allowance to buy stuffs like toys, and of course, yummy and delicious snacks. However, as a student begins to mature, they begin to think on how they should value and spend their allowance in a right and just way. They experienced paying for their own photocopies, prints, school materials, and etc. But are they capable of saving money and buying their wants in life from the total cost of all their everyday spend? Based on the research's data, most students replied that their allowances are normally spent on food. And it is followed by their outings then their transportation and others. On the other hand, few replied that they are able to put some of their allowance into their savings.
Hypothesis
We, the researchers, assume that the students of Nikkei Jin
Kai International School can budget their allowances and possess the ability to
prioritize their needs before attending their wants. We also believe that most
students are capable of saving their money.
Data Analysis
Based on the data that we have gathered through survey, most
students have replied that their allowances are normally spent on food. A few
answered they used their money on outings, transportation and others. However,
we noticed that only a few replied that they are able to put their allowance into
their savings.
Conclusion
Students, even back in the day, are given pocket money by
their parents so that they will be able to afford what they need in school.
This pocket money is often used by students to buy food, refreshments, toys,
etc. However, there will always be a time where students are not able to budget
their money properly and it normally does not end well for them. As a result,
most of them were able to learn from their mistakes and are normally cautious
of what they are going to spend their money on. Sadly, this does not apply to
everybody. Some students still make mistakes in budgeting their money and would
not learn from it at all. Therefore, we conclude that further research or a
simple action such as giving advice to the lower years should be implemented.
Very well presented data, it is good to the eye! I too agree with the conclusion that students having this kind of problem must also be mind by the adults in terms of handling their money properly.
ReplyDeleteThe web design of the whole blog is clean, yet a bit plain for my tastes. But it's perfectly readable and serviceable. Good job! - Janelle Gabas
ReplyDeleteIt was nice data, and easy to understand. It is difficult to handling our money because of we buy what i want.
ReplyDeleteThis article is very calm and i love the design.
It is hard to handle money especially when we got stress, few or most of us going to stress eating.
ReplyDeleteVery good research, handling money is not easy .
ReplyDeleteYes, Students must spend their money wisely.
ReplyDeleteBudgeting really is hard especially at school! I get hungry whenever the class is dismissed..
ReplyDeleteAlso the blog is easy to understand and read!
The short message in the banner was a nice touch to the blog. The information shown was good, although it had a few typographical errors. The content possessed adequate information about the topic and the website's design was minimalistic.
ReplyDeleteWe must know how to budget our money, It is a investment for having a bright future- Jairah Papas
ReplyDeleteAs a student, it's hard to budget your money especially on different expenses. I had to agree that budgeting is one of the student's main problem. The article is well presented and the blog is easy to understand
ReplyDeletewe should really learn how to budget especially now that we are conducting a research and we need money for printing
ReplyDeleteThis blog is well-written and very helpful especially to us students. Nicely done!
ReplyDeleteI can relate to this problem because as a student I always find it hard to save money and budget it for the more important things especially with all the temptations around (food). I agree that we should give some advice to these students and teach them how to use their money carefully. The blog is very well-written and understandable, for me this is the best so far hmm.... maybe its because I can relate to the topic? hahaha
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ReplyDeleteBudgeting is kinda hard(for me), like you'll be tempted to buy foods/stuffs that you wanted to buy even though you're saving your money for something more.
ReplyDeleteThe data was Good and no doubt that the presentation is spectacular.
ReplyDeleteThis report is very nice I like the color of graph
ReplyDeleteit has nice content of blog i like the number of students who spend 7% of their savings
ReplyDelete-Mikio Kikuchi
DeleteI agree with you. It's really hard to spend money properly especially for students like me that's why budgeting of one's money must be put into habitual practice. This blog I think is a good source of information.
ReplyDeleteI like the background of your blog and the data was well presented. Students should be wise in spending their money and they should save money and make it a habit.
ReplyDeleteYou lack some important details like the graph. I like the way you made your article, it's simple but easy to understand. Your background is also simple but the font is easy to read.
ReplyDeleteI totally agree. I hope students will know how to budget their money.
DeleteThis blog has reminded me as a students that I must be responsible enough in handling and budgeting my daily allowance. From now on, I will not be spending my money everyday for Ice Cream hehe. Good Blog!
ReplyDeleteI love how ya'll used green, since it is the color of money and luck great choice of colors! The font size is little big but I appreciate that it's readable for visually impaired people like me. Though your blog lacks graphs and charts to further explain the data, it's still informative~ great job!
ReplyDeleteNIce tips will consider
ReplyDeleteThis is Ralph Lozada
DeleteI totally agree as a student I should also be responsible enough to spend my money in a good way
ReplyDeleteAs a student, budgeting is indeed a must. Budgeting must be a habit for us so dealing with it in the future holding bigger amounts of money will not be hard to handle. Thank you for reminding me about this matter!! :) Hoping for students to practice budgeting. Nice content, btw. Keep it up!!
ReplyDeleteBudgeting is the most basic and the most effective tool for managing your money. Yet, most people avoid doing it because it is additional work, much like cutting your lawn or fixing the roof. Budgeting also connotes that you have to give up and stop yourself from enjoying stuff.
ReplyDeleteTrue food is one of the reasons why students cannot save
ReplyDeleteThank you for this blog. This will help me to save money.
ReplyDelete-Dorothy Mercado
This blog is very interesting and it contains topic which will truly be an eye-opener for each students. Good job. - Kairyl Antipuesto
ReplyDeleteThe way it was presented is very clean and simplistic making easy on the eyes, not too much clutter.
ReplyDelete