Title

PARENTS’ GAMBLING BEHAVIOR:
ITS EFFECT TOWARD FINANCIAL MANAGEMENT PRACTICES
AND MONEY ATTITUDES

Author(s)

Amores, Shineth Clear

Ogoc, Dianne Elezabeth

Rosauro, Nicole Anne

Affiliation

Misamis University

Degree Program

Bachelor of Science In Business Administration

Contributor

Carpio, Renzitelo Alf P. - Adviser

Ilusorio, Gilda L. - Panel

Elmedulan, Arniel Jr. M. - Panel

Carpio, Renzitelo Alf P. - Instructor

Year

2024

Abstract

Parents’ gambling behavior encompasses a wide range of activities related to wagering money or valuables on an event with an uncertain outcome leading to financial strain and emotional stress. This study examined the effect of parents’ gambling behavior toward the financial management practices and money attitudes. This study utilized quantitative research approach using descriptive correlational research design. There were 250 gambling parents who were chosen through purposive sampling technique. The study took place in Ozamiz City. Gambling Behavior, Financial Management Practices, and Money Attitude questionnaires were used as instruments in gathering data. Frequency, Percentages, Mean, Standard Deviation, Pearson Correlation Analysis, Regression Analysis were used as the data analyses. The results show that the respondents have low level of gambling behavior while the level of their financial management practices and money attitudes are rated as high. Meanwhile, there is a perfect positive correlation or highly significant relationship among the gambling behavior and financial management practices as well as the gambling behavior and money attitudes. These reveal that gambling parents show responsible approach in financial management making them to balance their responsibilities and their household as well as their respective activities in the gambling activity. In this vein, practices and a balanced approach to money among parents to mitigate potential risks associated with gambling behavior could be emphasized.

Keywords

Financial Management Practices, Gambling Behavior, Gambling Parent, Money Attitudes