Financial Literacy, Behavior, And Well-Being Among Young Women Professionals

Abstract

A spike in inflation makes it difficult for many to afford even necessities. Especially for women who have higher incidences of experiencing financial stress, financial well-being is an integral element for overall satisfaction. This study examines the impact of financial literacy and financial behavior on the financial well-being of young women professionals in Cotabato Province. Using a quantitative-descriptive correlational research design, data were collected through adapted survey questionnaires from 100 young women working as public-school teachers in the Cotabato Province. While financial literacy and financial behavior correlate with financial well-being, only financial literacy has a direct influence. The study demonstrates how financial literacy fosters positive attitudes and responsible practices, enabling young women to manage finances, reduce stress, and achieve financial security, aligning with the Theory of Planned Behavior (TPB). Moreover, the findings emphasize the need for targeted financial education and behavior-change programs to support young women in building sustainable financial futures. By addressing a gap in research on financial well-being among young women in rural public schools, this study contributes valuable insights to financial literacy and policy development in ensuring financial security.