SELF-EFFICACY AND SAVING BEHAVIOR AMONG STUDENTS IN A LOCAL COLLEGE

Abstract

This descriptive-correlational study aimed to determine the level of self-efficacy and saving behavior among students in a local college. The study involved 318 respondents who were selected via random sampling. Survey forms on self-efficacy and saving behavior were willingly answered by the students. The results of the study found that the self-efficacy of the students in terms of generality, magnitude, and strength has a descriptive equivalent of high. It also revealed that the level of saving behavior of the students has a descriptive equivalent of high, which includes the saving aims, saving consistency, and saving attitude. Moreover, the study showed that there is a significant relationship between self-efficacy and saving behavior among the study respondents.