Financial Literacy Among Pantawid Pamilyang Pilipino Program (4Ps) Beneficiaries: A Basis for Action Plan

Financial literacy encompasses the knowledge, skills, and attitudes necessary for effective financial decision-making and is critical for poverty alleviation. This study assesses the financial literacy levels among Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in Baganga, Davao Oriental, focusing on four dimensions: financial awareness, behavior, knowledge, and skills. Employing a descriptive-inferential design with 360 respondents selected via stratified random sampling, the study identifies significant differences in literacy levels based on sociodemographic profiles. The findings reveal generally high levels of awareness, behavior, and knowledge but notable gaps in financial skills. Based on these results, a targeted action plan is proposed to enhance financial education and promote economic self-reliance among 4Ps beneficiaries.