Love, Life, and Literacy: How Civil Status Shapes Teachers' Financial Savvy

The purpose of this study was to determine the significant difference on the financial savvy when grouped according to civil status. This study used the descriptive-comparative research design. The respondents of this study were the teachers of Dr. P. Ocampo Colleges, Inc., District 8; Division of Cotabato City. The researcher used the universal sampling method in selecting the respondents. The gathered data were analyzed and interpreted by using the statistical tools frequency and percentage, mean, and One-way ANOVA. The results revealed that on the civil status profile of teachers, most teachers are married, with fewer being single, widowed, or legally separated. Moreover, on the level of teachers' financial savvy in terms of money management, credit and debt management, and Planning, Saving, and Investing was revealed as high. Meanwhile, in terms of risk management, the results revealed a moderate result. Further, it was found that there is a statistically significant difference between financial savvy when grouped according to civil status. Lastly, based on the findings, it is evident that among the respondents, teachers who are legally separated and widowed may have a greater need for financial literacy training. Thus, this study recommends, the Department of Education to integrate financial literacy into the professional development programs, the department can foster a more financially savvy teaching workforce.