EXPLORING THE FINANCIAL LITERACY OF LONG-TERMED DIALYSIS PATIENTS IN THE PHILIPPINES

Abstract

The study investigated the Financial Literacy of Long-Termed Dialysis Patients in the Philippines. This study employed a descriptive correlation design in its research tasks. The objective of this design is to provide fixed depictions of occurrences and establish the correlation between different variables and the respondents of the study are the sixty (60) long termed dialysis patients selected using the purposive sampling method. A criterion was formulated in selecting the respondents of the study. The selection criteria include being a Filipino citizen and being on dialysis treatment for seven (7) years and up. Moreover, the research instrument was modeled on the tool of Galang (2021). Financial literacy includes financial knowledge, financial behavior, financial attitude, and financial training. The result indicated that Long-term term dialysis patients have a high level of Financial Knowledge, Behavior, and Attitude. This finding suggests that long-term dialysis patients possess a strong understanding of financial matters, exhibit responsible financial behaviors, and hold positive attitudes toward managing their finances. These attributes may contribute to their ability to navigate the complex financial challenges associated with their medical condition and treatment. Likewise, possessing financial literacy can enable patients to effectively allocate funds for essential medical costs and actively pursue financial aid options when necessary.

 Keywords: Financial Literacy, Long-Termed Dialysis Patients