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Saturday, November 30, 2013

NU12. NEW SPENDING HABITS/ROUTINE by Hector Santos


NU12. NEW SPENDING HABITS/ROUTINE
"STUDENT DAILY ALLOWANCE" SPENDING: PAST & PRESENT

 A  student in a public school living in an urban area… How does  he spend his daily school allowance?
I still remember during my elementary years that I don't spend any money for cell phone load for the simple reason that it's does yet to exist during that time. No expenditure for gaming since computer shop was also non-existent. But when I entered high school and college, the cell phone and computer shop become to spur and the spending habits of every Filipino students become to change.
Today, daily allowances of students are not just spent for foods and transportation but also to cell phone loads and computer shops (for boys). When I interviewed a number of students from public schools, they said that 50% to 80% of their daily allowances were spent for load and computer shops. It may be a different percentage for private school students but for sure, the said spending also consumes a significant percentage on their daily allowance spending.
With the introduction of android phones and internet on cell/android phones, the said spending trend is expected to continue. Peer and classmate pressure to have an access to social networking sites such as Facebook and Twitter also add to these new spending habits of students. New internet websites, applications and games for sure will just sustain these spending habits of every Filipino student.
These will have a good effect to the telecommunication companies and computer shops due to increase in revenue, but bad effects to the students. Instead of buying healthy foods and spending time to more productive work such as helping in household chores, they now spent their money and time in the internet chatting, gaming and surfing.
Every parent should be aware of this new spending habit of their offspring. Good parenting, for sure, will be of big help. <what is being suggested here?>
HECTOR SANTOS JR.

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