Matilde Melicent Santos-Recto, Jeremy Lumibao
This research was conducted to evaluate the financial health of young faculty members of Central Luzon State University using the three core elements/indicators of financial health developed by Centre of Financial Services Innovation (CFSI), an institution that provides financial service to people in America. These indicators are under of financial health defined by CFSI are: 1. Effective management of one’s day-to-day financial life; 2. Resilience in the face of inevitable ups and down; 3. Capacity to seize opportunities that will lead to financial security and mobility. Furthermore, this study aimed to know if socio-demographic and economic characteristics have something to do with their financial health. A sample size 47 out of 155, relatively 30 percent, young faculty members of CLSU were randomly selected. Data were obtained first-hand by the researcher using survey questionnaires. The researcher concludes that the financial health status of the young professionals in CLSU is only Fair. In addition, it can be concluded also that resilience in unexpected financial circumstances were a bit harder for the respondents. Sex and income have to do with some of the financial health indicators. Lastly, among all the socio-demographic characteristics, only sex and income level have statistically significant relationship with some of the financial health indicators.