Assessment on the level of responsiveness to literacy on personal investment of filipino seafarers

.

They also rated factors that only slightly contribute to their literacy as their company's HRD program, the media and their schools. These findings may be due to the fact that very few maritime agencies provide financial education programs, most of them do not have plenty of time off board to explore what the media offers and they may see the media as only a resort for entertainment, not for educational purposes and very few Philippine maritime schools educate in practical matters like managing one's finances when they get their jobs. The Filipino Seafarers Level of Literacy on Personal Investment When it comes to the literacy on personal investment, the Filipino Seafarers strong points are in the matter of investment goal setting. This is because investment goal setting can be personalized and is highly known for most individuals engaging in investment. When it comes to the knowledge on places to invest and types of investment outlets, they are fairly or somewhat knowledgeable which may be caused by the emerging financial industry and availability of investment outlets. Their weakest point however is the knowledge on the nature of their investments. This is likely because the nature of investment includes concepts like interest rates, risk, maturity, etc. These topics are usually not learned easily considering that the field of expertise of the Filipino Seafarers is far from the field of finance. The Filipino Seafarers Level of Responsiveness to Literacy on Personal Investment The Filipino Seafarers level of responsiveness to their acquired knowledge or their literacy on personal investment was measured and their level of responsiveness. Gauging with the ide

Filipiniana

5