Household Debt Rate Management in a Credit Economy: An Empirical Review of South African Context

Dr. Ifeanyi Mbukanma, Prof. Ravinder Rena — Fri, 25 Nov 2022 00:00:00 +0000

Purpose: The purpose of this paper was to ensure that household debt burden is minimised, and savings provision is made to smoothen future household expenses, practical household management knowledge needs to be acquired to manage these challenges most especially in a country that practices credit economy like South Africa. Methodology: This study was conducted on this context to ascertain a practical knowledge model for household debt management in a credit economy with a major focus on the South African context. To achieve this objective, an empirical review of previous works of literature on household financial management and debt management was conducted to build a practical knowledge model for household debt management that applies to the South African context. Although, the empirical review shows that limited logical theories and models exist within this area of study, as such concept and constructs that apply to household debt management was exploited from previous scholarly contributions in this area of study. Findings revealed that South African household with financial knowledge has more potential to manage and control their level of indebtedness. Secondly, it was also revealed that there is a continuous increase in household debt in South Africa as the credit economy has created room for continuous usage of credit facilities. Implications, a practical knowledge Model such as financial planning model, financial discipline model and knowledge of financial environment model was recommended to assist both households and policymakers. Originality this paper strategically manages the increase of household debt growth amidst the credit economic system that is practiced in South Africa.

Students Learning Experiences on the delivery of E-Learning Modality during the Covid-19 pandemic: a case study of the Senior High School Students of MSU-LNCAT (Philippines)

Sinab Mustari — Fri, 25 Nov 2022 00:00:00 +0000

Purpose: In response to the virus's spread, school administrators joined the call to cancel physical education classes after President Rodrigo Duterte imposed a lockdown during the early Covid-19 outbreak in the Philippines. As a result, the classes were converted to online classes. However, there are difficulties and challenges in terms of student and teacher experiences with the aforementioned online classes. This study was conducted to determine the awareness and knowledge of senior high school students about e-platforms that teachers use to deliver classes during school closures. Additionally, this study is designed to also learn about the students' practices when using the electronic platforms mentioned. Students' challenges and difficulties were also taken into account when using the platform. A change in learning motivation in the electronic environment was also provided. Methodology: This study used a quantitative approach with a descriptive design. Descriptive statistical tools were used in order to provide descriptive analysis of the data. The instrument used is a researcher's made survey questionnaire which has undergone a pilot test to assess its reliability and accuracy. Findings: Findings revealed that the majority of respondents were aware of and informed about the possibility of using social media apps to continue their classes. With the exception of utilizing headphones, the students demonstrate positive practices in using the e-platform during their online class. The experiences and difficulties students had during online classes, as well as their preference between traditional and online classes, were also addressed. Implications This study implies that the school and its administrators should, whenever possible, enhance their instructional approaches for online classes. In order for teachers to make the most of the online class, school administrators should also increase teachers' readiness, particularly their knowledge of social media tools. Originality This is likely the first published study that discusses the use of electronic platforms used in online classes and the experiences and difficulties faced by the students. Up until this point, no study had been published that examined the experiences and challenges of online classes in Marawi City, Philippines.

Researchers World - International Refereed Social Sciences Journal

Household Debt Rate Management in a Credit Economy: An Empirical Review of South African Context

Students Learning Experiences on the delivery of E-Learning Modality during the Covid-19 pandemic: a case study of the Senior High School Students of MSU-LNCAT (Philippines)