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THE PROFOUND GREED: UNDERSTANDING HUMAN…

THE PROFOUND GREED: UNDERSTANDING HUMAN BEHAVIOR REGARDING THEIR NECESSITY OF HAVING MONEY

A Research Proposal Presented to Faculty of Senior High School Our Lady of Fatima University

In Partial Fulfillment of the Requirements for Practical Research 1

Sashie Sophia C. Dadul, Daian A. Lasquite, Janrhick G. Pucio, Angeline Geiil Osorio Pauline P. Tan, Jeremie A. Valles

Michelle Aggabao

DECEMBER, 2018 STEM 11-14

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

1.0 Introduction Nowadays, a lot of people seems to do things that they never wanted, because they just want to past a whole day for them to be able to survive. When we say “things that they never wanted”, those are the things that they are forced to do, things such as stealing, things that could disobey the law just to gain money. They have their own reasons to do such things. They have their own reasons to have certain behaviors. This study is about the different human behaviors or causes of people to act in a certain behavior while doing their own ways just to gain money. Money isn't everything but everything requires money. That's just the truth -- basically, money is one of the things we need to be able to live. A stable job would make us earn enough money for us to make a living. Unfortunately, not every individual is capable of having a job with fine income, or even any job. In fact, almost half the world - over 3 billion people -- live on less than $ 2.50 a day. Why is that? It's because of poverty -- the state of being extremely poor. It is one of the serious global issues we're facing. Why is it related to our topic? The necessity of being financially stable is one of the reasons for some people to do things that are unjust, or illegal things just to earn money. On the other hand, there's also people who's quite obsessed with money, or the thought of spending it with their needs and wants, which makes them change their behaviors. The main objective of this study is to make other people understand that a lot of things can happen in just a matter of necessity. We all have our reasons to do what we're doing. Poverty is overrated- and almost every Filipino is suffering from it. That's one of the main reasons for some people to do things that are unjust, and, if worse, things that could disobey the law, just to gain money. Again, for their own reasons, and for their own necessity. We want to know what are the behaviors of any individual wanting to have something, specifically, money, and the thought of having it. We want to know what can a human possibly do just to fulfill their needs. We're also looking forward to knowing the reasons or causes of people to do things that could disobey the law just to gain money.

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

The beneficial of this research is to aware them and realize how there behavior change in a positive and negative way when they talk about money . This research wants to show them what are the possible effects that can cause a bad side to them . And we, the researcher, want to inform them that money cannot always give what you wanted. Sometimes, money take what you need and bring you in a miserable situation that can affect your daily life / lifestyle.

2.0 Theoretical Framework As in many other behavioral science fields, explanations and predictions are the main goals in finance.4To this end, both theoretical analyses and empirical investigations are necessary. Theories employ abstract deductive reasoning by which conclusions are drawn from sets of assumptions, whereas purely empirical studies are inductive in nature. As theories provide guides for empirical studies and empirical studies provide tests of the assumptions and conclusions of theories, they are complementary (Henderson and Quandt 1958). Nevertheless, it is a theoretical argument that drives us to launch further quest for truth and that is why all areas of science evolve around theories. No single theory can completely resolve problems. Given the real-world complexities, actual decision making procedures are often heuristic. Obviously, case study settings can give more accurate descriptions of the real world than any finance theory can. But theories can guide us toward answers. It is theories, not practical rules of thumb based on experiential learning, that help us identify and analyze the right issues in a changing environment.By adapting theories to the realities of circumstances, we can develop new theories which could shedmore light on reasoning process. Theory learning can provide such high-echelon cognitive objectives as"analysis" and "synthesis," which will further develop into accumulation, distillation, and merging ability.

Few would deny that the CAPM has significantly changed the world of both finance practitioners as well as academicians. The demand for knowledge of finance theory in day-to-day business is ever growing.Therefore, we should encourage the student to challenge finance theory by

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THE PROFOUND GREED: UNDERSTANDING HUMAN…

all means. We should let them fully appreciate that finance theories continuously give a profound impact on professional behavior in the financial world.

2.1 Problem Statement This study aimed to determined the human behavior regarding their necessity of having money with the following questions: Research Question 1: How much will money weigh into your decision on accepting a new role? Research Question 2: Can a person be greedy for other individuals? Why? Research Question 3: What are the possible things that people can do just to gain money ? And we, the researchers will try to answer these questions based on our gathered data and give you different information that you need to know so that you will able to understand the human behavior regarding their necessity of having money more deeper and clearer.

3.0 Methodology 3.1 Research Design This study will be using a qualitative phenomenological design that is used to described how human being experience a phenomenon, which emphasizes the inherent complexities of human and their ability to shape and create their own experiences. This type of study attempts to set aside biases and preconceived assumptions about human experiences, feelings, and responses to a particular situation. This type of qualitative study is efficient to gather legitimate data as it is based on the human experience; it will be easy for us to collect actual data from them, as what they’re about to do here is state their own experiences.

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

3.2 Research Locale The participants informants of this study will come from Our Lady of Fatima University, Quezon City Campus. A lot of students in their mid adolescence are having a hard time to finish their study due to poverty, or financial problems. This would help us collect data from informants regarding our topic.

3.3 Research Population and Sampling / Key Informant Selection In this study, a Non-Probability Sampling Technique will be used. We will use convenience sampling. It is defined as selecting participants because they are often readily and easily available. With this sampling technique, it will be easier for us to collect data from individuals we already know than having to collect data from unknown individuals. The researchers will select (5) five respondents that will be the source of all the data we're about to get. Since we will be using convenience sampling, this will help to overcome a lot of limitations associated with research, such as having to set a specification due to the criteria implied in judgement or purposive sampling. In this sampling technique, the researchers could even set their family members or friends as a respondent.

3.4 Research Ethics In order to collect data, the researcher should keep in mind that the respondents will have to be treated responsibly and ethically. By conducting a research, there will be guidelines such as legal and ethical principles that centers the welfare of all participants in the approved research study. The researchers shall follow research ethics in order to construct an ethical research study. The informed consent, which contains the purpose of the study, procedure, risk and benefits and the voluntarily nature of the research, shall be given to the co-researchers in this study indicating

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THE PROFOUND GREED: UNDERSTANDING HUMAN…

the agreement that should clarify the responsibilities and obligations of all involved in the process. The researchers must assure that all of the personal info from the informants will be confidential. All of the gathered information from the respondents will be strictly observed and will only be used for studies purpose only. Also, to avoid plagiarism, the researcher will cite proper citation of authors and all the other references that will be used.

3.5 Research Instruments The only instrument that we will be using in this study is a one-on-one interview guide. The interview guide is semi-structured in nature consisting of open-ended questions. This will allow the informants to give their preferred response. This questions were flexible and will allow the interviewer to probe and to seek clarification.They will supply a frame of reference for the participants answers, but there will be restrictions.

3.6 Data Collection This study will use primary data collection procedure. Primary data were collected through a series of interview with the five (5) chosen participants. We, the researchers will conduct an intake interview about the participant’s profile. Then the semi - structured interview follows wherein there are sets of questions raised by the us. We will ask some follow - up questions to probe as needed for additional information. The interview that we will conduct will be tape recorded and transcribed for analysis. We will also have records of observation that will be carefully interpreted and analyzed.

3.7 Data Analysis The data collected underwent stages of bracketing and interpretation derived from Burnard"s (1991) stages of organizing data

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Data was deeply analyzed by formulating and interpreting natural meaning units/central themes as they spontaneously emerge from the categories system. to central themes were rigorously reflected upon and transform as the psychological insights that gathered in the data were expressed. the meaning units or themes that surfaced was synthesized and integrated into a consisted description that reflected the participants lived experiences (Giorgi,1986).

4.0 Result These are the findings reported by five participants which are asked some questions regarding our research topic; profound greed of human being. The age range of the participants is 16-19 upon being single parent. Each participant had an individual open-coding or interpretation of transcripts. A brief demographic background is included to support the following data.

The emerging themes and categories of five participants are presented in table 1 in a manner which reflects the organization in order to allow the reader to follow and locate the findings

.

Table 1 The Profound Greed: Understanding Human Behavior Regarding Their Necessity Of Having Money Theme Emerged

Significant Statements

Money Dependence/ Too Dependent when “Money can affect in our role in life. it comes to Money

Because money can buy everything we need and we want.”(R1:1) “I can say that there has a big change in myself when I have a lot money in my

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN… hands. Because I treat myself as a superior.”(R3: 1) “For me money can affect the most. Because when I have money I thought that I can do what I want.”(R4:1)

Huge Influences of Money

“Yes, because money has a big influences in each one of us.” (R4:2) “I think, its a yes. Because other people can make a crime because they want to have money.” (R5:2)

Proper Ways to Gain Money

“I can go to work to earn money. Like when in times of needs I can easily buy what I want.” (R1:3) “First is in terms of work and/or business. And in terms on bad way is corruption. And last is begging or donation in help of other people.” (R2:3) “I can go to canteens just to have and earn money.” (R3:3)

Money as a change for Good Deeds

“I train myself in those chores that I think I can’t and I can.” (R4:3) “We can go to offices and make chores easily.” (R5:3)

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN… Unavoidable Greed

“Yes, because when we have money. We think that we can buy all we want in just spending it easily.” (R1:2) “Yes, because I already feel that kind of feeling when I hold money.” (R3:2)

4.1 Money Dependence/ Too Dependent when it comes to Money

“Money can affect in our role in life. Because money can buy everything we need and

we

want.” “I can say that there has a big change in myself when I have a lot money in my hands. Because i treat myself as a superior.” “For me money can affect the most. Because when I have money I thought that I can do

what

I want.”

Money can affect our lives in such many ways; for it is not ‘everything’ we’ll ever need in life but basically, everything requires money. The participants stated that money can make them feel like they could actually do what they want.

4.2 Huge Influences of Money

“Yes, because money has a big influences in each one of us.”

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

“I think, its a yes. Because other people can make a crime because they want to have money.”

Lack of money and the desperation to gain money can lead some people to do things that might cause harm to others, or disobey the law. Based on the participant’s answers, money serves as an influence for us to do such things.

4.3 Proper Ways to Gain Money

“I can go to work to earn money. Like when in times of needs I can easily buy what I want.” “First is in terms of work and/or business.And in terms on bad way is corruption .And

last is

begging or donation in help of other people.” “I can go to canteens just to have and earn money.”

On the other hand, there are people who would strive hard to gain money. Just like the participants who suggested proper, decent ways to earn money.

4.4 Money as a change for Good Deeds

“I train myself in those chores that I think I can’t and I can.” “We can go to offices and make chores easily.”

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Not every student can focus on studies while doing a part-time job at the same time. So, for them to earn money, as stated by the participants, an alternative and one of the most common way to gain money is by doing the household chores.

4.5 Unavoidable Greed

“Yes, because when we have money. We think that we can buy all we want in just spending it easily.” “Yes, because I already feel that kind of feeling when I hold money.”

The moment people feel the cash in their palms, they won’t deny their desire to spend it as soon as possible; the participants say so.

5.0 Discussion Conclusions

Money

Huge Influences of

Dependence/ Too

Money

Dependent when it comes to Money

EFFECTS AND

Proper Ways to

INFLUENCES OF

Gain Money

MONEY IN OUR LIVES Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Unavoidable Greed

Money as a change for Good Deeds

This graph talks about the effects and influences of money and how it affects our lives. It describes how the respondents make their own ways to gain money and use it for their own needs, it also discusses the positive and negative traits of desiring to gain money. The respondents mentioned several ways that is essential for them to gain money. One of those ways is getting a part time job to earn money. We, the researchers conclude that some of the respondents can basically do things that could possibly reach their limitations, or worse, disobey certain laws to attain what they want. Recommendation

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Respondent 1 :

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

NAME: MARK ANGELO LINGGANAY STRAND&SECTION: ABM 11-14 AGE:17

Research Question 1: How much will money weigh into your decision on accepting a new role? 1. Money can affect in our role in life. Because money can buy everything we need and we want. Research Question 2: Can a person be greedy for other individuals? Why? 2. Yes, because when we have money. We think that we can buy all we want in just spending it easily. Research Question 3: What are the possible things that people can do just to gain money ? 3. I can go to work to earn money. Like when in times of needs I can easily buy what I want.

Respondent 2 : NAME: JERWIN D. CABELLO STRAND&SECTION: ABM 11-14 AGE: 17

Research Question 1: How much will money weigh into your decision on accepting a new role? 1. Its too big the effect of the money in a person because the money is the mechanism that can be move the world in a way of a system. Research Question 2: Can a person be greedy for other individuals? Why? 2. YES, it depends in situation and what person accepting and understand the situation .And it depends of what people need.

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Research Question 3: What are the possible things that people can do just to gain money ? 3. First is in terms of work and/or business.And in terms on bad way is corruption .And last is begging or donation in help of other people.

Respondent 3 : NAME: MARLON GABRIEL TEVES STRAND&SECTION: ABM 11-14 AGE: 17

Research Question 1: How much will money weigh into your decision on accepting a new role? 1. I can say that there has a big change in myself when i have a lot money in my hands. Because i treat myself as a superior. Research Question 2: Can a person be greedy for other individuals? Why? 2. Yes, because i already feel that kind of feeling when i hold money. Research Question 3: What are the possible things that people can do just to gain money ? 3. I can go to canteens just to have and earn money.

Respondent 4 :

NAME: JOSHUA LABESORES STRAND&SECTION: ABM 11-14 AGE: 16

Our Lady of Fatima University

THE PROFOUND GREED: UNDERSTANDING HUMAN…

Research Question 1: How much will money weigh into your decision on accepting a new role? 1. For me money can affect the most. Because when i have money i thought that i can do what I want. Research Question 2: Can a person be greedy for other individuals? Why? 2. Yes, because money has a big influences in each one of us. Research Question 3: What are the possible things that people can do just to gain money ? 3. I train myself in those chores that i think i can and i can. Respondent 5 :

NAME: JOHN MARK PARIÑA STRAND&SECTION: ABM 11-14 AGE: 19

Research Question 1: How much will money weigh into your decision on accepting a new role? 1. It has a big effect in our lives. Sometimes when we don’t control ourselves we make a decision that money are always involved. Research Question 2: Can a person be greedy for other individuals? Why? 2. I think, its a yes. Because other people can make a crime because they want to have money. Research Question 3: What are the possible things that people can do just to gain money 2. We can go to offices and make chores easily.

Our Lady of Fatima University

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