Big-Five Personality Traits and Spending Behavior of College Students

Spending behavior commonly affects how an individual uses their money to fulfill their wants and needs without any use of control. This study aimed to determine the spending behavior among college students at Bukidnon State University, Malaybalay City, Bukidnon. It also explored the relationship between big-five personality traits and spending behavior. The study utilized a descriptive correlational quantitative design to establish the relationship between independent and dependent variables. A random sampling method was used to select 327 students from the College of Business. The results showed that college students assessed themselves as high in their big-five personality traits. Spending behavior was also found to be often manifested among college students. Furthermore, the study found that big-five personality has a significant relationship with college students spending behavior. It is confirmed that there is a significant correlation between the big five-factor model and the theory of reasoned action.