BACKGROUND OF THE STUDY

Career selection is one of the many important choices students will make in determining future
plans (Bochert, 2002). The decision will affect them in their whole lives. Thus, if people made a
wrong choice, it will direct all their efforts and sources into a wrong path which doesn’t match
with the expectations. In this 21st century, our economic industry demands professionals to
work in the field yet people have set to a limit on their career choice because of financial
problems. If this is the problem and not given an action, one’s dreams will not turn to reality but
when this problem turns as a motivation, people will be able to uphold those limitations that
hinder them to success. Dreaming is an open-door that individuals have their own desires on
what career they want to pursue.

Across the countries, there financial crisis occurring. In the Southeast Asia and European
Union’s financial turning point of 2008 followed by the sovereign debt crisis represented major
events in the regions and beyond. The lack of economic finance may result to a devastating
impact to the population. In Africa it is clearly viewed that it was a low education system due to
the less financial support of their government. Moreover, Africa is ranked to be on top with
regards to malnourishment of the children and youths out of school because of their poor state
of life. The quality of life they have will shape them to have less professionals. Globally, financial
limitation could be one of the major factors affecting the economic growth.

Countries worldwide are facing financial crisis and these results to branches of problem.
Philippines is gradually falling in the rear of its regional neighbours of Malaysia, Vietnam, Korea
and Indonesia with regards to economic progress. In the country’s capital-Manila, only a few
they as prospering financially while the rest of them saw themselves as striving in terms of
economic insurance. The Gallup Heathway state of Global Well-Being Index 2014 gave an
account that Filipinos knowledge of financial certainty is remarkably below finances are also a
problem among students especially when they choose to pursue their study away from their
hometown. It is also point out that Filipinos in rural residents are more to suffer than those in
urban areas.

https://www.academia.edu/39242549/Group7_11B_Financial_Limitations
In the Philippines, financial difficulties can affect career choices, especially if you live in a rural
area. In the Philippines, most families have financial problems because it is difficult to find a job
in this country without a university degree. Rising product prices in the Philippines can also
affect families’ finances, especially paying bills. Families living in squatter areas can limit the jobs
they can find, which can affect their financial situation, as they prioritize their children’s future
career. Most students career aspirations here in the Philippines has high tuition fee thus making
them choose different career paths that they are not interested with because of their financial
situation.

Here in Lingsat Integrated School , Most Students here are coming in a middle class family.
Student’s chose to study here because Other school’s has high tuition fee , But here in Lingsat
integrated school , it only has a 1 strand which is HUMMS and student’s here has no choice but
to study here even it is not the career that they want to purse because of their financial
Situation. Financial Difficulty are one of the major factors affecting the students in pursuing
their desired career. Due to financial problems, some students come to the point of setting their
career choice in accordance of their parents will and what is at hand. In addition, the goals that
students set would only be draining the energy.