The Impact of Investment Behavior to Financial Well-Being Among Small Medium Enterprises in Panabo City

The study aimed to determine the relationship between investment behavior and financial well-being of SME’s in Panabo City. 138 participants of SME’s owners or managers in Panabo City were the respondents of this research. Along with this, the goal of this study was to analyze the impact of financial socialization on financial behavior and well-being. It also investigated how the gender and age modifies the impact of financial behavior on financial well-being. The number of respondents was determined by the researchers using the simple sampling technique and the descriptive-correlation method. The statistical tools used were mean and person-r. The result revealed that the level of investment behavior of SME’s in Panabo City in terms of spending and saving pattern gathered the highest mean of 4.11 rated as high, and investment technique gathered the highest mean of 3.77 rated as high. For the level of financial well-being of SME’s in Panabo City in terms of financial preparedness for emergency gathered the highest mean of 4.00 rated as high, current money management stress gathered the highest mean of 3.82 rated as high and perceived financial security gathered the highest mean of 4.05 rated as high. The researchers strongly recommend to sustain high SME performance in Panabo City required continuous adaptation to new trends, highlighting a significant positive relationship between investment behavior to financial well-being. The computed correlation coefficient of 0.599 and associated p- of 0.000, which is below 0.05 led to the rejection of the null hypothesis.