UNIT 5: Personal Money Management

          BUILDING KNOWLEDGE OF THE FIELD

          ACTIVITY 1

      1. Are you familiar with those types of piggy banks?

            Yes, I'm familiar with those types of piggy banks.

      2. Do you use them to save your money?

            I used to use them to save my money when I was a child.

      3. Why do you use them? Why don’t you use them?

            I use them to save my remaining pocket money which is it's only a small amount of money so i                can't save it my bank account right away.

      4. Which one do you think is more effective, saving your money in the piggy bank or in a bank?                  Why do you think so?

            I think it's more effective to save my money in my bank account because I can just take my money from the ATM whenever I need it and it can also connect to mobile banking in my phone. So, whenever I want to use the money, I can use it right away by transferring or use it as an e-money, so I don't have to bring a big amount of money in my wallet.

          ACTIVITY 2 

      1. Mention three things you need to set a budget.

            Discipline, planning, and prioritization.

      2. How many steps are there to plan your budget?

            There are 6 steps to plan budget.

      3. What is the first step?

            Know your income. You have to know how much you can spend each month.

      4. What is the last step?

            Keep track. Keep the income and track the expenses to adjust your finances monthly by using a             finance book or apps.

            ACTIVITY 3

      1. First, insert your debit card into the machine.

      2. Enter your personal identification number.

      3. Select the type of transaction by pressing the appropriate key.

      4. Select the deposit type, account type, and your deposit receipt option.

      5. Insert your check to the machine then make sure if the amount of deposit on the screen is correct.

      6. Take your receipt and debit card from the ATM.