Personal Money Management

Activity 1

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

Yes, I am familiar with those types of piggy bank 

2. Do you use them to save your money?

I used to use them to save my money, but now I get my allowance using e-money, so I don’t really use piggy banks anymore.

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

I don’t use them because I get my allowance using e-money, which also means that I rarely use cash anymore.

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?

Personally, I think that saving money in a bank ks more effective, especially because these days, people don’t use cash as often. Some stores even limits transaction to cashless methods.

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 your budget.

3. What is the first step?

The first step is to know your income

4. What is the last step?

The last step is to keep track of your expenses

Activity 3

1. First, insert the debit card into the machine

2. Choose the language

3. Enter your personal identification number (PIN Number)

4. Choose deposit in the menu

5. Choose check in the menu

6. Choose yes

7. Select the account type

8. Select whether you want a receipt or not

9. Insert the check

10. Make sure that the amount is correct

11. Press continue

12. Take your card and receipt