Financial Literacy Powerpoint For PNP

Financial Literacy
PCPT AGNES ANGELA V BUENO

AGE: MONTHLY INCOME:
SAVINGS :
FUTURE PLANS: WHAT WENT WRONG!
WHAT WENT WELL! PLAN B:
PLAN A:
What is Financial Literacy?
Understanding and knowing how you

can build your personal wealth based
on your present income.
Why financial literacy?
Education for their
01 children
04 Earn a bigger income
To save for the future

05
02 To build a house
06 Self Development
03 To help the family 07 To travel and see other

places
Facing
Realities
Pay off
debt for
the trip
Your Bank Household

Account Expenses
Where does
your
income/money
Support goes?
for Parents Insurance
or Premiums
Relatives
Your
Children Others
Education
I II III
Total Php25,000 Php25,000 Php25,000
Income 26,000 25,000 20,000
________ ________ _______
Less: Total (1,000) (Even) 5,000
Savings
Expenses
_________
__
Balance Tipical Budget Scenarios
• Family Expenses
• Personal Needs such as Clothes, Beer,
Cigarettes , Hygiene and Beauty Products
• Food
• Traveling
• Phone cards / cellphone
• Savings
USUAL EXPENSES/CASH OUTLAYS

Needs
Needs
• Things that you
must have in order
to live and
advance in your
work
• Basic Consumption
like food, clothing
and shelter
Wants
Wants
• Things that you
would like to have
but can live without
• Non-basic items like

jewelries, cigarettes,
alcoholic beverages,
etc.
Needs vs. Wants
House
Tide Innova
Cigarette
French Fries Rice
Gluthatione
• Cut-down expenses relating to the things

you WANT
• Retain expenses relating to the things you
NEED
Know the Difference !
Your Your
NEEDS WANTS
SAVINGS
Refers to the part
of your disposable
income (take-home pay)
that is not spent in
consumption
Be Discipline
Income – Expenses = SAVINGS
Income – SAVINGS = Expenses
PUT SAVINGS FIRST

Redefining Savings
It must be defined as an
EXPENSE
It is an expense that BUYS your
FUTURE
FINANCIAL STAGES
Where does your Money come from?
CASHFLOW QUADRANT
Work for somebody else Go into business
Work for yourself Make your money work for you

The CASHFLOW GAME
INCOME
EXPENSES
LIABILITIE
ASSETS S
JOB OR
PROFESSION INCOME
CAS
HFL
OW
1
EXPENSES
ASSETS LIABILITIES
JOB OR
PROFESSION INCOME
CAS
HFL
OW
2
EXPENSES
ASSETS LIABILITIES
CAS
JOB OR
HFL
PROFESSION INCOME
OW
of
the
RIC EXPENSES
H
ASSETS LIABILITIES
Negative Mindsets
• “I do not have enough money”

• I do not have good enough ideas”
• Distrust of people- “mandaraya
silang lahat”
• Fear of failure
We can attain FINANCIAL
FREEDOM!
In fact, we can be rich !!!

FINANCIAL STAGES
Money
Man & at work
MAN at Money
at work Where are you
work
now?
Where do you want

to be in the future?
Three STEPS to achieving FINANCIAL FREEDOM
1. Plan
2. Save
3. Invest
FIRST STEP to achieving FINANCIAL FREEDOM
PLAN!!!
Steps in Financial Planning
a. Set a time frame for achieving family goals
b. Set family goals together;
c. Discuss and determine how each member
will contribute to achieving family goals
d. Remind everyone of their commitment from
time to time;
e. Monitor whether the family is achieving its
goals or not.
Setting-up Family Goals
Family goals usually centered on the
following:
a. Education
b. Housing
c. Health
d. Retirement
e. Protection/ preparedness
against unforeseen events
f. Savings and investment
Setting a Time Frame for Each Goal
Start answering the following questions:

a. Education- When will all the siblings finish high school or
college?
b. Housing-When can you buy your own home or at least make
the down payment for a new home?
c. Retirement – At what age do you plan to retire?
d. Health and Protection- Do all adults have family health plans?
e. SAVINGS AND INVESTMENT- How much & until when should
you save? Where and how much to invest?
SECOND STEP to achieving FINANCIAL FREEDOM
SAVE !!!
SAVINGS
SAVING is a conscious and deliberate
way of setting aside a portion of the
personal income.
OBSTACLES TO SAVINGS
Procrastination- delaying savings or putting

savings off for another time.
Poor Spending Habits – includes spending

on unnecessary items; impulse buying;
hedonistic lifestyle. Hedonistic means
considering pleasure as the highest good.
OBSTACLES TO SAVINGS
Culture of Dependency- being overly

dependent on others.
Lack of Financial Literacy – Spending on

liabilities or items that decrease in value
over time; not knowing how your money
will grow or work for you.
THIRD STEP to achieving FINANCIAL FREEDOM
INVEST
!!!
SAVE to INVEST
KEEPING MORE of the money

you earn
MAKING MORE with the

money you keep
Stats about earnings
25% 25%
Jupiter is the
Mercury is the
biggest planet of
smallest planet
them all
25% 25%
Saturn is a gas Mars is full of iron
giant and has rings oxide dust
Merc Satur Jupite
Mars
ury n r
Follow the link in the graph to modify its data and then paste the new
one here. For more info, click here
INVESTMENTS
INVESTMENT is the
commitment of funds
made in expectation
of some positive rate
of return.
If the investment is
properly
undertaken, the
return will be
commensurate with
the risk it assumes.
WISE INVESTMENTS
Think of an affordable
project:
• Start small but think big
• Person to handle (Meron/
kaya ba?)
• Viability
Eventual Reintegration:
• Preparation – Acquisition/
Enhancement of skills
• Encourage Family Members
to learn the same skills.
INVESTING IN YOUR OWN BUSINESS
• Remember that not everyone has what it takes

to run a successful business.
• If you think that you have what it takes to
become a successful business person, than its
time to plan your business.
• Think about what business you can engage in.
• Look around you and identify business
opportunities and evaluate each options,
• Do a situational analysis; identify the
strengths, weaknesses, opportunities and
threats to your proposed business.
BORROWING/ LOAN
• Never treat as source of income

• Only when necessary
• Dulot ay ka-LOAN-kutan kung hindi kailangan
- bulabog ng kolektor
Thank you and to
GOD be the glory

Financial Literacy Powerpoint For PNP

Uploaded by

Copyright:

Available Formats

Financial Literacy Powerpoint For PNP

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Financial Literacy Powerpoint For PNP

Uploaded by

Copyright:

Available Formats

Financial Literacy

PCPT AGNES ANGELA V BUENO

FUTURE PLANS: WHAT WENT WRONG!

WHAT WENT WELL! PLAN B:

Understanding and knowing how you

To save for the future

03 To help the family 07 To travel and see other

Your Bank Household

USUAL EXPENSES/CASH OUTLAYS

• Non-basic items like

French Fries Rice

• Cut-down expenses relating to the things

Income – SAVINGS = Expenses

PUT SAVINGS FIRST

Work for somebody else Go into business

Work for yourself Make your money work for you

• “I do not have enough money”

In fact, we can be rich !!!

Where do you want

Start answering the following questions:

Procrastination- delaying savings or putting

Poor Spending Habits – includes spending

Culture of Dependency- being overly

Lack of Financial Literacy – Spending on

KEEPING MORE of the money

MAKING MORE with the

• Remember that not everyone has what it takes

• Never treat as source of income

You might also like