FINANCIAL

PLANNING
Learning Objective:
1. At the end of the lesson, I can
create a financial plan.
Financial Planning
The process of assessing the
current financial situation of a
business to identify future
financial goals and how to
achieve them.
 Exploration!
A part of Mr. and Mrs. Agbuya’s monthly cash record summary is shown
below.
MONTHLY CASH RECORD SUMMARY
Months Receipts Payments Kinds of Payments
Food Housing Education Bills Transportation Savings
January ₱58 000 ₱58 000 ₱14 500 ₱18 560 ₱6 960 ₱6 380 ₱7 540 ₱4 060
February ₱53 000 ₱53 000 ₱16 000 ₱16 000 ₱6 000 ₱5 500 ₱6 500 ₱3 500
November ₱42 820 ₱42 820 ₱12 800 ₱12 800 ₱4 800 ₱4 420 ₱5 200 ₱2 800
December ₱ 42 800 ₱ 42 800 ₱12 800 ₱12 800 ₱4 800 ₱4 400 ₱5 200 ₱2 800
Total ₱655 200 ₱655 200 ₱ 163 800 ₱ 209 644 ₱78 624 ₱72 092 ₱85 176 ₱45 864
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Total Cash Payment=
Housing ₱18 560 32%
Education ₱6 960 12% ₱14 500 + ₱18 560 +
Bills ₱6 380 11% ₱6 960 + ₱6 380 +
Transportation ₱7 540 13% ₱7 540 + ₱4 060 =
Savings ₱4 060 7% ₱58 000
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Payments: Budget Percentage Percentage
Food ₱14 500 25% P=
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January Percentage
Food ₱14 500 25%
P=
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January
Cash Payment Summary
for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Exploration!
Here’s the summary of the cash payments of Mr. and Mrs. Agbuya for
the month of January

Cash Payment Summary

for the Month of January
Food ₱14 500 25%
Housing ₱18 560 32%
Education ₱6 960 12%
Bills ₱6 380 11%
Transportation ₱7 540 13%
Savings ₱4 060 7%
Total ₱58 000 100%
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000
Aug-05 ₱15 000 ₱80 000
Aug-10 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500
Aug-20 ₱15 000 ₱20 000 ₱50 000
Aug-25 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000
Total
Percentage
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000
Aug-05 ₱15 000 ₱80 000
Aug-10 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500
Aug-20 ₱15 000 ₱20 000 ₱50 000
Aug-25 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000
Total ₱1,425,000 ₱37,000 ₱75,000 ₱42,000 ₱290,000 ₱117,500
Percentage
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000 ₱120 000
Aug-05 ₱15 000 ₱80 000 ₱95 000
Aug-10 ₱90 000 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500 ₱825 000
Aug-20 ₱15 000 ₱20 000 ₱50 000 ₱85 000
Aug-25 ₱50 000 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000 ₱721,500
Total ₱1,425,000 ₱37,000 ₱75,000 ₱42,000 ₱290,000 ₱117,500
Percentage
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000 ₱120 000
Aug-05 ₱15 000 ₱80 000 ₱95 000
Aug-10 ₱90 000 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500 ₱825 000
Aug-20 ₱15 000 ₱20 000 ₱50 000 ₱85 000
Aug-25 ₱50 000 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000 ₱721,500
Total ₱1,425,000 ₱37,000 ₱75,000 ₱42,000 ₱290,000 ₱117,500 ₱1,986,500
Percentage
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000 ₱120 000
Aug-05 ₱15 000 ₱80 000 ₱95 000
Aug-10 ₱90 000 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500 ₱825 000
Aug-20 ₱15 000 ₱20 000 ₱50 000 ₱85 000
Aug-25 ₱50 000 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000 ₱721,500
Total ₱1,425,000 ₱37,000 ₱75,000 ₱42,000 ₱290,000 ₱117,500 ₱1,986,500
Percentage 71.73% 1.86% 3.78% 2.11% 14.60% 5.91%
Try this!
The cash payment record for the month of August of TechSolutions Inc.
TYPES OF PAYMENTS
Total
Date Salaries Utilities Rent Marketing Travel Supplies Payment
Aug-01 ₱20 000 ₱100 000 ₱120 000
Aug-05 ₱15 000 ₱80 000 ₱95 000
Aug-10 ₱90 000 ₱90 000
Aug-15 ₱712 500 ₱75 000 ₱37 500 ₱825 000
Aug-20 ₱15 000 ₱20 000 ₱50 000 ₱85 000
Aug-25 ₱50 000 ₱50 000
Aug-30 ₱712 500 ₱7 000 ₱2 000 ₱721,500
Total ₱1,425,000 ₱37,000 ₱75,000 ₱42,000 ₱290,000 ₱117,500 ₱1,986,500
Percentage 71.73% 1.86% 3.78% 2.11% 14.60% 5.91% 100%
 PERFORMANCE TASK
Quarter 1
GENERAL INSTRUCTIONS: Look for
a partner and accomplish this task.
Read and understand every detail of
this task. Your task will be hand-
written. Make your work original and
avoid relying on AI. Give it your best!
You receive a weekly allowance and need to
manage it wisely. To do this, allocate your
spending using percentages: set aside portions
for essentials like snacks and school supplies,
save for future goals such as a new phone or
gadget, reserve some for-leisure activities like
hanging out with friends or buying a new game,
and keep a portion for unexpected expenses
like surprise school fees or emergencies.
Create a plan for saving towards
something special and consider how you
might use your savings for future needs.
Submit your work on a short bond paper
inside a white slide folder, including a
cover page, introduction, financial plan,
and a 100-word reflection.
At the end of the week, review how
closely you followed your budget by
comparing your actual spending and
saving to your plan. In your reflection,
explain any differences between your
plan and the actual outcome, and
discuss what you learned about
managing your money.
Your budget and reflection will be
evaluated based on how accurately
you used the percentages, the
clarity and practicality of your plan,
and how well you analyze and
explain your financial decisions.
 EXAMPLE FINANCIAL PLAN
Category Percentage Amount Description Actual Difference
Spending
Essentials ? ? e.g. snacks, ? ?
school supplies

Future Goals ? ? ? ? ?
Fun Activities ? ? ? ? ?

Unexpected ? ? ? ? ?
Expenses
Savings Plan ? ? ? ? ?
Tithes ? ? ? ? ?
Total Budget 100% ? Total Allowance ? ?