INDIVIDUAL OUTPUT

TOPIC: Managing Personal Finances

EXPECTED OUTPUT: Financial Plan Date Due: Feb 14/15, 2019

Instructions:

This contains a guide in creating your own financial plan. The final output
comprises 25% of your final grade for the course. You task is to set a future goal
which entails management of money in order to achieve it. See yourself 3 to 4 years
from now as a young professional or a business person. With an expected monthly
income and regular expenses, set a realistic goal that must be accomplished in two
years. The amount of money that you will raise in order to achieve the goal must be
at least 10 times your projected monthly income and you should be able to reach that
target by the end of two years.

Use the following table as an example.

TABLE 101

Monthly Income Php35,000.00

Food 12,000.00
Itemized Monthly Expenses (Php400 per day for 30
days)
Transportation 6,000.00
(Php300 per day for 20
days)
Other Expenses 8,000.00
Monthly Total Expenses Php26,000.00
Monthly Savings Php9,000.00
Total Savings in Two Years Php216,000.00
Financial Goal One Week European Tour Php500,000.00
(2 years from today)
AMOUNT OF MONEY TO Php284,000.00
RAISE
Plan(s) of Action
1. Savings
a. Regular Savings
b. Time Deposits
c. Money Market

2. Investments
a. Stocks and Bonds
b. Personal Business

3. Bank loans

Go to at least three different banks to get information about options #1 and #3.
(May do this online too)
Show proofs of your search/transactions with these banks. Know about
 interest rates
 required documents
 terms and conditions

For option #2, identify the companies you wish to invest in and give your reason(s) for
choosing them. It might be necessary for you to refer to the performance of each company
by getting the necessary data from the Philippine Stocks Exchange (PSE)
http://www.pse.com.ph/stockMarket/home.html.

DEADLINE OF SUBMISSIONS:

Be aware of the deadlines shown below. Submit all outputs through the GOOGLE
CLASSROOM.

1. Table 101 29/30 January 2019, 11:59PM

2. Bank Inquiries, Data from PSE 7/8 February 2019, 11:59PM
3. FINAL Financial Plan 14/15 February 2018, 11:59PM

Here is how you will be graded based on the THREE (3) required outputs above:

Table 101 20%

Bank Inquiries, Data from PSE 30%
Final Financial Plan (with Analysis) 50%