1. In buying essential foods of my family we are using money that is produced by the Central Bank.

We
always buy our food for us to eat three times a day. It will not be possible in our current time if we
don't have money to use as payment although we can plant some crops in our backyard as a source
of food still some people need money to buy daily food.
2. In case of emergency, we always buy medicines and vitamins to keep our body healthy most
especially these days where we are still experiencing a pandemic. My family prioritizes our health so
it is important to sustain our body with the right supplements. Without money that is produced by
the Central bank, it will also be hard for people for having not enough funds who are in charge of
medicine research, we can connect it to the time right now in making vaccines for covid 19.
3. For my own beauty products like facial products, I possibly think that I can’t afford to buy them if I
don’t have money. I can use barter system though if ever we do not have CB but I don’t think there
will be a cosmetic product that is affordable for us since there is no CB that is maintaining the price
stability.
4. In paying our internet bills we use money. Good internet is needed in our family since I am a
student who takes online class, I have siblings who are teacher and also conducting an online class
and also my parents they use this as their way of entertainment. If we do not have money how can
we afford to pay our monthly/daily bill. If using barter system though I think it will be inconvenient.
5. I once had a bank account when I was a high school student, I save all my money from my
allowances and deposited it. If we do not have CB there will be no rules and regulations that will be
followed by the banks and it will cause chaos since they are all free to do what they want and the
interest rates will be high.

As a student in my point of view, if we don’t have CB there is no money. Money is like the symbol of
Central bank for me.