JENNY E.

VESILLAS
CHM- BSTM
FOUNDATION UNIVERSITY
BUSINESS FINANCE-HOSM11A

ACTIVITY FOR PERSONAL FINANCE TOPIC

I. Watch the given video links and provide a brief and concise reaction to each situation
given in the video:

1. https://www.youtube.com/watch?v=R0TznyjIZxA
Four Simple Habits for Personal Finance Success -- Mint Featured on ABC News
Money Matters

Reaction- Setting attainable financial objectives is a difficult task. While it's admirable to
be ambitious, it's also critical to be realistic. Just remember that taking tiny steps is the
only way to effectively generate long-term wealth. As you begin to realize your earning
potential and fulfill some of your goals, you can begin to establish more ambitious goals.
Keep your objectives concise and detailed so you know when they've been met.

2. https://www.businessinsider.com/rich-famous-celebrities-who-lost-alltheir-
money-2018-5
25 celebrities who were rich and famous before losing all their money

Reaction- Many children, as well as a significant percentage of adults, aspire to be famous.

Celebrities appear to float above the world in affluent, ideal bubbles, oblivious to the petty
trials and anxieties that plague the rest of us. Celebrity's lovely exterior is all too often a
tragic delusion. It's difficult to feel sorry for someone who earn millions of dollars a year and
are protected from reality by armies of helpers and sycophants, yet celebrities do endure
challenges that ordinary people do not.

II. Instructions:
Please read the success stories of the featured wealthiest tycoons in the Philippines
(given link) who have proven perseverance and hard work pave the way for fulfilled
dreams.
 https://www.ecomparemo.com/info/broke-to-billionaire-filipinoentrepreneurs
From Broke To Billionaire: 10 Success Stories of Self-Made Filipino
Entrepreneurs

Please chose at least 3 of the self-made entrepreneurs whose rags-toriches stories

have amazed you and have inspired you to become one-a self-made Filipino
entrepreneur, and why them?
Conclude your answer with a personal comment or opinion, how effectively these self-
made entrepreneurs (your chosen 3) have applied the six Money Management
Practices (Reading 3-Personal Finance topic) to maintain a sound financial condition.

Answer- Mariano Que (Founder and Owner of Mercury Drug), Socorro C. Ramos (Co-founder
of National Bookstore), and Tony Tan Caktiong (Founder of Jollibee). They know what the
market wants and offer it, since there's money to be made when there's a demand. No world
conflicts or tragedies will be able to stop you from accomplishing your objective if you work
hard and stay focused. And, with careful attention to customer feedback and the correct
attitude toward risk and reward management, you, too, can succeed in a competitive field.
Because the range of options and problems that founders of young businesses confront is
vast. Entrepreneurs must continually ask themselves what business they want to be in and
what capabilities they would like to develop. Similarly, the organizational weaknesses and
imperfections that entrepreneurs confront every day would cause the managers of a mature
company to panic. Many young enterprises simultaneously lack coherent strategies,
competitive strengths, talented employees, adequate controls, and clear reporting
relationships. Because there is such a wide range of possibilities and issues that young
business owners face. Entrepreneurs must consider themselves what business they want to
be in and what skills they want to develop on a daily basis. Similarly, the organizational flaws
and faults that entrepreneurs face on a daily basis would make a mature company's
managers worry. Many new businesses suffer from a lack of consistency in their strategy,
competitive advantages, competent people, adequate controls, and clear reporting lines.

RUBRICS for Grading:

Criteria 1 2 3 4 Score

Focus/ Main The essay The essay is The essay is The essay is
Point poorly focused on focused on the focused,
addresses topic and topic and purposeful,
topic and includes few includes and reflects
includes loosely related relevant ideas clear insight
irrelevant ideas and ideas
ideas
Support Provides little Supports main Supports main
Persuasively
or no support point with some point with
supports
for the main underdevelope main
developed point
point d reasons with
reasons and/or
and/or exampleswelldevelope
examples d reasons
and/or
examples
Organization The Information is Information is Information is
& Format information organized, but organized with very organized
(Paragraphs, appears to be paragraphs are wellconstructed with well-
Transitions) disorganized not well paragraphs constructed
constructed paragraphs.

Language Little or no use Some use of Appropriate Effective and

Use, Style & of elements of elements of use of creative use
Conventions style style. elements of of elements
(Sentence style of style to
structure, enhance
Many errors in Contains
word choice, meaning
grammar, frequent errors Uses correct
grammar, spelling, in grammar, grammar,
spelling, and spelling, spelling, and Uses correct
punctuation) punctuation, and punctuation grammar,
makes reader’s with few spelling,
punctuation
comprehensio errors punctuation
n throughout
difficult with very few
errors
Understandin Writing shows Writing shows Writing shows a Writing shows
g little adequate clear strong
understanding understanding understanding understanding