Seatwork #3 - Economic Self and Well-Being

1. What are the emerging competencies that would help me economically survive?

As of now, dealing with finances is a responsibility and at the same time a challenge as I
am coming closer to an age where adulting is a significant phase of one’s life and will
significantly determine how one will be able to handle it. Being financially stable plays a huge
role in deciding how much of a responsible person you are which is why I think that keeping up
with knowledge and skills associated with personal finance or others is a must to differentiate
what is a good financial decision from a bad one.

2. Why should I pay my taxes correctly?

As it is a crucial responsibility once an individual reaches adulthood and acquires an

occupation and income. It is important to know that taxes play a significant role in our society
and social norms as it determines the economic performance of the country. Influence others in
paying taxes is also beneficial as it builds a community of people who knows their responsibility
in contributing to the country’s development.

3. Why should I learn about the hidden agenda of both product and service providers and
the long-term effects of such an agenda?

Being aware of such hidden agendas would give you the leverage of knowing the roots
and ideas behind products and services and how they can be. Such knowledge will allow you to
make smart decisions and help in avoiding the consumption of time and effort. Problematic
situations would occur in situations that are not carefully dealt with properly which is why
keeping in mind such hidden agendas is highly significant for personal finance.

4. What new skills would I like to learn within twelve months? Why?

Handling financial resources is the best and most resourceful skill that any individual can
possess as it teaches us discipline, responsibility, and the ability to manage and spend money
wisely. It is a skill that will become beneficial in the long run as it slowly but to financial stability
and contributes to how one should live their life with peace of mind. Also, a skill where I can
create opportunities and resources to establish my income stream as it is something I have to
acquire to be financially stable. Being able to establish that will secure my future and living while
doing something I’m passionate about as my career.

5. What can I do to have more meaningful relationships with my family and friends?

Personally, the simplest way to gain more meaningful relationships is to spend more time
with people that one cares about and just simply be yourself to them. As someone whose love
language is quality time, I do enjoy the occasional hang-out sessions with my friends and family
as it is a simple yet powerful way to connect with others through conversing, watching movies,
playing games, and so much more ways to have fun. Another thing to keep in mind is that
people tend to become more fond of you when you bring yourself to your get-togethers as it
shows who you are and how much you care about them which is seen from your upbringing and
personality. There’s nothing complicated to deepen a relationship as it depends on the people
you want to be. A simple concept of knowing who enjoys your company and who doesn’t. If they
don’t show any signs of reciprocated affection, it just means it’s not worth your time to hang out
with people who don’t appreciate your presence. Choose wisely who you want to hang out with
and don’t change a single thing about yourself as it attracts the real ones.