PREPARING FOR YOUR

FUTURE
QUESTION TO PONDER:

What was the biggest money mistake

you’ve ever made and why?
AVP: Ganda ni Girl
(https://www.bsp.gov.ph/Media_And_Research/Multimedia/FinEd/Ganda%20ni%20Girlie.mp4)
Financial Literacy in the Philippines
FINANCIAL PLANNING
❖ Financial planning means documenting and assessing ​an
individual's (or household’s) current money situation and
long-term financial goals, as well as strategies to achieve
those goals.
( Source: https://www.investopedia.com/terms/f/financial_plan.asp)

REGULAR FINANCIAL PLANNING IS

ESSENTIAL TO FINANCIAL HEALTH
Why Make a Financial Plan?

Control over spending Sustainable lifestyle

Security from risk Freedom from debt

Freedom from worry Realizing goals

AVP: Pitaka
https://www.bsp.gov.ph/Media_And_Research/Multimedia/FinEd/Rebirth.mp4
AVP: Saved by the Bells (Ang Kwento ni Mila)

https://www.bsp.gov.ph/Media_And_Research/Multimedia/FinEd/Save%20by%20the%20Bells.mp4
SAVING – Why Do We Save?

School/Education Sickness
Employment Calamities
Properties acquisition
Marriage Accident
First Baby Epidemic
Growing Family Death
Retirement Planning
HOW DO WE SAVE?

YOLO
Simplify your lifestyle by
living below your means FOMO
 Bank
Where to Save?
Savings Products

LIQUIDITY

SAFETY
Savings Deposit Time Deposit Check Deposit Basic Deposit Account
SECURITY
• For emergency • For short-term goals • For payments of • For basic savings, usually
funds, safekeeping obligations for low-income sectors
• Interest is slightly
• Interest is low or higher • Usually with no • Opening amount is no
INTEREST • Maturity is 30, 60,
almost nil interest, except for more than ₱100
90, 180, 364 days some banks
BUDGETING
Some Budgeting Techniques
AVP: Scamatayan
https://www.bsp.gov.ph/Media_And_Research/Multimedia/FinEd/Scamatayan.mp4
FRAUD AND SCAMS
Karaniwang Scam
PONZI AT PYRAMID
SCAM
Walang lehitimong
produkto, negosyo
o investment
Ang kita ay galing
sa mga bagong
recruit na
investors
 FRAUD AND SCAMS
Karaniwang Scam

PHISHING SPOOFING

VISHING SKIMMING
 FRAUD AND SCAMS
Iba pang uri ng scam

Unexpected Prize Unexpected Dating, Romance Threat, Extortion

Money

Donation, Charity Travel Troubles Job Offer Scam Text Scam

TIPS TO AVOID FRAUDSTERS
Keep your computers and mobile devices up to date.

Secure your internet connection

Set strong passwords.

Keep personal information personal.

Watch out for phishing scams.

Shop safely.

Read the site’s privacy policies.

Check ATM machines; ensure that the area is secure, do not withdraw at
night
 SO, REMEMBER

When it comes to your money,

PLAN where it goes,

SAVE whenever you can

And SECURE the money you

worked so hard for to save