EXPENSE

MANAGEMENT
MEMBERS OF GROUP

HỒ HÀ TRANG NGUYỄN BẢO CHÂU

NGUYỄN PHƯƠNG THẢO NGUYỄN TUỆ MINH

 Main Content
1. Definition of expense management

2. General reality of students

3. The reasons why we should manage expense

4. Ways to manage more effectively

 1. What is expense management
Expense management includes activities which relate to money
management, expenditure arrangement and saving money plans
 2. General reality of students
• most high-school students are given pocket-money by
their parents

-> they can use the money for many purposes such
as eating, moving, hanging out, or shopping
• some of them can’t control and quickly
become penniless
• easy to pay for stuff like some Shopee orders or
some junk foods without considering

----> Many high schoolers waste money at first and then they will have trouble at last
 “Money is multiplied in practical value depending
on the number of W’s you control in your life: what
you do, when you do it, where you do it, and with
whom you do it.”

Tim Ferriss
 3. The reasons why we should manage expense
Balance contingency budget, Ensure peace of mind for our Provide better understanding
spending and saving of finance
family

Enhance living Manage and

avoid bad debts
standard
4. Ways to manage more effectively
• Have a detailed/specific list of things to buy & divide into the Needs and the
Wants

Needs Wants

Birthday presents Books

Holiday Gifts Coffee

School supplies A new pair of trainers

Lunch etc.
• Divide the amount of money available to four groups: saving-
giving-investing-spending.

Example: Total amount: 100.000VND

Saving: 30.000VND
Giving: 10.000VND
Investing: 30.000VND
Spending: 30.000VND
Question
Time