Mini project on Money Management Skill. AE501: Communicative English

1. AE501: Communicative English 3
Mini Project
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2. SHARARATH BUNJARAT A/P SENG CHUAN 01DSB13F1039
DIDI SHAFIRA A/P HANIF 01DSB13F1033
LEE CHIEW HSIN 01DSB13F1037
PUTERI NUR HAZIQAH BT. MEGAT YUNUS 01DSB13F1031
NUR DALILAH BT ABD. KARIM 01DSB13F1025
GROUP MEMBERS
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3. introduction
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4. introduction
THERE ARE VARIOUS KIND OF ‘INDEPENDENCE – STARTER PACK’.
MOST OF THE STARTER STARTS FROM HIGHER EDUCATION.
HOWEVER, MANY STUDENTS ARE NOT ADEQUATELY PREPARED
TO HANDLE THEIR OWN FINANCES. ONE OF THE LEADING
REASONS THAT STUDENTS DROP OUT OF STUDY IS BECAUSE OF
FINANCIAL PROBLEMS – OFTEN DUE TO POOR PERSONAL MONEY
MANAGEMENT.
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5. TOPIC:
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6. A Study On Money Management
Skill Among Architecture and Business
Student
TOPIC:
6

7. WHY? We are facing this problem too.
Not knowing where their money
is going.
Not having a plan for their
money.
Not determining wants vs.
needs.
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8. Money is very important to people from all walks of life as
it helps us carry on our daily lives. People today are facing
financial problem especially students as they are not
working or earning money on their own and their
income is mostly depending on their parents, loan or
scholarship. This issue is experienced by us and the other
students in Ungku Omar Polytechnic.
BACKGROUND
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9. OBJECTIVE
To identify the
negative effects
of not managing
money wisely
among students
in Ungku Omar
Polytechnic.
To suggest
ways to
overcome the
problem.
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10. What are the sources of monthly
income?
In what category does most of
their money goes to?
How to overcome the problem?
`RESEARCH QUESTIONNAIRE
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11. METHODOLOGY
:Questionnaire
Male & Female
Student of Ungku
Omar Polytechnic of
Campus B only.
instrument
:percentage
Charts (Pie Chart &
Bar Charts)
data analysis
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12. METHODOLOGY
:Questionnaire
Male & Female
Student of Ungku
Omar Polytechnic of
Campus B only.
instrument
:
percentage (%)
Charts (Pie Chart &
Bar Charts)
data analysis
50 RESPONDENT:
• 25 Architecture Student
• 25 Business Student
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13. 13

14. QUESTIONNAIRE
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15.  The chart shows that the category
of the respondent which is a total
of 50 respondents where it is
divided to two.
0
5
10
15
20
25
30
Male Female
Gender
151 GENDER

16.  25 respondents from architecture
course while the other 25 is from
business course. Most of the
repondents are female.
0
5
10
15
20
25
30
Architecture Business
Course
162 COURSE

17.  More than half of the respondents
apply for PTPTN loan.
0
5
10
15
20
25
30
35
Yes No
Application for PTPTN loan
173 DO YOU APPLY PTPTN LOAN?

18.  It can be clearly seen that
respondents who use RM50 to
RM100 in a week recorded more
than half of the respondents.
 While for respondent that spent
less than RM50 has the least
number.
0
5
10
15
20
25
30
<RM50 RM50- RM100 >RM100
Money spent in a week
184 HOW MUCH DO YOU SPEND IN A WEEK?

19.  Almost a half of the respondents
rely on PTPTN loan since most of
the respondents apply PTPTN loan.
 While respondents who choose
others has the least number
compared to the other three
categories.
0
5
10
15
20
25
PTPTN Parents Part Time Job Others
Income Source
195 WHERE DOES YOUR INCOME MOSTLY COME FROM?

20.  It can be seen that the survey
recorded that most of the
respondents disagree on the
statement 'You spent most of your
money on your studies'.
21
22
23
24
25
26
27
28
Agree Disagree
Respondent's agreement on this statement
'You spend most of your money on your
studies'
206 YOU SPEND MOST OF YOUR MONEY ON YOUR STUDIES.

21.  Almost a half of the respondents
spent money mostly on food.
 While money spent on education
recorded only one-fifth of the
respondents.
0
5
10
15
20
25
30
35
40
45
50
Transportation Food Leisure, etc Education
Money spent on different catogories
217 IN YOUR OPINION, WHERE DO YOU SPEND MOST OF YOUR MONEY ON?

22.  As we can see in the pie chart,
respondents who have RM300 to
RM400 for their income in a month
recorded slightly more than a one-
third.
 While for respondents who have
less than RM100 for their income in
a month recorded the least which
is 8%.
<RM100
8%
RM100-
200
14%
RM200-
300
16%
RM300-
400
36%
>RM400
26%
INCOME IN A MONTH
228 HOW MUCH MONEY DO YOU GET IN A MONTH?

23.  It can be concluded that 38% of
the respondents doesn't have any
saving in a month.
 While 12% of the respondents save
more than RM75.
<RM100
RM75-100
RM50-75
>RM50
None
SAVING IN A MONTH
239 HOW MUCH DO YOU SAVE MONTHLY?

24.  Less than a half of the respondents
spent money on food which
recorded 41.80%.
 While for transportation and
education, there is a slightly
difference of 0.18% between both
category
Transport
ation
Food
Leisure,
etc
Educatio
n
AVERAGE PERCENTAGE
OF MONEY SPENT ON
DIFFERENT CATEGORIES
2410 HOW DO YOU DIVIDE THE MORNEY ACCORDING TO THE PERCENTAGE?

25.  Respondents who respond neutral
recorded the highest number
which is slightly less than a half.
 While only one respondent strongly
disagree on the statement 'The
loan is not enough for 1 sem'
0
5
10
15
20
25
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
Respondants' response on the
statement
'The loan is not enough for 1 sem.'
2511 THE LOAN IS NOT ENOUGH FOR 1 SEM

26.  From a total of 50 respondents, 19
of them agree that walking to
campus can save more money.
 Where only 1 respondent strongly
disagree of this statement.
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0
2
4
6
8
10
12
14
16
18
20
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
Respondents' response on the
statement
'Walking to campus can save more
money.'
12 WALKING TO CAMPUS CAN SAVE MORE MONEY

27.  More than a half of the
respondents agree that riding
motorcycle as transport is much
more cost saving rather than
driving a car.
 There is only one respondent
disagree out of 50 respondents.
0
5
10
15
20
25
30
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
Respondents' response on the
statement
'Riding motorcycle as transport is much
more cost saving rather than driving a
car'
2713 RIDING MOTORCYCLE AS TRANSPORT IS MUCH MORE COST SAVING
RATHER THAN DRIVING A CAR

28.  Most of the respondent strongly
agree that carpool is the best
solution for students.
 But there is 3 respondents who
disagree that this is the best
solution.
0
2
4
6
8
10
12
14
16
18
20
Strongly
Agree
Agree Neutral Disagree Strongly
Disagree
Respondents' response on the
statement
‘Carpool is the best solution for
students.’
2814 CARPOOL IS THE BEST SOLUTION FOR STUDENTS

29. recommendation
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30. Income ≥
Expenses
Create a
spending
plan
Have a
emergency
fund for
unexpected
expenses
Setting
financial
goals
Ex :
Food = Needs
Starbucks
Coffee = Want
Categorizing
their
expenses
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31. Ex : If our
friends invite us
for a movie
but we don’t
have enough
budget we
should say NO
!
Understanding
it’s okay to
say “ NO ” !
Pay bills on
time
Handle
credit card
wisely
Purchase their
“NEEDS” !
Instead of
“WANTS” !
Use the
loans wisely
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32. conclusion
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33. CONCLUSION
People are often overwhelmed by their finances and have difficulty saving
money.
You are not alone.
It may take some changes to your lifestyle and spending habits
The temporary thrill that you get from spending money can't come close to
the satisfaction and sense of accomplishment that you'll feel when you look
at your bank account and see all the money you've been able to save.
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