This document outlines a workbook on financial literacy. It begins by defining financial literacy as having the ability to make informed judgments and decisions about money and managing finances. It encourages the reader to take control of their finances in order to plan for their future and achieve their dreams. The workbook contains information on topics like saving, budgeting, spending, and more to build financial skills and literacy.
16 personal finance principles every investor should know sample chapterJagoinvestor
The old name of this book was "Jagoinvestor - Change your relationship with money" . Now its called "16 personal finance principles every investor should know", which is a book written by Manish Chauhan.
16 Personal Finance Principles Every Investor Should Know aims to reorient the way in which people perceive money management. With the help of simple stories and parables, it changes your perception of money management from a complex chore that only financial wizards can master to a simple, commonsense exercise that you can easily undertake.
Every chapter in this book is based on personal finance principles, which when applied can make your financial life full of power, freedom and abundance. It is not written to engage a discerning reader or show-case the authors knowledge; this book is written to help you take action in your financial life.
16 Personal Finance Principles Every Investor Should Know is a veritable manual or guide on how to live an extraordinary financial life. It will show you exactly how to change your relationship with money and make your financial life simple; it will help you to understand the guiding principles of personal finance and bring about a change in your financial situation; it will guide you towards making your financial life more organized.
In a nutshell, it will help you shift gears and start on an exciting journey of wealth creation the only plea that runs through the book is that you must take action!
Buy the book at http://bit.ly/personal-finance-book
As I discussed in advance of, the earlier five months happen to be incredibly annoying for many traders as we're stuck in this particular sideways cost motion. I also observed that August to December is mostly the more powerful months for gold. Whilst gold has long been beneath marketing tension all through the last four weeks I believe there may be mild with the end in the tunnel. It can be ordinarily the darkest right before dawn, but there are some hurtles for gold to above appear in advance of we've been from the distinct which I reveal under.
16 personal finance principles every investor should know sample chapterJagoinvestor
The old name of this book was "Jagoinvestor - Change your relationship with money" . Now its called "16 personal finance principles every investor should know", which is a book written by Manish Chauhan.
16 Personal Finance Principles Every Investor Should Know aims to reorient the way in which people perceive money management. With the help of simple stories and parables, it changes your perception of money management from a complex chore that only financial wizards can master to a simple, commonsense exercise that you can easily undertake.
Every chapter in this book is based on personal finance principles, which when applied can make your financial life full of power, freedom and abundance. It is not written to engage a discerning reader or show-case the authors knowledge; this book is written to help you take action in your financial life.
16 Personal Finance Principles Every Investor Should Know is a veritable manual or guide on how to live an extraordinary financial life. It will show you exactly how to change your relationship with money and make your financial life simple; it will help you to understand the guiding principles of personal finance and bring about a change in your financial situation; it will guide you towards making your financial life more organized.
In a nutshell, it will help you shift gears and start on an exciting journey of wealth creation the only plea that runs through the book is that you must take action!
Buy the book at http://bit.ly/personal-finance-book
As I discussed in advance of, the earlier five months happen to be incredibly annoying for many traders as we're stuck in this particular sideways cost motion. I also observed that August to December is mostly the more powerful months for gold. Whilst gold has long been beneath marketing tension all through the last four weeks I believe there may be mild with the end in the tunnel. It can be ordinarily the darkest right before dawn, but there are some hurtles for gold to above appear in advance of we've been from the distinct which I reveal under.
Kakeibo, pronounced "kah-keh-boh,“ is officially a “budgeting journal used to set savings goals and spend wisely”.
It hit the headlines in 1904, when it was promoted as a way for housewives to manage budgets.
The Japanese government encouraged the idea, to help people save
Kakeibo makes you plan how much to spend beforehand rather than writing down what you spent .
At the beginning of each month, you’re meant to sit down and think about:
How much you have to spend ?
How much you want to save ?
What you need to do to reach your goals ?
During the month, you track the money coming in and going out.
Then at the end of each week and month, you
Add up what you’ve spent,
Check if you are meeting your savings goals, and
Think about how you can improve in future.
Rely on yourself ! How retirement goal can help an investor to maintain their lifestyle without depending on other. It was worked out based on the current monthly expenses and assumed inflation.
Savings Survey - Imact of Teach Children To Save Summit Laja Shoniran
The Impact of Teach Children To Save Summit and The Use of Ant Bank to Encourage Savings Among Children and Youths
(Combining Savings and Financial Literacy for Poverty Reduction)
Financial Literacy Seminar for Secondary School StudentsLaja Shoniran
Financial illiteracy and ignorance about money management are major reasons for recurring poverty. Teaching young people in secondary schools about money management creates a new generation of people who are money smart and financia;lly literate
ACHIEVE YOUR FINANCIAL DREMS THROUGH THE SYSTEMATIC SAVING AND INVESTMENT PLANS
IF YOU WANT YOUR DREAMS TO
BECOME REALITY CONTACT
rravindrakumar@gmail.com
Retirement Planning is one of most important part of everyone's life. But most of them ignore this very important thing. Early retirement planning gives you the power to choose the age when you will retire. FinAtoZ gives you the retirement calculator which is an early retirement planner and gives you the idea about the final corpus you need at the time of retirement along with the correct retirement age.
MPs grant MAS 'stay of execution' but say service is 'not fit for purpose' http://www.fundweb.co.uk/2003860.article?cmpid=fwnews_59206
In other news: In order to improve public understanding of public finance The Open University Business School, in co-operation with True Potential, is producing three interactive, freely accessible, self-teaching modules. These modules will help you develop financial management skills and gain an understanding of the financial services industry, the first of which will be available in Spring 2014. http://www.open.ac.uk/business-school-research/pufin/course-modules
True potential Art of Investing as found on the OU website http://www.open.ac.uk/business-school-research/pufin/course-modules
Strategy is about out thinking your competition. It’s about vision first and planning second. That’s why it’s so important that you think before you plan. And that the thinking part of what you do is given priority. Strategists who don’t take time to think are just planners.
Kakeibo, pronounced "kah-keh-boh,“ is officially a “budgeting journal used to set savings goals and spend wisely”.
It hit the headlines in 1904, when it was promoted as a way for housewives to manage budgets.
The Japanese government encouraged the idea, to help people save
Kakeibo makes you plan how much to spend beforehand rather than writing down what you spent .
At the beginning of each month, you’re meant to sit down and think about:
How much you have to spend ?
How much you want to save ?
What you need to do to reach your goals ?
During the month, you track the money coming in and going out.
Then at the end of each week and month, you
Add up what you’ve spent,
Check if you are meeting your savings goals, and
Think about how you can improve in future.
Rely on yourself ! How retirement goal can help an investor to maintain their lifestyle without depending on other. It was worked out based on the current monthly expenses and assumed inflation.
Savings Survey - Imact of Teach Children To Save Summit Laja Shoniran
The Impact of Teach Children To Save Summit and The Use of Ant Bank to Encourage Savings Among Children and Youths
(Combining Savings and Financial Literacy for Poverty Reduction)
Financial Literacy Seminar for Secondary School StudentsLaja Shoniran
Financial illiteracy and ignorance about money management are major reasons for recurring poverty. Teaching young people in secondary schools about money management creates a new generation of people who are money smart and financia;lly literate
ACHIEVE YOUR FINANCIAL DREMS THROUGH THE SYSTEMATIC SAVING AND INVESTMENT PLANS
IF YOU WANT YOUR DREAMS TO
BECOME REALITY CONTACT
rravindrakumar@gmail.com
Retirement Planning is one of most important part of everyone's life. But most of them ignore this very important thing. Early retirement planning gives you the power to choose the age when you will retire. FinAtoZ gives you the retirement calculator which is an early retirement planner and gives you the idea about the final corpus you need at the time of retirement along with the correct retirement age.
MPs grant MAS 'stay of execution' but say service is 'not fit for purpose' http://www.fundweb.co.uk/2003860.article?cmpid=fwnews_59206
In other news: In order to improve public understanding of public finance The Open University Business School, in co-operation with True Potential, is producing three interactive, freely accessible, self-teaching modules. These modules will help you develop financial management skills and gain an understanding of the financial services industry, the first of which will be available in Spring 2014. http://www.open.ac.uk/business-school-research/pufin/course-modules
True potential Art of Investing as found on the OU website http://www.open.ac.uk/business-school-research/pufin/course-modules
Strategy is about out thinking your competition. It’s about vision first and planning second. That’s why it’s so important that you think before you plan. And that the thinking part of what you do is given priority. Strategists who don’t take time to think are just planners.
What is a Strategy? Michael Porter - Harvard Business ReviewDonny Sitompul
What is Strategy
Operational Effectiveness Is Not Strategy
Strategy Rests on Unique Activities
A Sustainable Strategic Position Requires Trade-offs
Fit Drives Both Competitive Advantage and Sustainability
Rediscovering Strategy
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This is a short e-book I wrote to help dispel some of the myths about financial planning and educate the public on what financial planning really is and what it can do and provide.
In this article we will be discussing the significance of financial planning, how every individual must – must make effective use of money, and why/how the professional may consider this as another unique area of service to use their expertise for
Money management is more important than earning money. Money management tips may not be the same for everyone. It may vary considering your behavior of money management. You should know how to manage money wisely. Your well-deserved cash should be saved, contributed to, and spent prudently in a deliberate way to guarantee long-haul dependability and liquidity. This should be possible through viable cash the board.
Money management is more important than earning money. Money management tips may not be the same for everyone. It may vary considering your behavior of money management. You should know how to manage money wisely. Your well-deserved cash should be saved, contributed to, and spent prudently in a deliberate way to guarantee long-haul dependability and liquidity. This should be possible through viable cash on the board.
In our guide, we consider the questions you may need to ask to shape your future. As we all know and experience, there are usually bumps in the road on every journey. Even the best financial plans and most experienced investors can’t always predict the complexities of life.
Product life cycle - PHDessay.com. Product Life Cycle Essay – Telegraph. With the aid of an appropriate diagram, explain the stages of a product .... Starbucks Product Life Cycle Essay Example | StudyHippo.com. Product life cycle strategies curve - action examples on every stage. Essay about product life cycle. Product life cycle - A product’s life cycle is usually broken down into .... Product life cycle. The Product Life Cycle and Its Stages. Product life cycle essay. PPT - Product Life Cycle PowerPoint Presentation, free download - ID .... Life Cycle of a Product - GCSE Design & Technology - Marked by Teachers.com. Product Life Cycle.doc. Product life cycle essays example - Paper Example on 1438 Words. Introduction to Product Life Cycle - GCSE Business Studies-Marketing .... PRODUCT LIFE CYCLE....A STUDY ON PHARMA & NON-PHARMA EXAMPLE. Product life cycle_management. Image result for growth share matrix | Life cycles, Cycle, Life. Product life cycle essay – The Friary School. Product Life Cycle Essay | PDF. The product life cycle.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
9. Citi-NIE Financial Literacy Hub for Teachers 9
A budget is a plan to help you track how much money you have coming in and
going out, so that you can manage your money wisely.
Income is money you receive/earn.
This can be obtained through many ways, such as your allowance, salary from a
job, interest from savings, and return on investment.
Expenses are things you spend money on.
Some expenses are fixed, such as your monthly mobile phone plan, tuition fees,
transportation, and rent. Since you must incur these costs, make sure you pay
them first. Meanwhile, some other expenses are variable, such as how much you
spend on food, entertainment, and clothes.
Why should you make budgeting a habit?
Resources are limited.
Needs and wants, on the other hand, are unlimited.
We cannot have everything we desire as a result, we must choose some things and
give up on others. Since needs are things which you cannot do without, spend first
on your needs before spending on your wants. Exercising discipline in sticking to
your budget is a good habit.
Needs are necessities that are required for living.
Examples include food, water and shelter.
Wants are things that are unnecessary but desired.
Examples include video games, designer shoes, bags and clothes.
Values guide our choices and actions. These are fundamental beliefs or practices
about what is desirable, worthwhile, and important to an individual. Your family,
friends, teachers, religion, media, law etc, can influence the values that guide
your daily actions. These actions may have an impact on your financial situation,
sometimes for many years to come. If you value financial security, you should save
part of your allowance and refrain from unnecessary spending.
Budgeting8
10. Citi-NIE Financial Literacy Hub for Teachers10
situation, sometimes for many years to come. If you value financial security, you
save part of your allowance and refrain from spending unnecessarily.
You may also want to think about needs, wants and values using a cupcake as
an analogy:
Therefore, a Budget can be a very powerful tool that can help you avoid buying
things that you do not need.
While it might seem a bit tedious at first, once it becomes a part of your routine,
you will be surprised at how much financial freedom you can have because of a
good budget. Take charge!
Icing and decorations represent wants - the extra items
that make our lives interesting and enjoyable.
The cake part of a cupcake represents our needs. They
must be present and addressed before considering any
icing or decorations (wants).
When making spending decisions, consider if your needs are met before
spending on any of your wants. What you determine to be a need versus a want
will depend on your personal values, just like your preference for different types
of cupcakes.
situation, sometimes for many years to come. If you value financial security, you
save part of your allowance and refrain from spending unnecessarily.
You may also want to think about needs, wants and values using a cupcake as
an analogy:
Therefore, a Budget can be a very powerful tool that can help you avoid buying
things that you do not need.
While it might seem a bit tedious at first, once it becomes a part of your routine,
you will be surprised at how much financial freedom you can have because of a
good budget. Take charge!
Icing and decorations represent wants - the extra items
that make our lives interesting and enjoyable.
The cake part of a cupcake represents our needs. They
must be present and addressed before considering any
icing or decorations (wants).
When making spending decisions, consider if your needs are met before
spending on any of your wants. What you determine to be a need versus a want
will depend on your personal values, just like your preference for different types
of cupcakes.
While it might seem a bit tedious at first, once it becomes part of your
routine, you will be surprised at how much financial freedom you can have
because of a good budget. Take charge of saving and spending!
12. Citi-NIE Financial Literacy Hub for Teachers12
Give your recommendations what Sophia can do:
Scenarios Recommendations Reasons
Scenario 1
Scenario 2
Scenario 3
Scenario 4
Scenario 3: Financial Decision - April 20x4, week 3
Sophia needs to get her laptop repaired for $300. However, she has also
promised to treat 2 friends to a buffet dinner which costs $300. She plans only
to spend on either decision this week.
Scenario 4: Financial Decision - April 20x4, week 4
Gym membership fee of $200 is due for payment at the end of the month. A
gorgeous chiffon dress ($200) that is perfect for her best friend’s party a few
months later in November caught her eyes. Sophia also remembered that she
promised to help pay $200 for her mother’s leisure trip to Hong Kong. She
does not plan to spend more than $200, since it is the end of the month and
she does not have much money left.
Scenarios Recommendations Reasons
Scenario 1
Scenario 2
Scenario 3
Scenario 4
13. Citi-NIE Financial Literacy Hub for Teachers 13
BUDGETING WORKSHEET for Week __ : to
Activity
Plan Your Own Budget!
Income Budget Actual Variance
Total income
Amount set aside for saving
Amount available for expenses
Expenses Budget Actual Variance
Total expenses
Income Budget Actual Variance
Total income
Amount set aside for saving
Amount available for expenses
Expenses Budget Actual Variance
Total expenses
Budgeting Worksheet for Week ___ : to
Amount available for expenses
Expenses Budget Actual Variance
Total expenses
19. Citi-NIE Financial Literacy Hub for Teachers 19
Facts and Figures: Advertisements that describe facts, figures, statistics and
other data source.
Snob Appeal: Advertisements that suggest
the use of the product makes the customer
part of an elite group with a luxurious and
glamorous life style.
Bandwagon: Advertisements that make use of a group mentality to try to
convince individual consumers that a product is worth purchasing.
Beware of advertisements that are misleading and even deceptive!
Some examples include:
“Bait and Switch”: Advertisements entice consumers into the store with
bargains that are too good to be true. Once consumers are in the store, they are
told the item is unavailable and are shown a similar, but more expensive, item.
It is illegal in Singapore.
Supermarket specials: Advertisement of products that are not in stock or that
are not readily available to consumers at the
advertised price.
Out-of-context quotations: Comments by a
noted person or passages from a story taken out of
context to imply an endorsement of a product or
service.
Health fraud: Advertisements that promise
overnight medical cures and treatments.
“Get rich quick” schemes: Advertisement that offers an opportunity to earn a
lot of money in a short amount of time with very little effort.
95% of the pets had
tried it! What are you
waiting for?
Facts and Figures: Advertisements that describe facts, figures, statistics
and other data sources.
“Bait and Switch”: Advertisements entice consumers with bargains that
are too good to be true. Once consumers are in the store, they are told the
item is unavailable and are shown a similar, but more expensive, item. It is
illegal in Singapore.
Facts and Figures: Advertisements that describe facts, figures, statistics and
other data source.
Snob Appeal: Advertisements that suggest
the use of the product makes the customer
part of an elite group with a luxurious and
glamorous life style.
Bandwagon: Advertisements that make use of a group mentality to try to
convince individual consumers that a product is worth purchasing.
Beware of advertisements that are misleading and even deceptive!
Some examples include:
“Bait and Switch”: Advertisements entice consumers into the store with
bargains that are too good to be true. Once consumers are in the store, they are
told the item is unavailable and are shown a similar, but more expensive, item.
It is illegal in Singapore.
Supermarket specials: Advertisement of products that are not in stock or that
are not readily available to consumers at the
advertised price.
Out-of-context quotations: Comments by a
noted person or passages from a story taken out of
context to imply an endorsement of a product or
service.
Health fraud: Advertisements that promise
overnight medical cures and treatments.
“Get rich quick” schemes: Advertisement that offers an opportunity to earn a
lot of money in a short amount of time with very little effort.
95% of the pets had
tried it! What are you
waiting for?
Out-of-context quotations: Comments by
a well known celebrity or excerpts passages
from a story taken out of context to imply an
endorsement of a product or service.
25. Citi-NIE Financial Literacy Hub for Teachers 25
Other Investment Tools: Mutual Funds, Bonds and Stocks
Both the bank savings account and fixed
deposits have little or no risk. However, the
return on investment is low.
Other investment tools, such as mutual funds,
bonds and stocks, might earn you a higher
return. However, these also come with a higher
risk. We encourage you to find out more from a
reliable expert or professional.
Beware of get-rich-quick schemes and scams.
Diversify Your Risks
Now that you are aware of the different ways you can invest, be it in a low-risk
savings account or a high-risk investment tool, you need to realise the
importance of diversification.
Diversification is putting your money into different investments to avoid “putting
all your eggs in one basket”. This would limit your overall risk by balancing out
your riskier investments with safer ones. This way, you won’t suffer a great loss
even if one or two of your investments don’t do too well.
Other Investment Tools: Mutual Funds, Bonds and Stocks
Both a bank savings account and fixed deposit have little or no risk.
However, the return on investment is low.
Other investment tools, such as mutual funds,
bonds and stocks, might earn you a higher return.
However, these also come with a higher risk. We
encourage you to find out more from a reliable
expert or professional.
Beware of get-rich-quick schemes and scams.
Diversify Your Risks
Now that you are aware of the different ways you can invest your money,
be it in a low-risk savings account or a high-risk investment tool, you need
to realise the importance of diversification.
Diversification is putting your money into different investments to avoid
“putting all your eggs in one basket”. This would limit your overall risk
by balancing out your riskier investments with safer ones. This way, you
won’t suffer a great loss even if one or two of your investments don’t do
too well.
27. Citi-NIE Financial Literacy Hub for Teachers 27
LEVEL savings
Year 1 $2 x 180 days =
Year 2
Year 3
Year 4
Total Saved
Level
Balance before the
year’s interest
Interest Earned
Balance after the
year’s interest
Year1 $360 $360 X =$36 $360 + $36 = $396
Year 2 $396+ $360 = $756 $756 X =$75.60
Year 3
Year 4
10
100
10
100
Activity
Start a Savings Account
Suppose there are 180 days in a school year, and you decide to save $2 from
your pocket money each day, from the beginning of Sec One. You save the
same amount over the next 4 years. Let’s find out what can happen to this
amount saved.
Calculate the amount of savings you will have at the end of each year and
record your answers in the table below:
Suppose at the start of Year One, you decide to put your “fund” money into
a bank account instead of a piggy bank. Assuming you continue to deposit
$360 every year for 4 years in a bank that offers an interest rate of 10% per
annum, calculate how much money you will have at the end of each year.
The amount I will have in my bank at the end of Year 4 is $________________.
Now, what is the difference between this amount and the one you previously
calculated without any interest? Which one is better for you?
28. Citi-NIE Financial Literacy Hub for Teachers28
Mary George
Age started saving 15 years old 25 years old
Amount saved each year $1000 $1000
Number of years saved 10 10
Age stopped saving 25 years old 35 years old
Total amount saved $10,000 $10,000
Compound interest per annum 10% 10%
Compound interest earned
Total amount at 45 years old
Both save the same amount of
money. But Mary earns more years
of compound interest than George
because she started earlier. Who has
more money at 45 years old?
Activity
Why should you start a savings account sooner rather than later.
The secret to learning from compound interest is to start young, with as much
as possible. Calculate the interest earned by the character in the following
story.
Mary started saving when she was 15 years old.
Every year, Mary would save a thousand dollars in the bank.
Mary saved for ten years until she was 25 years old.
George only started saving when he was 25 years old.
Every year, George would save a thousand dollars in the bank.
George saved for another ten years until he was 35 years old.
Both George and Mary’s savings have been growing in the bank at a rate of
10% compound interest. After 10 years of saving, both George and Mary
leave their money in the bank until they are 45 years old, without adding in
any more money.
32. Citi-NIE Financial Literacy Hub for Teachers32
Activity
YOU’VE GOT A NEW COMPUTER!
You need a new computer and your parents gave a total budget of $2000 to
spend on it. Below are 3 options you get to choose from.
Option A Option B Option C
AdvantagesDisadvantages
I decided to choose Option ____ because…
Option A
• Computer
$1800
• Computer Games
$100
• Tota
$1900
Option B
• Computer
$1800
• Insurance Plan 1
$100
• Total
$1900
• Insurance Plan 1
provides insurance
against theft.
Option C
• Computer
$1800
• Insurance Plan 2
$150
• Total
$1950
• Insurance Plan 2
Provides insurance
against theft and
accidental damage
Option A Option B Option C
AdvantagesDisadvantages
Option A
• Computer
$1800
• Computer Games
$100
• Total
$1900
Option B
• Computer
$1800
• Insurance Plan 1
$100
• Total
$1900
• Insurance Plan 1
provides insurance
against theft.
Option B
• Computer
$1800
• Insurance Plan 2
$150
• Total
$1950
• Insurance Plan 2
Provides insurance
against theft and
accidental damage
Activity
YOU’VE GOT A NEW COMPUTER!
You need a new computer and your parents gave a total budget of $2000 to
spend on it. Below are 3 options you get to choose from.
Option A Option B Option C
AdvantagesDisadvantages
I decided to choose Option ____ because…
Option A
• Computer
$1800
• Computer Games
$100
• Tota
$1900
Option B
• Computer
$1800
• Insurance Plan 1
$100
• Total
$1900
• Insurance Plan 1
provides insurance
against theft.
Option C
• Computer
$1800
• Insurance Plan 2
$150
• Total
$1950
• Insurance Plan 2
Provides insurance
against theft and
accidental damage
34. Citi-NIE Financial Literacy Hub for Teachers34
Activity
Go online and search for the current exchange rate for the following foreign
currencies:
One unit of foreign currency Singapore dollars
Australian Dollar
Euro
Malaysian Ringgit
Sterling Pound
US Dollar
100 units of foreign currency Singapore dollars
China Renminbi
Hong Kong Dollar
Indian Rupee
Indonesian Rupiah
Japanese Yen
Philippine Peso
Thai Baht
**Will you be looking at the buying rate or selling rate?
1. How much Malaysian Ringgit will I get in exchange for S$1?
2. How much Euro will I get in exchange for S$1?
3. How much US Dollars will I get in exchange for S$1?
4. How much US Dollars will I get in exchange for S$120?
5. How much Philippine Pesos will I get in exchange for S$10?
One unit of foreign currency Singapore dollars
Australian Dollar
Euro
Malaysian Ringgit
Sterling Pound
US Dollar
100 units of foreign currency Singapore dollars
China Renminbi
Hong Kong Dollar
Indian Rupee
Indonesian Rupiah
Japanese Yen
Philippine Peso
Thai Baht
Activity
Go online and search for the current exchange rate for the following foreign
currencies:
One unit of foreign currency Singapore dollars
Australian Dollar
Euro
Malaysian Ringgit
Sterling Pound
US Dollar
100 units of foreign currency Singapore dollars
China Renminbi
Hong Kong Dollar
Indian Rupee
Indonesian Rupiah
Japanese Yen
Philippine Peso
Thai Baht
**Will you be looking at the buying rate or selling rate?
1. How much Malaysian Ringgit will I get in exchange for S$1?
2. How much Euro will I get in exchange for S$1?
3. How much US Dollars will I get in exchange for S$1?
4. How much US Dollars will I get in exchange for S$120?
5. How much Philippine Pesos will I get in exchange for S$10?
1. How many Malaysian Ringgits will I get in exchange for S$1?
2. How many Euros will I get in exchange for S$1?
3. How many US Dollars will I get in exchange for S$1?
4. How many US Dollars will I get in exchange for S$120?
5. How many Philippine Pesos will I get in exchange for S$10?
36. Citi-NIE Financial Literacy Hub for Teachers36
Now let’s make a pledge.
I, _________________, promise to Save, Manage, and Share (SMS) as follows:
SAVE
What are my goals?
1.
Date due:
2.
Date due:
3.
Date due:
MANAGE
What are my goals?
1.
Date due:
2.
Date due:
3.
Date due:
SHARE
What are my goals?
1.
Date due:
2.
Date due:
3.
Date due:
How will I achieve
them?
1.
2.
3.
How will I achieve
them?
1.
2.
3.
How will I achieve
them?
1.
2.
3.
I pledge to work hard towards achieving the goals above.
Name:
Signature:
Date: