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© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
Newspaper Extract:
With greater economic
uncertainties today, National
Development Minister, Mr Khaw
Boon Wan, encourages more
Singaporeans to save in case the
going gets tough in future.© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
Just like how a soccer striker
focuses on scoring the ball into
the goal, a saver will focus his
energy and time on saving for
what he needs/ want (his goal).
Short-
term
Goals
Goals
Long-
term
Goals
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
Short-
term
Goals
Goals
Long-
term
Goals
Short-term or Long-term
goal?
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
• Things that do not
cost much
(compared to the money that
you get)
• Take a few days or a
few weeks to save up
for.
Short-term Goals
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
• Things that cost much
more
(compared to the money that
you get)
• Take a much longer
time to save up for
Long-term Goals
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved
© 2012 Citi-NIE Financial Literacy Hub for
Teachers, All Rights Reserved

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Lesson7 ppt (p2)

  • 1. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 2. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 3. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 4. Newspaper Extract: With greater economic uncertainties today, National Development Minister, Mr Khaw Boon Wan, encourages more Singaporeans to save in case the going gets tough in future.© 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 5. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 6. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 7. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 8. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 9. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 10. Just like how a soccer striker focuses on scoring the ball into the goal, a saver will focus his energy and time on saving for what he needs/ want (his goal). Short- term Goals Goals Long- term Goals © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 11. Short- term Goals Goals Long- term Goals Short-term or Long-term goal? © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 12. • Things that do not cost much (compared to the money that you get) • Take a few days or a few weeks to save up for. Short-term Goals © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 13. • Things that cost much more (compared to the money that you get) • Take a much longer time to save up for Long-term Goals © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 14. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved
  • 15. © 2012 Citi-NIE Financial Literacy Hub for Teachers, All Rights Reserved