This document contains information from a financial management presentation for students at Butanguiad National High School. It discusses the flows of money as cash in and cash out, the different stages of economic life from dependent to productive, and the importance of working to fund needs like food, shelter, and retirement as well as wants. It also defines the difference between needs and wants. Additionally, it provides advice about success coming from daily actions and not repeating mistakes. Great changes take effort and determination over time.

1. Republic of the Philippines
Department of Education
Region IV-A, CALABARZON
Division of Quezon
San Francisco District II
San Francisco
BUTANGUIAD NATIONAL HIGH SCHOOL

2. “Coming together is a beginning,
Keeping together is progress, Working
together is a success.”

3. “Alone, we can do so little. Together
we can do so much.”

4. SAVING FOR SUCCESS:
INTRODUCTION TO FINANCIAL
MANAGEMENT

5. 2 Flows of Money:
1. Cash In
2. Cash Out

6. Stages of Economic Life
0 -21
21 -
65 65-
100
Dependent Life
Enjoying Life
Productive Life
Money
comes
from
someone
else
Working
for
Money Money is
working
for you

7. Why Are We Working?
1.Food
2.Clothing
3.Shelter
4.State Fund
5.Educational Fund
6.Health Fund
7.Retirement Fund
8.Funeral Fund

8. Difference Between Needs and Wants
1.NEEDS are things that we buy in
order to live. We cannot live
these things.
1.WANTS are things that we buy
but are not necessary or
essential in our life. We can still
live without these things.

9. Success is
determine by what
you do everyday.

10. A fool is someone
who do the same
thing over and over
again and expect
different result.

11. Leaders who
Deliver¹ and
Leaders who
Destroy².

12. ¹use their power mindfully
and vigilantly
²use their power
thoughtlessly
¹they create motivation to
flourish
²they use fear and

13. ¹obsessed with
performance and result
²they are myopically
focused on result

14. ¹they stamped on poor
behavior whatever the
result is
²they tolerate poor
behavior if the result is
okay

15. ¹they review wins and loses
²they moved on from wins
and interrogate failures

16. Great changes may not
happen right away, but
with effort and
determination to succeed
even the difficult may
become easy.