True or False:
Financial planning only involves saving money.
FALSE
It also includes budgeting, investing, managing debt, and more.
True or False
Poor financial habits can limit future opportunities.
TRUE
True or False:
Financial literacy has no impact on decision-making.
FALSE
It improves financial decisions and future well-being.
Identification:
A term for creating a roadmap for financial goals.
FINANCIAL PLANNING
Identification:
One strategy included in financial planning.
Saving (also acceptable: budgeting, investing, debt management)
Identification:
A risk of poor financial habits that causes emotional strain.
STRESS AND ANXIETY
Situation:
You want to buy a phone next year. What’s the first financial step?
Set a savings goal and create a budget.
Situation:
You earn ₱500/week from tutoring. How can you avoid overspending?
Track expenses and follow a weekly budget
Situation:
Your family is facing financial instability. How might this affect your school life?
It may cause stress, affect focus, and limit access to resources.