UPM-CALC/SEM1/2021-22/LPE2301/SCL WORKSHEET 8

LPE2301 ACADEMIC INTERACTION AND PRESENTATION

SCL WORKSHEET 8

WEEK 11 (PREPARING CONTENT)

Name :
Matric No. :
Group :
Due date : 9 January 2022

Exercise 1

This is a part of a presentation script entitled The Benefits of Financial Literacy among
Students. Fill in the blanks with the correct transition signals to show transition of main
ideas, supporting ideas and details.

There are two major benefits of financial literacy among students that I’m going to talk about
today which are helping students to manage expenditure and achieving their financial goals.
_________________1, the benefit of financial literacy among students is it can help to
manage expenditure. As students, financial literacy enables you to distinguish between
wants and needs. _________________2, you would only purchase things that you need the
most and would not spend on unnecessary things_________________ 3, you will learn to
make good financial decisions as you have to manage your budget well for living expenses,
books, tuition fees and etc. _________________4 Staffordshire University Financial
Services, financial management is an important skill and knowledge that need to be
practised among students for future career. _________________,5 with financial literacy,
you would be able to have savings at early age. _________________,6 you can manage
your study loan wisely so you can repay the loan later. _________________, 7 with proper
spending, you can monitor your spending and have consistency in savings. Chen
_________________8 that when finance topics are included in university courses, it will
positively impact the decisions, saving and spending habits in adulthood.

Achieving financial goals is the _________________9 benefit why financial literacy is

important for you. I’ve divided this point into two parts which are short-term goals and long-
term goals. _________________,10 it is necessary for you to set your short-term and long-
term goals. Short-term goals are your more immediate expenses. Although timelines vary,
these are the things you will spend money on generally within a few months or years.
_________________,11 personal goods, travelling, emergency fund, credit card debts and

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 UPM-CALC/SEM1/2021-22/LPE2301/SCL WORKSHEET 8

etc. Roger _________________12 in her research that people born between 1980 and 1984
on average, carry, more of credit card debt than their parents did at their age.
_________________,13 managing long-term goals is also essential. Long-term goals usually
take more than five years to achieve. These goals typically involve more money and regular
attention than short-term goals. These goals require you to develop good saving and
investing habits. _________________14 in starting a business, paying off a mortgage,
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retirement fund and others. _________________ Berger in his article “How much do you
really need to retire?” that students who learn to navigate the world of debt and credit will
tend to have more money for savings, which can help pay for large expenses without relying
on credit, and they can set aside money for retirement accounts.

Submission:
Submit the completed Exercise 1 PDF format.

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