Group Activity

Financial Literacy
Direction: Make a personal financial plan based on short-term and long-term goals. Use the template
below.

Target SAVINGS PLAN

Target
Short- Term Goal Cost Total
Date Month 1 Month 2 Month 3 Month 4 Month 5
Value Savings

Target
Target Total
Long –Term Goal Cost Year 1 Year 2 Year 3 Year 4 Year 5
Date Savings
Value

(You may adjust the template depending on your data.)

BUDGET PLAN
Outstanding Cash Income:
EXPENSES AMOUNT
1
2
3
4
5
6
Total
Remaining Cash

BUDGET PLAN
Outstanding Cash Income:

Rank BUDGETED ITEMS AMOUNT

General Expenses, Payables and House Share
Allowance
Bank Savings
Emergency Fund (Cash Available anytime)
Insurance
Investment (i.e. Cooperatives, shares, business, etc.)
Total