1. The document discusses building a strong financial foundation through savings, budgeting, and investing.
2. It explains concepts like wealth, savings, budgeting, and investing and shows a graphic of building blocks with healthcare at the bottom.
3. The document prompts the reader to study the building blocks graphic and answer questions about explaining the financial foundation scheme, why healthcare is on the bottom, how to build your own financial foundation, how financial foundation affects individuals, and values needed for financial stability.
1. The document discusses building a strong financial foundation through savings, budgeting, and investing.
2. It explains concepts like wealth, savings, budgeting, and investing and shows a graphic of building blocks with healthcare at the bottom.
3. The document prompts the reader to study the building blocks graphic and answer questions about explaining the financial foundation scheme, why healthcare is on the bottom, how to build your own financial foundation, how financial foundation affects individuals, and values needed for financial stability.
1. The document discusses building a strong financial foundation through savings, budgeting, and investing.
2. It explains concepts like wealth, savings, budgeting, and investing and shows a graphic of building blocks with healthcare at the bottom.
3. The document prompts the reader to study the building blocks graphic and answer questions about explaining the financial foundation scheme, why healthcare is on the bottom, how to build your own financial foundation, how financial foundation affects individuals, and values needed for financial stability.
1. Practice proper hygiene and respiratory etiquette.
2. Always observe 1-meter physical distancing. 3. Strictly no transferring of seats. 4. Wear your face mask properly. BUILDING BLOCKS OF A STRONG FINANCIAL FOUNDATION LESSON 2.1 4 PICS 1 WORD LEARNING OBJECTIVES:
1. Explain the concept of “financial
foundation”. 2. Identify steps on a solid financial foundation. 3. Discuss the importance of savings, budgeting and investing. QUESTION OF THE DAY!
HOW IMPORTANT IS FINANCIAL PLANNING?
WEALTH
refers to an abundance of valuable possessions or money
SAVINGS
is an amount of something that is not spent or used.
refers to the amount of money that you have
saved especially in a bank over a period of time. BUDGETING
is the process of creating a plan to spend your money.
INVESTING
is an act of allocating resources, usually money, with
the expectation of generating an income or profit. TIME TO ENGAGE
Study the “Building Blocks of a Strong Financial Foundation shown
below. Then, answer the questions that follow. You have 15 minutes to do this activity. QUESTIONS: 1. Explain the financial foundation scheme shown above. 2. Why does “Healthcare” positioned at the bottom of the building blocks? 3. Aside from the given example, how would you build your own financial foundation? 4. How does financial foundation affects the lives of individuals? 5. What are the values needed in achieving financial stability? RUBRICS