Money

Management

[for Young Professionals]

Main Objective:

Help Young Professionals

realize that Managing

their money at young age

will set them on the path

to financial Success.

Course Objectives

Sessions: Objectives

Day 1: Learn how to BudgetLearn to Make a budget and spend your money successfully

Day 2: Investing Help young professionals to make a smart Investment

Day 3: Build your SavingsLearn to Save for your Future and see how you’ll have if you Save!

How to

Make a BUDGET?

2. After the first month, take stock

of what you spent.

1. For one month, keep track of

all your expenses.

Monthly Income: P14,000

Expenses:

Rent: P3000

Electricity Bill: P1500

Water Bill: P1000

Groceries/Food: P5000

Allowance: P3000

Savings: P500

3. Now, write down your actual

budget.PROJECTED BUDGET: ACTUAL BUDGET:

Expenses:

Rent: P3000 P3000

Electricity Bill: P1500 P1600

Water Bill: P1000 P1100

Groceries/Food: P5000 P6000

Allowance: P3000 P3000

Savings: P500 P0

4. Be honest with yourself about

your budget.

5. Keep track of your budget over

time.

Spend your

MONEY WISELY!WHEN YOU CAN

BORROW/RENT, DON'T BUY.

Don’t Rent blindly!

If you have the

money, pay a high

down payment on

your mortgage

Understand that owning a

credit card may be very

important for establishing

credit.

Spend what you have, not

what you hope to make.

Make Smart

Investments

Familiarize

yourself with

different

investment

options

If you're going

to put money

into the stock

market, don't

gamble with it

Have good

insurance

coverage. Life insurance (if you or a

spouse unexpectedly dies)

• Health insurance (if you have

to pay for unexpected hospital

and/or doctor bills)

• Homeowner's insurance (if

something unexpected harms or destroys your home)

• Disaster insurance (for

typhoons, earthquakes, floods,

fires, etc.)

Build Your

Savings!

Start by

holing away

as much of

your

expendable

income as

possible

Start an

emergency

fund.

When you've

started saving for

retirement and

put money in

your emergency

fund, put away

three to six

months' worth of

expenses

Begin

paying off

your debt

once

you're

established

Thank you for Listening!