FINANCIAL LITERACY

This seeks financial security by living below their means and saving money. They rarely buy luxurious items instead they save money.

• FRUIGAL

• FRUGIAL

• FRUGAL

• FRUGAIL

The role of financial institutions plays as intermediaries between savers and borrowers. 

• SAVING

• EARNING INCOME

• BORROWING

• SPENDING

People who spend money for self-worth value how much they accumulate and tend to judge others based on the amount of money they have.

• SELF-WORTHY

• SELF-WORTH

• SELF-INCOME

• SELFLESS

This is the situation where we compare the costs and benefits of spending decisions.

• SAVING

• SPENDING

• BUYING GOODS AND SERVICES

• EARNING INCOME

It is the ability to understand how money works, how we allocate resources, save, manage, and spend money.

• MONEY LITERACY

• FINANCIAL LITERATE

• FINANCIAL LITEERACY

• FINANCIAL LITERACY

TRUE OR FALSE?

One’s level of financial literacy affects one’s quality of life significantly.

TRUE OR FALSE?

World Bank study in 2014 estimated 30 million Filipinos saved money but only

half had bank accounts.

TRUE OR FLASE?

Frugal are those people who spend money for self-worth value how much they accumulate and tend to judge others based on the amount of money they have.

TRUE OR FALSE?

One of the best ways to make sure your daily spending habits don't overwhelm your life goals is not to create a spending plan.

TRUE OR FALSE?

Asian Development Bank (ADB) in 2015 revealed that PH has a national strategy for financial education and literacy.