Personal Money Management Tasks

 Activity 1

1. Yes, I'm familiar with those piggy banks. I used them to save my money back when I was only 5. I got the rooster-shaped one from my aunt and I used it to save coins I found around my house. 

2. Yes, I still use it to save my money.

3. I think it's convenient; you don't have to go to the bank to save your money, and there are no administration fees like those in banks.

4. I think saving money in a bank is more effective. While piggy banks are convenient, it can be risky to save money in them because it's easier for us to access our savings and spend it on things we don't really need. And also, banks have high-security systems.

Activity 2

1. Discipline, planning, and prioritization

2. There are 6 easy steps to plan your budget: Know your income, determine your basic expenses, determine your flexible expenses, determine whats really important, follow your spending, and keep track.

3. Step 1 is to know your income. Knowing how much you can spend each month starts with understanding how much you take home. We can't build our budget based on our salary, it should be based on our net income.

4. The last step is to keep track. There are many ways to track your expenses, whether it's using pen and paper, a spreadsheet, or budgeting apps.

Activity 3

1. First, insert your debit card into the machine.

2. Select your preferred language for the transaction.

3. Insert your pin number and remember to protect it when entering into the ATM.

4. Select "deposit" and choose the check option.

5. Confirm the transaction details: the account type (select checking account), transaction receipt, endorse your check, verify the amount, finalise the deposit, and take your receipt as well as your debit card.