English: Quarter 1 - Module 10: Money Matters
English: Quarter 1 - Module 10: Money Matters
English: Quarter 1 - Module 10: Money Matters
English
Quarter 1 – Module 10:
Money Matters
English 6
Self-Learning Module (SLM)
Quarter 1 – Module 9: Money Matters
First Edition, 2020
Republic Act 8293, section 176 states that: No copyright shall subsist in any work of the
Government of the Philippines. However, prior approval of the government agency or office
wherein the work is created shall be necessary for exploitation of such work for profit. Such
agency or office may, among other things, impose as a condition the payment of royalties.
Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials from
their respective copyright owners. The publisher and authors do not represent nor claim
ownership over them.
English
Quarter 1 – Module 9:
Money Matters
Introductory Message
For the facilitator:
This learning resource hopes to engage the learners into guided and independent
learning activities at their own pace and time. Furthermore, this also aims to help
learners acquire the needed 21st century skills while taking into consideration
their needs and circumstances.
In addition to the material in the main text, you will also see this box in the body of
the module:
As a facilitator you are expected to orient the learners on how to use this module.
You also need to keep track of the learners' progress while allowing them to
manage their own learning. Furthermore, you are expected to encourage and assist
the learners as they do the tasks included in the module.
The hand is one of the most symbolized part of the human body. It is often used to
depict skill, action and purpose. Through our hands we may learn, create and
accomplish. Hence, the hand in this learning resource signifies that you as a
learner is capable and empowered to successfully achieve the relevant
competencies and skills at your own pace and time. Your academic success lies in
your own hands!
This module was designed to provide a fun and meaningful opportunities for guided
and independent learning at your own pace and time. You will be enabled to
process the contents of the learning resource while being an active learner.
2
This module has the following parts and corresponding icons:
What I Need to Know This will give you an idea of the skills or
competencies you are expected to learn in
the module.
3
At the end of this module you will also find:
1. Use the module with care. Do not put unnecessary mark/s on any part of
the module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your
answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind
that you are not alone.
We hope that through this material, you will experience meaningful learning
and gain deep understanding of the relevant competencies. You can do it!
4
What I Need to Know
This module was designed and written with you in mind. It is here to help you
master the competency of identifying the value suggested in the visual media. The
scope of this module permits it to be used in many different learning situations.
The language used recognizes the diverse vocabulary level of students. The lessons
are arranged to follow the standard sequence of the course. But the order in which
you read them can be changed to correspond with the textbook you are now using.
5
What I Know
Choose the letter of the best answer. Write your answer on the space provided
before the number.
__2.A plan for how to spend and save your money is called a _____.
A. budget C. currency
B. investment D. spending plan
__3.When you give your money in exchange for a good or a service, you are ____it.
A. earning C. spending
B. budgeting D. Saving
__4. Why do people say they can't afford something when they actually do have
enough money to pay for it?
A. They are lying.
B. They don’t know how to count money.
C. They are using their budget to make sure they meet their needs and
work toward big goals.
D. They don't know how to use a budget
__9. It is any good that is widely used and accepted in transactions involving the
transfer of goods and services from one person to another.
A. money B. credit card C. book D. bank
6
Lesson
9 Money Matters
When is the right time to start handling your money well? It does not start
when you are already earning your own money. It starts now. Your act today
determines how you will spend your finances in the future, your lifestyle. As a
member of the community, it is your duty to be a responsible citizen in financial
matters. Let us explore how your financial actions will very much reflect what the
community will become.
What’s In
Image Sources: Google - Little Asian Boy Saving Money, Man Giving Money to the Beggar, Girl Facing
Computer with Money, Girl Saving Money, Drawing
7
Listen and Be Excited!
Have you properly identified and determined the values in the images? For many
people, managing their money means making their money work for them so they
have resources available on hand when they need them. A good money
management plan gives you security and helps to make sure nothing slips
through the cracks. It keeps you moving toward your financial goals, both big
and small.
What’s New
Make A Stand...
(An excerpt from Randell Tiongson article on financial literacy 2019)
Most people think they know what money is, but the truth is they don’t. To
most people, money is the paper that is in their wallet or the number in their bank
account. While we call that money, it is actually not the truth about what real
money is. Real money is invisible and cannot be seen. What we call money is a
representative of money.
Talk about money. What’s your stand about it? Do you agree with the
author? You and your peers may have different stands or opinions. Write your
stand about money inside the box. Your stand should be expressed in four or more
sentences.
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
8
What is It
Here is an example of a timeline. You can use this timeline graphic organizer
to order the events in a story you read. By doing this, you will be able to list down
major or significant events in the story which will help you in organizing
information in preparation for writing, reporting, and similar academic tasks.
9
Timelines assist pupils to track events in a sequence in a graphical manner and
make information easy to locate.
10
then hurry back to the field for another one. All day long she would work, without
stop or rest, scurrying back and forth from the field, collecting the grains of wheat
and storing them carefully in her larder.
The grasshopper would look at her and laugh. ‘Why do you work so hard, dear
ant?’ he would say. ‘Come, rest awhile, listen to my song. Summer is here, the days
are long and bright. Why waste the sunshine in labour and toil?’
The ant would ignore him, and head bent, would just hurry to
the field a little faster. This would make the grasshopper laugh
even louder. ‘What a silly little ant you are!’ he would call after
her. ‘Come, come and dance with me! Forget about work! Enjoy
the summer! Live a little!’ And the grasshopper would hop away
across the meadow, singing and dancing merrily.
Summer faded into autumn, and autumn turned into winter.
The sun was hardly seen, and the days were short and grey, the nights long and
dark. It became freezing cold, and snow began to fall.
The grasshopper didn’t feel like singing any more. He was cold and hungry. He had
nowhere to shelter from the snow, and nothing to eat. The meadow and the
farmer’s field were covered in snow, and there was no food to be had. ‘Oh what
shall I do? Where shall I go?’ wailed the grasshopper.
Suddenly he remembered the ant. ‘Ah – I shall go to the ant and ask her for food
and shelter!’ declared the grasshopper, perking up. So off he went to the ant’s
house and knocked at her door. ‘Hello ant!’ he cried cheerfully. ‘Here I am, to sing
for you, as I warm myself by your fire, while you get me some food from that larder
of yours!’
The ant looked at the grasshopper and said, ‘All summer long I worked hard while
you made fun of me, and sang and danced. You should have thought of winter
then! Find somewhere else to sing, grasshopper! There is no warmth or food for you
here!’ And the ant shut the door in the grasshopper’s face.It is wise to worry about
tomorrow today.
Copyright © RohiniChowdhury 2002. All rights reserved.
Note: The Disney film, A Bug’s Life, is inspired by the fable of The Ant and the Grasshopper.
11
In the story, the grasshopper illustrates the theme of “First be prepared,
and then find time to play.” The Ant is the character who is preparing for the
winter by storing up food while the grasshopper is playing around.
The grasshopper says he doesn't need to worry with winter because he has enough
food right now. This reminds about financial responsibility.
Writing: Plan a composition using an outline/other graphic organizers.
12
continue to review and revise their essay until they feel it is the best it can possibly
be. The same goes for an outline; it should be like a roadmap that you use to direct
your essay exactly where you want it to go. Make sure that you’ve included all of
your ideas and established the connections between each of your main points.
Although outlining may seem like a long process, it will make the writing
process a much easier experience. Once you have your outline completed, all the
hard work is done. You’re ready to start putting your ideas into full sentences and
writing a logical, well-developed essay.
In the earlier part of the lesson, you used a graphic organizer to determine
the sequencing of the story, The Ant and the Grasshopper. Now, can you try to
create another time- order graphic organizer using the following examples as your
model? I’m sure you can do it well!
Direction:
Think of an experience you or your family have encountered about money
matters. Use the graphic organizer below to map out your ideas.
What happened?
Event
13
What’s More
People learn from each other. We learn many things from others and in the
same way; we can share valuable lessons with them. What truly matters is our
attitude in receiving and following instructions from those who are more
knowledgeable and experienced about things around us.
Examples are:
Do your homework.
Study for the test.
Pay attention in class.
In giving instructions, the imperative form is used. There are two kinds of
imperative sentence (giving instruction) as shown below.
AFFIRMATIVE NEGATIVE
Turn on the lights. Do not turn off the computer.
Maintain your good grades. Don’t close the windows.
Write your answers legibly. Don’t copy the directions.
Wash your hands regularly. Do not touch your face.
The following are some useful expressions when you give instructions:
14
Activity 6: Giving Instructions
Fill in the blanks with the verbs in the box to complete the imperative sentences.
Be careful of the negatives.
When you are having a discussion, your goal is to keep it going and to be
actively engaged in the communication exchange. The next set of activities will help
you practice this skill.
No matter how shy or social you may be, there comes a point in every
conversation with a new acquaintance where you draw blank. The back and forth
may stall, or maybe you’ve started in on a subject you don’t know much about.
Instead of having a panic attack and trying to think up a quick excuse to walk
away, here are four practical tips to keep a conversation going.
15
5 Reasons Filipinos Don’t Save Money
By: ABS-CBN News
Did you know that the Philippines has one of the lowest savings rates in Southeast
Asia? According to a Bangko Sentral ng Pilipinas survey in 2014, only 1 in 4
Filipino households has savings.
What keeps most Filipinos from saving? Unfortunately there is no one answer. It's
been argued that the Filipinos’ fatalistic or easy-go-lucky attitude prevent many
from getting into the savings habit. There is also the lack of discipline and
commitment to stay on the savings path. After all, building up savings starts with
giving up a portion of your regular income and having the discipline to do this
continuously, while resisting the urge to dip into these funds
for whimsical reasons.
Let’s look at the 5 most common reasons cited by Filipinos for not saving, and, if it
applies to you, we also share the steps you can take to address this.
Reason #1: Not having enough money left for savings. This is the most common
reason cited by people for not saving. However, if you take this as an excuse, then
you will never be able to save at all. The first commandment in personal finance is:
Pay Yourself First. Make it a habit to save first before spending the rest of your
income. You have to be disciplined and bite the bullet if need be, giving up some
expenses in order to make way for savings.
Reason #2: Leaving things to fate. Trusting that destiny will take care of our
finances is one of the most dangerous things that you can do. Although it may
appear that things sometimes straighten themselves out, the truth is that you have
to do your part to make sure that you have some savings left. When you've figured
out how much you can regularly save, make arrangements to have a savings
account you cannot easily access, and make sure you put funds into this account
regularly. Being proactive in building up your savings is always safer than simply
leaving things to fate.
Reason #3: Not knowing how to save. No diploma required to learn how to save -
just your commitment to improve your financial situation. There is a wide range of
savings accounts or instruments today, depending on your time horizon and risk
appetite. Consult a financial professional on the options that are available for you.
Getting started on the savings route can be hard, and staying on it too. But look
towards the future and the peace of mind having a nest egg can bring, and that's
your best motivation.
Reason #4: Being buried in debt. Those who have loans to pay often argue that
they could not save because they have to pay off their loans first. However, this
mindset will keep you from being able to save any money at all, especially if you
have a huge loan to pay off. Even as you set aside funds to pay for your debt, do set
aside an amount that would go into your savings. This ensures that you will not
find yourself unprotected should an emergency happen.
16
Reason #5: It's too late for me. It's never too late, and for that matter, never too
early either. To save, it is important to plan for how you will save and to make it a
part of your budget. This is why it is important to have a budget that will guide you
with your spending, and that will help you to minimize extraneous expenses,
hopefully to have more money to add to your savings. This entails planning what to
spend for in advance, and setting realistic limits for yourself. Having a simple
spreadsheet or a list will help you keep your budget in check.
Saving is the first step towards ensuring your financial health. This is why you
have to put an end to the endless excuses and get into the savings habit now. Try
not to think of saving as a chore and don’t think of it as something you can do in
the future when you have more money. Remember, the money you save now
ensures a more secure future for you and the people you love.
Direction: Read carefully the different topics or situations. Then, choose one out of
the topics and write your opinion about it in not less than 5 sentences.
My Opinion
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
17
What I Have Learned
• Values are the standards of principle of good and bad, right or wrong,
important and trivial.
• Identifying values in the visual media requires keen eyes and
analytical mind.
• Money is a commodity accepted by general consent as a medium of
economic exchange.
• Practicing financial responsibility is the key to living a healthy financial life.
• In a chronological sequence the author uses the order of events, or
chronology, to inform readers about events or content. The events may be
organized by time or date, by arranging events as a series of steps or by
following a list-like structure.
• Chronological sequencing is commonly used in nonfiction texts. In nonfiction,
there are usually clear time markers such as dates or times of day to indicate
a clear timeline.
• The four practical tips to keep a conversation going include: Ask appropriate
questions; Be a good listener; Maintain eye contact; and Find
common ground.
• Imperative form is the command form of a sentence.
• An outline is simply a framework for presenting the main and supporting
ideas for a particular subject or topic.
What I Can Do
Activity 8: How to do it
Read the following situations. List down the procedure in accomplishing
simple household chores in the order in which family members can follow them. Do
not forget to use chronological transitional (signal) words to indicate time-order or
sequence. Use a separate whole paper for your answers.
18
Assessment
__1. What is the term which refers to the medium in which prices and values are
expressed?
a. money b. capital c. interest d. dollar
___ 4. When you allocate your money for your basic needs and expenses in a period
of time, you are ______________it.
a. earning c. spending
b. budgeting d. saving
For items 5 – 10. Fill the blanks with the correct transitional (signal) word chosen
from the box.
when next finally
first then now
19
Multiply your joy!
Additional Activities
https://www.pinterest.ph/pin/776378423246047126/
20
21
Activity 6 – Giving instructions
1. Don’t use
2. Don’t eat
3. Wash
4. Don’t write
5. Turn
6. Don’t walk
7. Don’t enter
8. Don’t cross
9. Don’t smoke
10.Be
Activity 7 – What’s your opinion?
➢ Answer may vary
Activity 8 – How to do it
➢ Answer may vary
Activity 1 – Values in the Images
➢ Answers may vary. Possible Activity 9 – Let’s Sum Up
answers are 1. a
1. thrifty 2. c
2. kind /helpful 3. a
3. wasteful 4. b
4. saving money 5. first
5. hardwork 6. next
7. then
Activity 2 – Let me know your stand 8. now
➢ Answer may vary 9. when
10.finally
Activity 3 – Chart completion
➢ Answer may vary Activity 10 – Let’s Do More
➢ Answer may vary
Activity 4. Comprehension Check
1. Autumn Season What I Know
2. The ant won’t stop working to 1. a
save more food for the winter. 2. a
3. The grasshopper finds itself 3. c
hungry during the winter. 4. c
4. The ants were staying in their 5. c
homes with enough food. 6. a
5. Answer may vary 7. b
8. a
Activity 5. Money Does Matter! 9. a
➢ Answer may vary 10.d
11.
Answer Key
References
https://www.randelltiongson.com/what-is-money/
http://www.literacysolutions.com.au/blog/2016/05/10/chronologicaltime-order-
sequence-part-3-of-7/
https://www.longlongtimeago.com/once-upon-a-time/fables/from-aesop/the-ant-
and-the-grasshopper/
https://www.google.com/search?ei=K43QXpTPEYmB-
QaNnpnYDA&q=5+use+appropriate+strategies+to+keep+a+discussion+going&oq=5+
use+appropriate+strategies+keep+a+discussion+going&gs_lcp=CgZwc3ktYWIQDFA
AWABgsipoAHAAeACAAQCIAQCSAQCYAQCqAQdnd3Mtd2l6&sclient=psy-
ab&ved=0ahUKEwjUkMfwm9jpAhWJQN4KHQ1PBssQ4dUDCAw
https://news.abs-cbn.com/business/09/25/17/5-reasons-filipinos-dont-save-
money
https://www.classcraft.com/blog/features/brain-break-ideas/
https://www.herzing.edu/blog/herzing/5-steps-create-perfect-outline
https://www.eslprintables.com/grammar_worksheets/instructions/giving_instruct
ions/Giving_instructions_433039/
22
DISCLAIMER
This Self-learning Module (SLM) was developed by DepEd SOCCSKSARGEN with the
primary objective of preparing for and addressing the new normal. Contents of this
module were based on DepEd’s Most Essential Learning Competencies (MELC). This is a
supplementary material to be used by all learners of Region XII in all public schools
beginning SY 2020-2021. The process of LR development was observed in the production
of this module. This is version 1.0. We highly encourage feedback, comments, and
recommendations.