“KALAYAAN SA KAKAPUSAN”
Money Concept and Skill: Financial Freedom
I. Objectives
At the end of the lesson, the student will be able to:
A. Enumerate the 3 P’s of attaining financial freedom.
B. Explain the importance of having a goal before one can achieve financial
freedom.
C. Defend the importance of planning in achieving one’s goal.
D. Devise ways on how one can stay committed to one’s goal.
II. Summary of Episode
Richie teaches Rosa and Teemy the 3 P’s in attaining financial freedom. The
first “P” is pangarap or aspiration. Actual interviews of students are shown
sharing their aspirations and future plans. The second “P” is pagpapalano or
planning. Again interviews with real students are shown as they share how they
plan to achieve their aspirations. The third “P” is paninindigan / conviction or the
strength of will to pursue one’s aspiration. An actual interview with Atom Araullo
who is an ABS-CBN news correspondent and TV Host is used to illustrate this point.
He relates how he had to hurdle difficulties to stay motivated until he achieves his
goal.
III. Suggested Activities
A. Pre-viewing
What are your aspirations?
Let us pretend you can see your future. What would your life be like
in 20 years? Where will you be, what will you be doing?
Activity
Ask the class to briefly describe in their journal, their aspiration and
how they see themselves in 10 years? 15 years? or 20 years?
B. Post-viewing
What are the 3 P’s in attaining financial freedom?
(Pangarap, Pagpaplano at Paninindigan)
Why is it important to have an aspiration or a goal?
How important is planning to achieve your goal?
How can you stay committed to your goal even when the process is
difficult?
Activities
1. Profile Poster: Ask each student to again think of their own personal
goal or aspiration in life. Then, ask them to design a practical step-by-
step plan (using short-term goals) to reach their goal. Further, they
can also anticipate the difficulties they might face and let them think
of ways to overcome these obstacles. (e.g. procrastination, fear of
failing, impulsive buying, laziness, inflation etc.) When they have
worked out all these, give them art materials so they can make their
own profile poster where they can creatively express their goals, plans
and determination.
2. Let them answer a short Checklist for them to see what good habits
they already have or what they still need to change. E.g. Each time I
receive money, I usually put aside a small amount for savings. I still am
not very diligent in recording my expenses. Sometimes I give in to the
temptation of buying unnecessary items. They can score each item with
5-totally like me; 4-a lot like me; 3-equally like and unlike me; 2- little
like me; 1-not like me.
IV. Values Integration: Self-reliance and Excellence
This episode is focused on 3 important values: Realistic goal-setting
(pangarap), feasible planning (pagpaplano) and will power and determination to
achieve the goal (paninindigan). All of these values are geared towards attaining
financial freedom. Unlike the 3 inner qualities (discipline, determination and
being decided) of a financially literate person, these 3P’s give a step-by-step
process on how to achieve one’s goals. It begins with setting a goal. Then,
designing a plan of action follows. Lastly, it requires one to stick to the plan until
the goal is reached.
Self-reliance is having trust in one’s own strengths and talents. It is not false
pride but confidence in one’s self. This is important in achieving one’s goals. The
less one depends on others to do something, the more one improves in skills and
know-how. When skills are constantly used or tested, honing happens and
eventually there will be excellence and perfection of skills.
