Personal Finance & Life Skills I
Financial security is not a luxury — it is a foundation for personal dignity, family stability, and professional growth. Drawing on frameworks from the Bangko Sentral ng Pilipinas, the Insurance Commission of the Philippines, and AXA Philippines, this module covers budgeting, saving, responsible debt, insurance, and investing. It also addresses life skills — stress management, time management, problem-solving — that prepare learners for the realities of independent living and working, locally or abroad.
Study This Module
Read through the full module content — six chapters of detailed material with examples, key takeaways, and practice points. Built for self-paced learning and review.
Preview →Coming soonOption 2Take the Test
Twenty multiple-choice questions covering all six chapters. Per-chapter breakdown at the end, retake as many times as you want, scores saved to your dashboard.
Preview →Coming soonLearning outcomes
- Explain the core principles of personal finance and their impact on life goals, using the BSP Financial Planning Cycle.
- Develop a personal budget, a realistic savings plan, and identify appropriate investment and insurance options.
- Understand responsible borrowing, recognise the risks of debt, and make informed decisions about credit.
- Apply essential life skills for managing stress, time, and personal well-being.
- Cultivate financial discipline, personal accountability, and resilience that support individual and family prosperity.
Module content
Foundations of Financial Literacy
What personal finance is, the BSP five-step Financial Planning Cycle, setting SMART financial goals, and matching financial needs to life stage.
Budgeting, Saving & Investing
Building a personal budget, the power of compound interest, an introduction to investing, insurance as financial protection, and sending money home responsibly for OFW remittance.
Responsible Debt & Credit Management
Good debt vs. bad debt, understanding credit and creditworthiness, recognising predatory lending and scams, and building a positive financial reputation.
Essential Life Skills for Independent Living
Stress management and mental well-being, time management and productivity, problem-solving and decision-making, and building resilience and financial confidence.