NAGA CITY SCIENCE HIGH SCHOOL
Senior High School Department
Balatas, Naga City
1. One financial dream and set your saving scheme
2. How would you have it realized?
3. How can you build wealth based on the instrument discussed on the
lecture?
Presented to:
Ms. Armie Obano
Entrepreneurship Teacher
Presented by:
Ceasar Jay A. Quimco
OCTOBER 12, 2017
Nowadays, in our life we tend to spent so much of our money in buying the things we
want that sometimes we forget to save a portion of it. Learning how to save our money is a very
important thing that can help us especially in the future. Saving money is not an easy thing to
do, it is a long process that needs to consider a lot of things. One of it is knowing our own
financial dream. So, financial dream refers on how we achieve our dreams and make progress
in the financial aspect that can help us raise our standard of living and improve the quality of
our life. It refers on what life we want to have and experience despite of the challenges such as
managing expenses and liabilities. Financial dream serves as the goal in setting our own saving
scheme. Saving scheme refers to the program designed to encourage savings through small but
regular deposits. It is a way on how we can save money and use it for future purposes. Based
from what I’ve realized, as a grade 12 student there are a lot of ways on how we can save. For
myself, I decided to start my saving scheme by opening a savings account in a bank and deposit
a portion of my weekly allowance and extra savings on it. Through this it can help me manage
my allowance and even earn a small interest from it and as well as avoid spending too much on
buying things.
In the seminar we had, there were discussions regarding on how we can build wealth.
Based from what I’ve learned building wealth refers to various schemes and instruments that
drives people to pursue transaction that can help them earn money. This process may seem
ordinary, but for those who are just starting out, or are in transition, this is the most
fundamental step in achieving their goals. Most of us have seen tables showing that a small
amount regularly saved and compounded over time can eventually add up to substantial
wealth, which indeed attract people to invest nowadays. One example of it is the stocks and
bonds. Stocks or shares of stock, represent an ownership or a portion in a corporation. Wherein
every corporation has common stock. Usually stockholders buy stocks when the price of it in
the stock market is low and decide to sell it when the price increases resulting to an earning.
While, Bonds are a form of long-term debt in which the issuing corporation promises to pay the
principal amount at a specific date. When an entity issues a bond, it is issuing debt with the
agreement to pay interest for the use of the money. Stocks and bonds represent two different
ways for an entity to raise money and expand their operations. Nowadays many people tend to
invest in both stocks and bonds. This transactions are very helpful in achieving your financial
goals and in building wealth, however you still need to understand its objectives and purpose
and be aware of the possible risks that may happen.
Overall, I’ve learned a lot of things regarding the seminar. I’ve realized on how saving
money and investing it can be a cornerstone in building wealth. In order to save, you need to
spend less than what you have received, learn to manage and save portions for your savings. In
investing through stocks and bonds, you need to analyse and be aware of every transactions
you make, you should be aware of the tolerance of risks and as well as learning on how to cope
up with it. This things may not be easy and it needs time, dedication and discipline in order to
have a good outcomes and be able to achieve the life you wanted.
