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  • Writer's pictureFinancial Management

Lesson 4: Alternative sources of income

Updated: Aug 22, 2019

Step 1. Pick a random financial planning by a student and share their re-evaluation result whether is surplus or shortfall.


Step 2. If shortfall, earning more can be the choice. Somehow earning extra money can help and students can earn more even at a young age.


Step 3. Students will be asked to brainstorm how they can earn extra income without relying on their parents.


Step 4. Showcase video of people having more than 1 job with this classification:

1. Part-time job (Freelancing, tutoring) : samples

2. Investments : samples

3. Higher interest savings account: samples

4. Entrepreneurship: samples

or alternatively, having people from the community to do some sharing on their methods.


Step 5. Get students to share their thoughts on the video examples.


Step 6. Reflection: based on their own situation, which approach will you choose and why?


Step 7. Planning: come up with the feasible plan of earning money, critical thinking -reasoning

Step 8. Make sense of all the assignments - come up with their own financial planning for their targeted goals due next lesson


Step 9. Students to do post-test in next lesson or at the end of the lesson if have time.

Start growing your money today.

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