Republic of the Philippines

North Eastern Mindanao State University

LIANGA CAMPUS
Lianga Surigao del Sur, 8307 Website:
www.sdssu.edu.ph

TRAINING PROPOSAL

I. PROJECT DESCRIPTION

Training Title: Financial Literacy: Managing Your Money in College

Type of Project: Community Based Project

Number of Beneficiaries: 150

Project Beneficiaries: The beneficiaries of this project will be college of teacher’s education in South Eastern
Mindanao State University. We recognize that financial literacy is essential for their future success and well-
being.

Location of Beneficiaries: Poblacion, Lianga, Surigao del Sur

Source of Fund: Fund raising and Voluntary donations

Date of Implementation/Duration: April 1, 2024 - April 30, 2024 (30 days)

Area of Training Project Implementation: Poblacion, Lianga, Surigao del Sur

Budget Requirement:

Training Number 1:
Training Number 2:
Training Number 3:
Training Number 4:
Training Number 5:
Assessment:

Budget Requested: P

Partner Agencies: LGU-Lianga and TESDA

Vision

Our vision is to create a financially literate community of college students who are capable

of managing their finances effectively. We believe that by equipping students with the

necessary financial knowledge and skills, we can empower them to make informed
 financial decisions and achieve long-term financial stability.

Mission

Our mission is to provide comprehensive financial literacy training to college students,

empowering them with the knowledge to make informed financial decisions. We aim to

create a culture of financial responsibility and independence among college students.

Goals

1. Increase the financial literacy rate among college students by 50% in the next 5 years.

2. Empower college students to effectively manage their finances and make informed

financial decisions.

Objectives

1. To equip college students with essential financial management skills. This includes

understanding concepts such as budgeting, saving, investing, and debt management.

2. To raise awareness about the importance of financial literacy and its impact on

personal and professional success.

II. RATIONALE

Financial literacy is a crucial life skill, yet many college students lack the knowledge to manage

their finances effectively. This project aims to address this gap by providing comprehensive

financial literacy training. By equipping college students with the necessary skills and knowledge,

we can empower them to make informed financial decisions, avoid common financial pitfalls, and

achieve long-term financial stability.

III. PROJECT OBJECTIVES
At the end of the project, the participants will be able to:

1. Understand the basics of financial management. This includes concepts such as

budgeting, saving, investing, and debt management.

2. Create and manage a personal budget. Participants will learn how to track their

income and expenses, set financial goals, and make informed spending decisions.

3. Understand and manage debt, including student loans. Participants will learn about

different types of debt, interest rates, repayment options, and strategies for managing

debt effectively.

4. Plan for future financial goals. Participants will learn about the importance of setting

financial goals, creating a financial plan, and making informed investment decisions.

IV. PROJECT DESCRIPTION

This project is a month-long training program that consists of five training sessions and an

assessment. Each session will focus on a different aspect of financial management, providing

participants with a comprehensive understanding of personal finance. The assessment will

evaluate the participants' knowledge and skills acquired throughout the program.

Topics:

Specific topics that will be covered in each training session of the Financial Literacy: Managing

Your Money in College program:

Training Session 1: Basics of Financial Management

- Introduction to Financial Literacy

- Importance of Financial Management

- Setting Financial Goals

- Creating a Personal Budget

- Tracking Income and Expenses

Training Session 2: Saving and Investing

- Importance of Saving

- Different Types of Savings Accounts

- Strategies for Saving Money

- Introduction to Investing

- Basic Investment Options

Training Session 3: Debt Management

- Understanding Different Types of Debt

- Managing Student Loans

- Credit Cards and Responsible Credit Usage

- Strategies for Paying off Debt

- Building a Good Credit Score

Training Session 4: Financial Planning

- Importance of Financial Planning

- Long-term and Short-term Financial Goals

- Retirement Planning

- Insurance and Risk Management

- Estate Planning

Training Session 5: Financial Decision Making

- Evaluating Financial Products and Services

- Making Informed Financial Decisions

- Consumer Rights and Responsibilities

- Avoiding Financial Scams and Fraud

- Financial Resources and Support

Assessment:

- A comprehensive assessment will be conducted to evaluate the participants' understanding

and application of the financial concepts taught throughout the training program. The

assessment may include multiple-choice questions, case studies, and practical exercises to

assess the participants' knowledge and skills acquired during the training.

These specific topics have been designed to provide participants with a comprehensive

understanding of financial management, covering key areas such as budgeting, saving,

investing, debt management, financial planning, and decision making. By covering these topics,

participants will gain the necessary knowledge and skills to effectively manage their finances and

make informed financial decisions.

 V.PROJECT WORKPLAN

Training Course 1: Accounting Journal: Recording Business Transactions

The project will commence on April 1, 2024, with an orientation session. During this

session, participants will be introduced to the project and its objectives. The subsequent

sessions will take place every week, covering different topics such as budgeting, saving

and investing, debt management, and financial goal setting. The final assessment will be

conducted on April 30, 2024, to evaluate the participants' understanding and application

of the financial concepts taught during the training.

VI. TRAINING ORGANIZATION AND STAFFING

Office/Staff Designation Responsibilities Contact Person

Faculty Member/ Program Project Coordinators/ DBA
Coordinator Training Coordinators
______________________
__________________
BSBA Faculty Members Project Members/Trainers All Contractual Faculty
Members
Student Extensionists Student Proponents Teacher’s Education Students
VII. DETAILED BUDGET REQUIREMENT DAY 1

Training Course Program #1 - Accounting Journal: Recording Business Transactions

Proposed
Budget Line Item Description Amount Needed
Source/s
Office Supplies Expenses
Bond paper long 70 GSM reams 15 250.00 STF
Certificates, photo paper A4 180g/m2 Piece 30 20.00 STF
Pencil (pencil and ballpen are both needed STF
in bookkeeping) Piece 20 7.00
Ballpen (pencil and ballpen are both needed STF
in bookkeeping) Piece 20 9.00
Ruler Piece 20 15.00 STF
Journal Book Piece 20 100.00 STF
Book Ledger Piece 20 150.00 STF
Acetate (10cm X 10 meters) Box 1 300.00 STF
Registration Forms Piece 20 30.00 STF
Long Expanded Envelope Brown Piece 20 20.00 STF
Epson Ink Refill Color (Black) bot 4 400.00 STF
Broad White Board Marker Piece 10 40.00 STF
Calculator Piece 20 1000.00 STF
Ethyl/Isopropyl Alcohol 70% Solution (Spray STF
Bottle) 1,000 ml bot 1 210.00
Facemask 3ply box 1 200.00 STF
Advertising Expenses
Tarpaulin 4x8 pc 1 500.00 STF
Representation
Snacks (AM/PM) pax 30 100.00 STF
Meals pax 30 150.00 STF
Honoraria
Honoraria (Speakers) pax 8 1,500.00 STF
Honoraria (Brgy. Extension Coordinator) STF
Pax 1 500.00
Total

VIII. ATTACHMENTS

1. Approved Communication Letter from the Campus Director

2. Approved Communication Letter from the LGU
3. Approved Communication Letter from the TESDA Assessment Center
IX. EXPECTED OUTPUT

By the end of the training program, participants will have a comprehensive understanding of

financial management and the skills necessary to make informed financial decisions. They will

be equipped with practical tools and strategies to effectively manage their finances, including

budgeting, saving, investing, and debt management. We expect participants to demonstrate

improved financial literacy, increased confidence in managing their money, and a greater ability

to achieve their financial goals. Ultimately, the goal is to empower college students with the

knowledge and skills they need to navigate their financial journey successfully.

Prepared by:

JOHN PAUL CABUSAS OMPOCO

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