Reviewer in PEC 107 Know that good and useful things can come
from those different from us. It is simply
Multiple choice acknowledging that good ideas and products
have come from cultures we might not like
Social Literacy - concerns itself with the which goes a long way for us to perceive
development of social skills, knowledge and them as being equally valuable.
positive human values that enable human Be willing to compromise – is an attitude of
beings to act positively and responsibly in significant interaction with someone from a
range of complex social settings. different culture is governed by the principle
Globalization and Multicultural Literacy - of "he/she wants something, and I want
ability to communicate with almost anyone, something
in real time that requires new skills and Be selfless is an attitude that is less
attitudes in interacting with people with concerned with how I feel and more
cultures, perspective, worldviews. concerned with how I am making others
Sensitive in friends ' culture. – sensitivity in feel.
other’s culture especially in if two persons Globalization and Multicultural Literacy -
have differences in customs and tradition. discusses how our increasing ability to
Fixed expense – is expenses that happen communicate with almost anyone, anywhere
each month are about the same amount. in real-time.
Social security - is a federal government Functional Literacy is the ability to read
program that provides benefits for people of written materials needed to perform
all ages. everyday vocational tasks.
Variable expense – occur regularly but the Basic Literacy requires the ability to
amount pay varies. Example electricity bill, correlate visual shapes in order to recognize
water bill and price of gas. letters.
Credit – (tagalog utang) is a contractual Reading and writing to knowledge is the
agreement in which a borrower shift in the definition of traditional literacy
receives something of value to a modern view of literacy
immediately and agrees to pay for it
later, usually with interest.
Allowing goods and services to be used now
with a promise of payment in the future.
Investing – is assets purchased with the goal Identification
of providing additional income from the
asset itself but with the risk of loss Money is a thing that influences people’s attitudes.
Asset – convert the invest into cash
Emergency savings - cash set aside to cover Status is a characteristic that people use to show off
the cost of unexpected events by using money.
Saving - a monetary asset that contributes to Social skill that is defined in the literature as the
your net worth ability to interact with others in a given context.
Once your debit card have been lost, report
it to the company issued your card. Short-term goals . It is a goal that can be
Three outputs of new literacy are Increased measured in weeks and can provide instant
research, increased means of communication gratification and feedback.
and increased breadth of content.
Multicultural Literacy - is the composite of Tone of voice is an important part of verbal cues.
skills, abilities, attitudes, personality patterns De Leon 2011 he coined the culture term Dona
necessary for clear and productive Victorina Syndrome.
communication.
Hirsch (1983) He coined the term Cultural Literacy
Globalization is a process of interaction and happen. Here are SOME REASONS WHY SAVING
integration among people, companies, and IS IMPORTANT:
governments worldwide.
Sincere Apology - This is a courageous act and is the 1. Emergency Bolster
quickest way to correct a social blunder. 2. Retirement
Empathy. It allows one to connect with other people. 3. Future Events
4. Instability of Social Security
Frugal – is a characteristic of people who rarely buy
5. A Little Goes a Long Way
luxurious items
School is the place where children spend the majority
of their time with peers
G reeting is the first step in social interaction
Comprehension Literacy – is to understand the
meaning of what is being read
Literacy . It involves continuum learning in enabling
The skills and knowledge required to be
individuals to achieve their goals, develop their multi-culturally literate are:
knowledge and potential, and participate fully in their
1. selflessness;
community and wider society.
2. knowledge that good and useful
things can (and do) come from those
Enumeration different from us;
STANDARDS FOR DEVELOPING 3. willingness to compromise;
UNDERSTANDING OF FINANCIAL 4. acceptance that there are limits; and
LITERACY INCLUDE 5. idea that we cannot be friends with
everyone
1. earning income,
2. buying goods and services, The issues in teaching and learning
multicultural literacy in the Philippines
3. saving,
are the:
4. using credit, 1. nationalistic/regionalistic pushback,
5. financial investing, 2. the persistence of the problem,
3. the question of value.
6. protecting, and insuring.
7. Importance of Saving rise of the new literacies:
1. Increased Reach –
Because no one can predict the future with certainty,
2. Increased Means of Communication
we need to save money for anything that might 3. Increased Breadth of Content
Types of Social skills Characteristics of people’s views on money
1. Greeting 1. Frügal
2. Initiating Conversation 2. Pleasure
3. Understanding the Listener 3. Status
4. Empathizing -. 4. Indifference
5. Reading Social Cues - 5. Self-Worth
6. Previewing or Planning 6. Powerful
7. Problem-Solving
8. Apologizing
Steps in Developing Spending Plan
1. Record
2. Review
3. Take Action
