Activity 5 | 2025 Budget Plans

Objective: To identify and understand our expenses, allowing for a clear analysis of spending habits and areas where adjustments can be made. 

VP Article: A Guide To Managing Your Remote Work Budget

INSTRUCTIONS: BEFORE STARTING THE ACTIVITY, MAKE SURE TO READ ALL INSTRUCTIONS FROM TOP TO BOTTOM.

Use Loom to record yourself while reading the article aloud. You may split the reading part into as many recordings as necessary. Once you’ve finished, write down all your daily, weekly, or monthly expenses in your Virtual Professionals notebook, from your electric bill to smaller ones like SIM card loads. Afterward, categorize each expense as either a want or a need. Finally, create a category called “TRASH” where you put the expenses that you believe are unnecessary and can be eliminated. This will be a small step towards helping us identify what truly matters. Write a brief plan outlining the strategies you intend to use to save as much money as possible, and it should be composed of a minimum of 200 words.

Do not use ChatGPT or any AI tools to generate your output. However, you may use ChatGPT to check the grammar.

Important Note: As much as possible, do this activity when you are calm, not rushed, and when your mind is clear and relaxed. Avoid doing it during busy or stressful moments to fully benefit from the experience. 

How To Send: 

Using your VP Gmail, add the SUBJECT line: Activity 5: 2025 Budget Plans | VP Screen Name, and take a photo/s of your output and change the photo’s file name according to the sequence of the pages in your Virtual Professionals notebook. For example: Activity 5 (1), Activity 5 (2). Send it to info.virtualprofessionals@gmail.com and CC michelle.virtualprofessionals@gmail.com along with the Loom recording link/s. 

Before sending the Loom recording, make sure to update the title of your recording. The file name should match the subject line of your email. If you have multiple recordings, include a number to indicate the sequence.

Example:

• Activity 5: 2025 Budget Plans | VP Screen Name (1)
• Activity 5: 2025 Budget Plans | VP Screen Name (2)

Goals: To develop a clear savings plan by understanding our expenses and cutting out minor, unnecessary costs, thereby improving our ability to save effectively.