6

TLE Home Economics

Quarter 1 – Module 1:
Identifying Family Resources, Needs and
Sources of Family Income
Allocating Budget for Basic and Social Needs
Technology and Livelihood Education – Grade 6
Alternative Delivery Mode
Home Economics – Module 1: Identifying Family Resources, Needs and Sources of
Family Income, Allocating Budget for Basic and Social Needs
First Edition, 2020

Republic Act 8293, section 176 states that: No copyright shall subsist in any work of
the Government of the Philippines. However, prior approval of the government agency or office
wherein the work is created shall be necessary for exploitation of such work for profit. Such
agency or office may, among other things, impose as a condition the payment of royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials from their
respective copyright owners. The publisher and authors do not represent nor claim ownership
over them.

Published by the Department of Education

Secretary: Leonor Magtolis Briones
Undersecretary: Diosdado M. San Antonio

Development Team of the Module

Writer: Imelda M. Mambaje

Editor: Concepcion D. Carmona
Reviewer: Elda E. Afable
Illustrator: Eden C. Meriel
Layout Artist: Marites D. Torres
Cover Design: Marlon Q. Diego

Management Team:
Schools Division Superintendent : Romeo M. Alip, PhD, CESO V
OIC-Asst. Schools Division Superintendent : William Roderick R. Fallorin
Chief Education Supervisor, CID : Milagros M. Peñaflor, PhD
Education Program Supervisor, LRMDS : Edgar E. Garcia, MITE
Education Program Supervisor, AP/ADM : Romeo M. Layug
Education Program Supervisor, EPP/TLE : Evelyn V. Mendoza
District Supervisor, Mariveles : Francisco B. Bautista
Division Lead Book Designer : Rubie Anne C. Rana
District LRMDS Coordinator, Mariveles : Marjorie M. Palomo
School LRMDS Coordinator : Concepcion D. Carmona
School Principal : Leonila B. Alcid
District Lead Layout Artist, EPP/TLE : Robert S. Rana
District Lead Illustrator, EPP/TLE : Mariquita A. Banal
District Lead Evaluator, EPP/TLE : Elda E. Afable

Printed in the Philippines by Department of Education – Schools Division of Bataan

Office Address: Provincial Capitol Compound, Balanga City, Bataan
Telefax: (047) 237-2102
E-mail Address: bataan@deped.gov.ph
 6
TLE Home Economics
Quarter 1 – Module 1:
Identifying Family Resources, Needs and
Sources of Family Income
Allocating Budget for Basic and Social Needs
Introductory Message
For the facilitator:

Welcome to the Technology and Livelihood Education – Grade 6 Alternative

Delivery Mode (ADM) Module on Family Resources, Needs and Sources of Family
Income and Allocating Budget for Basic and Social Needs!

This module was collaboratively designed, developed and reviewed by educators

both from public and private institutions to assist you, the teacher or facilitator in
helping the learners met the standards set by the K to 12 Curriculum while
overcoming their personal, social, and economic constraints in schooling.

This learning resource hopes to engage the learners into guided and
independent learning activities at their own pace and time. Furthermore, this also
aims to help learners acquire the needed 21st century skills while taking into
consideration their needs and circumstances.

In addition to the material in the main text, you will also see this box in the
body of the module:

Notes to the Teacher

This contains helpful tips or strategies that
will help you in guiding the learners.

As a facilitator, you are expected to orient the learners on how to use this
module. You also need to keep track of the learners' progress while allowing them to
manage their own learning. Furthermore, you are expected to encourage and assist
the learners as they do the tasks included in the module.

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For the learner:

Welcome to the Technology and Livelihood Education – Grade 6 Alternative

Delivery Mode (ADM) Module on Family Resources, Needs and Sources of Family
Income and Allocating Budget for Basic and Social Needs!

This module was designed to provide you with fun and meaningful
opportunities for guided and independent learning at your own pace and time. You
will be enabled to process the contents of the learning resource while being an active
learner.

This module has the following parts and corresponding icons:

This will give you an idea of the skills or

What I Need to Know competencies you are expected to learn in the
module.
This part includes an activity that aims to
What I Know check what you already know about the
lesson to take. If you get all the answers
correct (100%), you may decide to skip this
module.
This is a brief drill or review to help you link
What’s In the current lesson with the previous one.

In this portion, the new lesson will be

What’s New introduced to you in various ways; a story, a
song, a poem, a problem opener, an activity
or a situation.
This section provides a brief discussion of the
What is It lesson. This aims to help you discover and
understand new concepts and skills.
This comprises activities for independent
What’s More practice to solidify your understanding and
skills of the topic. You may check the
answers to the exercises using the Answer
Key at the end of the module.
This includes questions or blank
What I Have Learned sentence/paragraph to be filled in to process
what you learned from the lesson.
This section provides an activity which will
What I Can Do
help you transfer your new knowledge or skill
into real life situations or concerns.

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 This is a task which aims to evaluate your
Assessment level of mastery in achieving the learning
competency.
In this portion, another activity will be given
Additional Activities to you to enrich your knowledge or skill of the
lesson learned.
This contains answers to all activities in the
Answer Key module.

At the end of this module you will also find:

References This is a list of all sources used in developing

this module.

The following are some reminders in using this module:

1. Use the module with care. Do not put unnecessary mark/s on any part of the
module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind that you are not
alone.

We hope that through this material, you will experience meaningful learning
and gain deep understanding of the relevant competencies. You can do it!

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 What I Need to Know

This module was designed and written to help you learn to identify the resources
available in the family and how to properly manage these resources in order to
provide sufficiently for the family’s different needs.

Aside from money, family resources also include things non-working family may
possess. These are energy, time, and skills. Like money, these resources are finite.
This should be instilled in the minds of the members of the family.

At the end of the lessons you are expected to:

1. define family resources (TLE6HE-0a-1)

a. identify lists of family resources

b. explain the types of family resources

c. enumerate sources of income (TLE6HE-0a-2)

d. discuss the types of family income

e. give examples of each type of income

2. allocates budget for basic and social needs such as: (TLE6HE-0b-3)
a. food and clothing
b. shelter and education
c. social needs: social and moral obligations (birthdays, baptism, etc.) family
activities, school affairs, savings/emergency budget (health, house repair)

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 What I Know

On a separate sheet of paper, write T if the statement is correct and F if the statement
is incorrect.

________1. Productivity and hard work should be taught and instilled to children
while they’re still young.

________2. Children should not help or meddle on managing the family income and
resources.

________3. The mother is the sole family member who should manage the house.

________4. Proper home management is all about how the family members utilize
their material and non-material resources.

________5. A family’s resources can be classified or grouped into tangible or intangible

ones.

________6. Factory workers always expect bonus before the Lenten season.

________7. Members of the cooperatives usually get their dividends before the year
ends.

________8. Pensions are given to old-aged family members or senior citizens when
they retire from work.

________9. The family should enjoy their psychic income but with limitations.

________10. Dairy and poultry farming are examples of psychic income.

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 Lesson

1 Family Resources and Needs

Home management is one of the most vital and essential roles we must all learn in
life. Proper management of the home is simply about how the family members wisely
use both of their material and non-material resources. Proper utilization of their
family’s resources would help them attain their goals and have a better home life.

What’s In

Read the sentences below then decide whether you would draw a star ( ) in your
answer sheet when the sentence tells something about income resources of the family
or a sun ( ) when it is not.

_____ 1. Children should be prepared, taught and trained on being responsible at an

early age.

_____ 2. Mr. Tan went to Boracay Island to spend his holiday.

_____ 3. Every member of Perez family saves money because they planned to go on a
summer vacation in Palawan.

_____ 4.One of the important shared responsibilities of the family members is

managing the family income and resources.

_____ 5. Lorena spend her time in a computer shop.

_____ 6. Francis is good in skating.

_____ 7. My brother actively joins a cooperative in our barangay.

_____ 8. Daily wages are usually lower than the salaries just like that of my uncle who
is a police officer.

_____ 9. A mother should teach her child/children to save money in the bank at an
early age.

_____ 10. Nerrie takes one hour walk every morning

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 Notes to the Teacher
This module aims the learners to gain knowledge and understand
the ways of managing family resources, learn how to allocate the
income of the family and accept their shared responsibilities in
the family.

What’s New

Here is a short story about a man with a Golden Hands. Read it silently. If you wish
to share this story to other members of the family, you may read it aloud.

THE MAN WITH THE GOLDEN HANDS

The alarm clock rings. It tells Darrel to wake up

and prepare himself to his work. He is an
employee of Herma Shipyard Company as welder
for three years now. In fact, he is a consistent
model employee for two years. He always receives
an incentive from the company because he works
efficiently. During the anniversary celebration of
the company, he was again awarded a plaque of
appreciation, received an incentive of P 6,000.00,
got his salary raised to P30,000.00 and was called
A MAN WITH A GOLDEN HANDS by the Chief
Executive Officer of Herma.

Back home, his family was really happy especially his wife who manages a store
which earns P12,000 monthly. Having a regular salary from work and an additional
income from the store of his wife enable them to support the needs of the family.
They were able to live in a big and comfortable house, buy enough food, and wear
clothes in fashion. They also send their children in a private school, go to mall once
in a while, buy gadgets and jewelry and at the same time save money in the bank for
the future needs such as emergency cases like hospitalization and recreation during
holidays.

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Being a skilled-welder brought luck and fortune to Darrel. With their savings, they
were able to buy a van for a Rent-a-Car business, owned a lot, and, and provide
capital to his inherited fishpond that culture bangus and shrimps which gives them
an earning of P 9,000.00 per month. He plans to resign from his job soon in order
to focus on their business.

Here are few questions regarding the story you had read. You may go over the story
again or ask any member of the family to help you answer the questions.

1. Who are the characters of the story? Explain their characteristics briefly.

2. What are the sources of their family income?

3. Does the sources of income enough to support the family’s need and
expenses?

What is It

Home management is part of family life. This is all about managing the family
resources so that the needs and wants of each member is met and satisfied. Parents
are not the only ones with the responsibility for managing the home. Everyone must
be aware of their duties and roles in this endeavor.

In order to manage the family’s resources well, you must first know what these
resources are.

Family resources:

A family’s resources include anything that is either tangible or intangible that helps
provide for the needs of its members. Like any other resources, these are limited and
family members need to work to sustain them.

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 Types of Family Resources

Human Resources Material Resources Non-material Resources

contributed by family are tangible assests of are intangible resources
members the family of the family

Capabilities, intelligence, House and lot Time

skills Furniture and appliances
and talents of family
members Jewelry Health

Strength / Energy Automobiles

having emotional Cash and bank deposits
stability, mental Experience of the family
alertness, reasonable Non-monetary material members
commitment and resources
positive outlook in
On the other hand, a family has its needs and without these, it is impossible for a
family member to continue his life. These needs are essential to every human being
so that he can sustain life and promote physical and mental growth. If a family
meets these basic needs, every member will be able to do the regular daily activities.

These family’s basic needs are:

a. Food – are the things that we eat (including plant and animal products) to
provide us energy and promote our growth.
b. Clothing – it includes dresses, uniforms, jackets that will cover and protect
our body.
c. Shelter – any structure that provides us protection against weather
temperature, secures us from danger and provides us privacy.
d. Education – is the acquisition of knowledge, skills and values which serves
as the ladder to attain one’s goal.
e. Social needs – these are the things that help us feel the sense of belonging
and acceptance. We acquire them through socialization,
(example: family gathering and community activities).
The ultimate goal of the parents is to provide the needs mentioned above for the
family, especially for the children. This is why, the father, the mother or both of
them work in order to have an income that will support the family.

Income - pertains to the money that an individual or business receives in exchange

for providing goods or services.

Family income – is the total income earned by all the family or household members.

Sources of family income

 Salary earned for services rendered
 Bonuses, commissions, or honoraria given by an employer to employees
 Profits earned from business
 Rentals from owned properties
 Dividends from stock holdings

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 Types of Family Income

Money Income Real Income Psychic Income

consists of the
maybe in the form of: this means
following:

Salary Inherited land/property

from government or which yields crops for the
private services family
- the satisfaction
derived by the
Wages Food
family from the use
daily, weekly or monthly furnished by a kitchen
of money income
garden
and real income
Rent
Dairy and poultry
from house and real
farming
estate rental
Interest
Durable goods and
from capital deposited in
commodities
banks, post offices or from
owned by the family
lending money
Profits Kneading, embroidery, experienced over a
from investment in tailoring, pickling, period of time and
business or any other baking and other needs to be utilized
sources activities at home to its maximum
All types of knowledge
and services (household
Sick benefits
activities)
medical allowances
provided by the members
of the family
Pensions
Community facilities
money received by retired
like parks, markets,
persons, old age widow
hospitals, roads, schools,
and other pensioners
colleges, libraries,
Gift, dividends, also called enjoyment
dispensaries, fire and
securities, royalties, income
police protection,
money income
community
provide additional
entertainments, social
comforts enjoyed by the
centers etc.
family

Total Income:

Total income consists of money income received over a certain period of time and
the real income received by the family members from other sources during the same
period without spending one’s own money income. The family utilizes this total
income to obtain goods and services for the satisfaction of its members’ needs and
saves some unused money income for future use, gifts to other persons or payment
of taxes.

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Let us find out how much is the total income of Darrel’s family:

Darrel’s monthly salary - Php 30,000.00

Incentive 6,000.00 Money Income
Mother’s profit from business 12,000.00
48,000.00
Earnings from fishpond 9,000.00 Real Income
Total Income Php 57,000.00

To get the total income, add all the money income and the real income.

What’s More

Activity I

There are three columns below: human resources, material resources, and non-
material resources. Using the story, A MAN WITH THE GOLDEN HANDS, as your
reference, classify the words listed below as to what column they should belong to.

Human resources Material resources Non-Material resources

income from sari-sari store jewelries

consistent model employee incentive from employer
skilled welder bus with franchise
go to mall house and lot
salary Savings
three year-experience as welder

Activity 2
Below are the Delos Reyes’ earnings from various types of income. Write them in
each proper column.

eggs from the farm Grandpa’s check from SSS

2-day vacation in Palawan watching movies once a
reading books at the Municipal Library Miah’s gift certificate from Social Bingo
Gary’s check from the cooperative Fresh tilapia from own fishpond
Father’s incentive from the company Mother’s profit from her business

Money income Real income Psychic Income

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 What I Have Learned

Here is a poem for you. To complete each line, look for the appropriate word from
the list below inside the box. Then memorize it.

Family Resources
(by: Imelda M. Mambaje)

___________________ includes capabilities

Next are intelligence and ______
From strength they can pay their bills
As well as food and utilities.
_____________________ include
Tangible nor ____________are good
Non-material resources hey dude
Time, ______, and experience…
I thank you Lord!

Let us talk about ________ and family income

__________, bonus, _____________,
Profits, dividends, and rentals
From family’s properties owned.
There are three types of family income
_______, real, and ______ are some
If you have these all you’re lucky
Life of king and queen well you’ gonna be.

Skills intangible human resources

material resources health

commissions salary money

income psychic

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 What I Can Do

Exercise A:

Rearrange the jumbled letters in each number in order to answer the given question

1. Your mother makes sure that you and your brothers and sisters will be
regularly checked by a doctor. What family resources does your mother
value? ________ (telhah)

2. My father is a welder. He uses his _____ (lsikl) to be efficient and productive.

3. When each member of the family contribute his time, effort, energy, and
money to attain its goal, this family resource is called _______________
(amhnu csruorere).

4. The manager is the brain of all the business transactions in a company. He

uses his ___________( eligcneliten}.

5. My neighbor was promoted as supervisor in one of the companies in AFAB

because he can handle the workers well. The owner says he has the
_____________(eitsapacilb) to do it.

Exercises B:

Compute the total income of Servando’s family for the month of May.

1. Salary of the father is Php 26,000.00

2. Mother’s profit from her store is Php 16,000.00
3. Larry received a dividend from the cooperative amounted to Php 2,500.00
4. Rosie sold the eggs from the farm worth Php 600.00

How much is the money income? the real income?

What is the total income of Servando’s family?

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 Assessment

Try to measure what have you learned from this module by reading the sentences
that follow and choosing the letter of the correct answer and have it written on your
answer sheet.

1. A ____________________ include anything tangible or intangible that helps

provide for the needs of its members.

a. home management b. family resources c. natural resources2.

2. Every able-bodied member of the household is considered an important
____________

a. family resources b. human resources c. material resources

3. Real properties and jewelry increase their value over time whereas the
value of furniture, appliances, and automobiles depreciate or go down as
they get old and worn out.
a a. true b. false c. maybe
4. Every person has his or her unique ability and _______________ in a way
that improves not only himself or herself but also others.

a. effort b. expertise c. intelligence

5. The __________ of a person means having emotional stability, mental

alertness, and having reasonable commitment and positive outlook in life.

a. strength b. capabilities c. intelligence

6. It is the money that an individual or business receives in exchange for

providing goods or services.

a. wages b. income c. salary

7. The total income earned by all the members of the household is called______.
a. family income b. salary c. pension
8. This is the cash that a government or private employee receives either semi-
monthly or montly.
a. pension b. salary c. rental
9. Money received by retired persons, old age widow and other pensioners is
called _________.
a. pension b. commissions c. wages
10. It is the money income received over a certain period of time and the real
income received during the same period from other sources without spending
one’s own money income.
a. total income b. wages c. rentals

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 Additional Activities

Let’s Do Together

On a piece of paper write T, S, M, or C after reading each number and identify the
resource that you value for each row.

Legend:

T – Time S – Strength M – Money C - Capability/Skill/Talent

Task T S M C

1. Always comes on time on worksite.

2. Give himself a time for relaxation.

3. Her creativity in making samples of design in their bags and

accessories business made her rich.

4. Invest his money in a cooperative feels him secured when he

gets old.

5. Doing two or more tasks at the same time or multitasking

6. Thinking and inventing a recipe of a new food item.

7. Always finish the bulk orders from other countries on time.

8. Forgetting problems by having recreational activities

9. Expenses that come regularly.

10. Income earned from business.

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 What I Know

Write T on your answering notebook if the statement is correct and F if the statement
is incorrect.

1. Budgeting the family’s income is one of the most difficult activities to do.

2. Children need to be taught and trained in spending the allowance allocated

to them.

3. Food should be the least priority in the family’s budget.

4. Education is also considered a basic need of man since this would prepare
him for his future.

5. It’s a must for mothers to allot or allocate a portion of family income for
savings.

6. If the family’s income isn’t enough, the mother should keep it secret to all
members of the family.

7. All of the household members must take part and cooperate in budget
spending.

8. The family’s total income is at all times, the basis when mothers allocate the
family’s budget.

9. Family budgets may vary from one another because of underlying factors like
the size of the family.

10. Keep in mind the important factors needing consideration in allocating the
family’s budget.

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 Lesson
Allocation of Budget for
2 Basic and Social Needs
Allocating budget for the family always depends on the total family income within a
month. The mother’s role matters a lot in this important family activity because as a
manager she knows the priorities that needs to have the allocation of the budget.
She has to revisit the priorities regularly because these change from time to time.
And of course, each of the household members must also know, take part and
cooperate on how to spend the money in order to attain the family’s goal.

What’s In

Match column A to column B. You may ask an elder member of the family to check
your work. Answer in your notebook.

Column A Column B
a. These are the people who voluntarily contribute their
1. income time, effort, skill, strength, and expertise for the
family.
b. This type of family resources such as time, health, and
2. strength/energy
experience are intangible resources

3. human resources c. It’s the money received by retired persons, old age
widow and other pensioners
d. It’s an inherited land property, which yields crops for
4. material resources
the family.
5. non-material e.This pertains to the money that an individual or a
business establishment receives as payment for goods
resources
and services rendered.
f. This may include house and lot, furniture and
6. family income
appliances, jewelry, automobiles, and cash
g. It’s the total income earned by all of the household
7. salary
members.
h. It’s the monthly salary of all the family members who
8. pension
are doing government or private services.
i. It means having emotional stability, mental alertness,
and having reasonable commitment and positive
9. real income
outlook in life, especially in work that improves self
and society.
j. This income is the flow of satisfaction derived by the
10. psychic income
family from the use of money income and real income.

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 Notes to the Teacher

This lesson aims the learners to understand the importance of

effective management of family resources in attaining family goals.

What’s New

Remember the story of “A MAN WITH A GOLDEN HANDS” in our first lesson?
Here is how his wife allocated their total income:

Darrel’s monthly salary - Php 30,000.00

Incentive 6,000.00
Mother’s profit from business 12,000.00
48,000.00
Earnings from fishpond 9,000.00
Total Income Php 57,000.00

Sample of budget for the month of July

Total income: Php 57,000.00

Family: 4 members

Item % of allotted budget

Food 35
Education 16
Shelter 10
Utilities 12
Household operations 10
Clothing 5
Recreations 3
Savings 10
Total 100

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This budget on the chart can also be shown using a pie graph. See example below

1. From the chart and the pie graph above, what are the items that Darrel’s
wife gave allocations to?

2. Which item or component of family budget has the highest allocation? Least
allocation? Why do you think so?

3. Aside from food and recreations, what are the other items that needs to be
given budget to?

4. Why is it necessary to allocate budget for the family’s needs?

5. What should be remembered when allocating budget for the family?

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 What is It

A budget is the amount of money one sets aside for planned expenses. It’s a plan
indicating how much money will be spent or allocated during a particular period.

Budgeting serves as a guide on the wise use of family resources. It is based on the
system by which wages or salaries are received and spent by itemizing the family’s
needs with the corresponding amount of money needed to meet them. If income is
wisely budgeted, family’s goals are met.

The family’s budget is allocated with respect to these two basic needs:
Basic and social needs:

Basic needs are the things that people can’t live without. These includes enough
food, descent clothing, and secured shelter. Education is also considered a basic
need because it’s an important qualification when you are looking or seeking a job.

Social needs are anything from education, sports, celebration, travel, and leisure for
our fulfilment, esteem, and self-actualization. Examples of social needs are social
and moral obligations such as birthdays, baptism, etc., family activities, and school
affairs.

A family budget maybe different from one family to another due to family size and
composition, family values and standards of living. Some families prefer or choose to
spend more on food, others on clothing and still others on education. The family
members’ own values and preferences influence their priorities.
Components or elements of a family budget

 Food – groceries, raw and cooked food, staples, condiments, and spices

 Shelter – if not renting, includes taxes, repair, and maintenance

 Clothing – uniforms, clothes, and accessories

 Education – tuition fees, books, daily food, transportation allowance of

children

 Household operations – things needed in the house, beddings, curtains,

furniture, and other paraphernalia to make members comfortable

 Utilities – electric, water, and telephone bills, gas, salaries of helpers

 Health – medicine, check-up

 Recreation – family outings, outside dining, watching movies.

 Savings – the amount set aside or deposited in the bank

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 Family A Family B

Sample of Allocation of Monthly Budget

Total income: Php 57,000.00 Monthly Income: Php 57, 000.00

Family: 4 members Family Members : 6

% of allotted % of Budget
Item Item
budget Allotted
Food 35
Food 40
Education 15 Education 16
Shelter 10 Shelter 15
Utilities 12 Utilities 13
Household operations 10 Household Operation 6
Clothing 5 Clothing 4
Recreations 3 Recreation 3
Savings 3
Savings 10
Total 100 Total 100

Study the two graphs. Family A and B have the same amount of total income. You
will notice that family B allocated less for the savings. It means that more members
of the family there are, the more allocation on expenses is needed.

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 What’s More

Activity I

A. Identify and write on the space provided the component of family budget of the
items in each number.

______ 1. Rice, coffee, bread

______ 2. House repair, house rental, amortization
______ 3. Underwears, jackets, t-shirts
______ 4. Tuition fees, notebooks, school bags
______ 5. Electric fan, dining set, kitchen wares
______ 6. Salary of workers, water bills telephone bill
______ 7. Doctor’s fee, medicines, laboratory tests
______ 8. Field trip, swimming, outing
______ 9. Deposits, investments, insurance
______ 10. Fruits, vegetables, fish
Activity 2. Using the pie graph, try to distribute allocations on the monthly budget
of the Salas’ family with an income of P 40,000.00.

Items Percentage
food
education
shelter
utilities
Household operations
clothing
recreation
savings
Total 100%

Monthly Budget of My Family

Food Education Shelter Utilities Household Operations Clothing Recreation Savings

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 What I Have Learned

To measure how much you have learned from this module, fill-in the diagram by
choosing your answer from the lists below. Write your answer in your notebook.

Activity:

A. What are the family’s basic needs? social needs?

Budget Budget

Basic Needs Social Needs

family activities
education
food
social and Moral Obligations
school affair
shelter
clothing

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B. Arrange the jumbled letters inside the parentheses to form the right word needed.

In allocating the _________ ( t e u b d g ) for the family’s basic needs, __________

( o f o d ) has the highest percentage while ________ ( n t h i o c l g ), __________
( o t e r c a e r i n ) and ___________ ( s i v g s a n ) are in the least priority. The
__________ ( t r m h e o ), who is the usual in-charge in allocating family’s monthly
income should be wise enough to meet the _______ ( d e n e s ) of the family.
Remember that the bigger the family ________ (z e i s ), the bigger the allotment for
the family’s ________________ ( x p e s n e s e ).

What I Can Do

Your mother is teaching you how to allocate budget for the family. And she said that
your family’s income is P 22,000. She asked you to allocate percentage of your
family’s basic needs on the basis of your family income.

Monthly Income: Php 22,000.00

Family members: 3

Item % of Budget Allotted

Food

Education

Shelter

Utilities

Household operations

Clothing

Recreation

Savings

Total 100 %

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 Assessment

Exercise 1

Stella was assigned by her mother to allocate their budget for one-month
consumption. But the components or elements of budget below lack some of the
letters. Help Stella form the words or items. Write your answers your notebook.

1. __ E __ L __ H - check-up, medicine, doctor’s fee

2. F __ O D- groceries, vegetables, canned goods

3. __ D U __ A __ I O __ -tuition fee, notebook, pad, pencil

4. C L __ T __ I N __- shorts, uniforms, clothes

5. S __ E L __ R –renting, includes taxes and maintenance

Exercise 2:

Allocate the following components of a family budget below through the use of a pie
graph.

Item % of Budget Allotted

Food

Education

Shelter

Utilities

Household operations

Clothing

Recreation

Savings

Total 100

22
 Additional Activities

Using your allowance of P200.00 per week, allocate your budget by completing this
chart. You may also use a pie graph to do this.

My Weekly Budget

Item % of Budget Allotted

Food

Transportation fare

School supplies

Savings

Total

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 24
. What I have What’s more Lesson 2
learned (A)
I. What I can do Activity 1: What I know
1. Health 1. basic need: 1. T 6. F
What I can do food, What’s more
2.food 2. T 7. T
Clothing,
Answers may 1. food
3. education shelter. 3. F 8. T
vary
Education 2. shelter
4. Clothing 2. social and 4. T 9. T
moral 3. clothing
5. shelter 5. T 10. T
obligations,
4 education
family What’s In
activities, 5. household
school affairs Lesson 2
operations
What’s In
6. utilities
Exercise 2 1. a 6. g
Activity B 7. health
Answer may vary 2. i 7. h
8. recreation
budget, food,
3. a 8. c
clothing, 9. Savings
recreation, 4. f 9. d
savings, 10. food
5. b 10. j
mother, .
needs, size,
expenses
Additional Activity
LESSON 2
What I can do What’In
What I have What’s more:
Lesson 1 What I Know:
learned
Activity 1 1. T 6. F
Lesson 1 1. star
1. health Activity 1: 2. sun 2. F 7. T
2. Skill 1. human 3. star
3. human 1. 4. star 3. F 8. T
resource resource 2. 5. sun
4.Intelligence 2. skills 3. 6. sun 4. T 9. T
3. material 4. 7. star
5. capabilities
5. 8 .star 5. T 10. T
Solution: resource 6. 9 . star
Salary 4. Intangible 10. sun
7.
Php 26,000.00 5. Health 8. Assessment
Profit 6. Salary 9.
7. Dividends 1. c 6. b
16,000.00 10.
8. Money 2. a 7. a
Dividend
9. Real 3. a 8. b
2,500.00
10. psychic 4. c 9. a
Sold eggs
600.00 5. c 10. a
Total Income
Php 45,100.00
LESSON 1
Answer Key
Reference
Peralta, Gloria, Ruth Arsenue, Catalina Ipolan, Yolanda Quiambao, and Helenay
Ann Ariola. Life Skills Through TLE. 1st ed. Reprint, Quezon City: Vibal
Group Inc., 2016.

25
For inquiries or feedback, please write or call:

Department of Education – Region III,

Schools Division of Bataan - Curriculum Implementation Division
Learning Resources Management and Development Section (LRMDS)

Provincial Capitol Compound, Balanga City, Bataan

Telefax: (047) 237-2102

Email Address: bataan@deped.gov.ph