6

TLE - HE
Quarter 2 - Module 1:
Management of Family Resources
TLE-Home Economics – Grade 6
Alternative Delivery Mode
Quarter 2 - Module 1: Management of Family Resources
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: Maria Lorena O. Abrasado
Editors: Jesusa D. Paladar, Haidee T. Villalon
Reviewer: Haidee T. Villalon
Typesetters: Haidee T. Villalon, Fe T. Cabio
Management Team: Senen Priscillo P. Paulin, CESO V Rosela R. Abiera
Fay C. Luarez, TM, Ed.D., Ph.D. Maricel S. Rasid
Adolf P. Aguilar, Ed.D.,TM Elmar L. Cabrera
Nilita L. Ragay, Ed.D.
Antonio B. Baguio, Jr. Ed.D.

Printed in the Philippines by ________________________

Department of Education –Region VII Schools Division of Negros Oriental

Office Address: Kagawasan, Ave., Daro, Dumaguete City, Negros Oriental

Tele #: (035) 225 2376 / 541 1117
E-mail Address: negros.oriental@deped.gov.ph
 6

TLE
Quarter 2 - Module 1:
Management of Family
Resources
 What I Need to Know

Management of Family Resources is very important aspect in human life.

Family Resources are the means that can be used by the family to cope with difficult
situations; these include social, cultural, religious, economic and medical resources.
Resources can be defined as anything we use to achieve what we want (our goals). In
other words, they are the materials and human attributes which satisfy our wants.

This module is designed to introduce and help you understand about

Management of Family Resources and aims to develop understanding on the
importance of Family Resources and Needs as well as the Sources of Family Income.

This is the right time to fully understand your role as family member by doing
your share.

Content Standard
Demonstrates understanding and skills in managing family resources.

Performance Standard
Manages family resources applying the principles of home management

Learning Competencies TLE6HE-0a-1 - 2

1.1 Identifies family resources and needs (human, material, and non-material)
1.1.1 list of family resources
1.1.2 list of basic and social needs
1.2 Enumerate sources of income

Learning Objectives

At the end of the module you should be able to:

1. Define family resources.

2. Discuss the types of family resources.
3. Practice wise spending of family resources/income.

1
 What I Know

I. Write TRUE if the statement is correct and FALSE if the statement is wrong.
Write your answer in your notebook.

_______1. Planning is mostly a thinking process. Family resources are those used
by the family in doing household works.
_______2. The members of the family are important resources in management.
_______3. Every person has his/her unique ability and intelligence in a way that
improves not only himself or herself but also others.
_______4. The mother is considered the manager of the house.
_______5. Children should not share in managing the house.
_______6. Family members can be assigned any task even if they do not have the
skill for it.
_______7. To ensure the success of the plan or work schedule, the manager
should consider the age, health and abilities of each member.
_______8. Time management promotes harmony and security to all family
members and allows task to be completed according to schedule.
_______9. Having emotional stability, mental alertness, and reasonable
commitment and positive outlook in life, especially in work improves
self and society.
_______10. Management is part of family living.

II. Match Column A with Column B. Write the letter of the correct answer in your
notebook.

1. Income a. it serves as the workshop where skills are honed,

2. Family Income attitudes and values are developed.
3. Money Income b. is money that an individual or business receives
4. Total Income in exchange for providing goods or services.
5. Home c. consists of money income received over a certain
period of time.
d. is the total income earned by all the members of
the household.
e. comes from salary, pensions, profits from investment,
rent, interest of capital deposited in bank.

2
 Lesson
Management of Family
1 Resources
Families are the most important economic units in society and their
resources are the means that can be used by the family to cope with different
situations; these include social, cultural, religious, economic and medical resources.

Family is important because it provides love, support and a framework of

values to each of its members. Each one teaches each other, serve one another and
share life's joys and sorrows. It also provides a setting for personal growth and
development and most important influence in one’s life.

Do you have any idea how your family manage your family resources? How do
you make sense of what is happening in your family right now?

When you think about your family going through tough times, what are
some of the experiences you have had? What helped you get through those times?
How do you consider yourself in your family?

What’s In

Answer the following questions base on your personal experience.

Write your answer in your notebook.

1. What are the different family resources?

2. How can you manage family resources wisely?
3. Why should you learn how to manage your time, money and energy?

3
 What’s New

Look at the pictures. What do you see?

Do you have any idea what are these pictures all about?

Do you think all of these are important?

https://www.pinterest.ph/pin/397372367116131387/ https://filipinotimes.net/feature/2019/09/19/come-filipinos-live-extended-families/

https://www.digitalhrtech.com/human-resource-basics/ https://rappler.com/business/economy/ideal-monthly-income-neda-2040-vision

https://upload.wikimedia.org/wikipedia/commons/6/6d/Good_Food_Display_-_NCI_Visuals_Online.jpg https://www.moneymax.ph/personal-finance/articles/time-deposits-philippines

4
 What is It

LET’S BE INFORMED

Lesson 1: FAMILY RESOURCES

This lesson will 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. Apart from money, family resources also include things non-
working members of the 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.

Types of family resources

 Human Resources

Every able-bodied member of the family is considered an important human

resource. People who can contribute their time, effort, skills, strength, and
expertise is considered part of the family’s human resource.

Capabilities, Intelligence, and Skills

Every person has his or her unique ability and intelligence in a way that
improves not only himself or herself but also others. It is important to identify the
talents and skills that each person has and utilize them for the common good.

Strength/Energy

The strength of a person does not only mean having good health and strong
body. It also means having emotional stability, mental alertness, and having
reasonable commitment and positive outlook in life, especially in work that
improves self and society. Strength is also needed to accomplish tasks on time in
order to play, entertain, and relax with the family afterwards.

 Material Resources
Tangible assets such as house and lot, furniture and appliances, jewelry,
automobiles, and cash are referred to as the family’s material resources.

Every family must invest wisely in material resources, making sure that they
consider quality, durability, and appreciation value when choosing what to
purchase.

5
 Real properties and jewelry increase in value over time while the value of
furniture, appliances, and automobiles depreciate or go down as they get old and
worn out.

Non – monetary material resources are valuable too because they can be sold
for a certain amount of cash.

 Non-material Resources Time, health, and experience are intangible

resources but are also important. Without nonmaterial resources, family
members will be unable to perform their duties and responsibilities at home, in
school, and at work.

Time - Time is very important. This is the resource that cultivates cooperation,
fulfilment of the prescribed duties, and smart maintenance of homes. This is used
to start and finish the work without giving burden to the body or resentment to
the person.

Health - The health of family members is important. When family members are in
good health, they can do their duties without delay.

Experience - The more experience a family member has, the more likely he or she
will get hired and be paid a good amount for his or her services. So, job or work
experience is an important non-material resource to have.

Time /Energy management - There are some tasks that require only little time
and energy to accomplish. Take these things into consideration when scheduling
activities.

Household activities should be managed properly to lessen unnecessary labor

and help speed up work and reduce stress.

Below are some helpful reminders or tips to simplify work at home.

 Identify and analyze each activity. Not everything has to be done every
day.

 Plot the activities that can be done daily, weekly, or monthly.

The following is an example of how to plan activities so as not to overwork the

household and allow for other activities to be included during the day.

Daily Weekly Monthly/Need Arises

Cooking Marketing Changing curtains

Sweeping the floor Buying groceries Doing home repairs

Mopping the floor Washing clothes Re-arranging appliance

Washing dishes/utensils Ironing clothes

6
 Watering the plants Cleaning the yard

Cleaning the toilet Applying floor wax

Running errands Dusting furniture

Cleaning cabinets

Arranging clothes

Defrosting refrigerator

 Skills and interests of family members. Allow members of the family to express
their preferred task according to their interests and skills. Rotation of tasks can
be implemented on a weekly or bi-monthly basis.
 Consider the health, age, and abilities of each member.
 Assign tasks based on the availability of the members.
 Coordination among all the family members for the improvement of family
resources to ensure attainment of all goals.

Example of a work schedule

Legends Used:
Father - F Second Eldest Sister – SES
Mother - M Older Brother – OB
Eldest Sister - ES Youngest Brother - YB

ONE WEEK SCHEDULE OF WORK S M T W TH F S

1.Cooking M ES SES OB M ES SES
2. Sweeping the floor OB M ES SES F OB YB
3. Mopping the floor F SES M ES SES YB OB
4. Washing dishes/utensils ES OB F SES YB M OB
5. Dusting furniture and appliances YB ES M F SES OB YB
6.Arranging cabinets and closets ES SES
7. Applying floor wax SES YB
8. Watering the plants YB F ES SES YB OB M
9. Ironing clothes M ES F SES OB YB M
10.Washing clothes ES SES M ES OB YB F
Importance of Proper Time/Energy Management

7
 Promotes harmony and security.
 Allows more time for leisurely activities.
 Opens opportunities for constructive activities such as organizing worthwhile
projects.
 Tasks are completed according to schedule.

Basic needs – are requirements for sustaining life and promoting physical and
mental growth for the children within the family.

1. Food, water, shelter, and clothing. These needs are provided by parents to their
children since birth, to keep them alive.

2. Security and safety needs. The parents provide security and the safety needs of
their children to make them comfortable and to keep them free from fear. This
includes healthcare and education.

Food – fuels the human body. Without it, the body cannot grow or perform at its
best, the organs will stop working properly, and the body eventually dies. Food
supplies nutrients, which are used by every cell in the body as building materials
and fuel.

Water – is vital to life, humans, plants and animals are made up of mostly water. All
living things would die if it weren’t for water. We use water for drinking, washing,
cleaning, cooking and watering plants.

Shelter – Human beings need shelter for protection against natural threats, such as
extreme weather and dangerous creatures, and even as security against other human
beings.

Clothing – is a fiber and textile material worn on the body to enhance personal
appearance and protect it from extreme temperatures and elements of various
climate.

Education – boosts self-esteem, gives the confidence to pursue dreams and

alleviates poverty.

Social needs - are things such as acceptance, appreciation, belonging and

companionship. Essentially, social needs are met by forging relationships with other
people. Social needs are also considered to be deficiency needs or something that is
essential for growth and development. According to Maslow's theory, social needs are
important because forging emotional relationships is essential for preventing anxiety,
depression and loneliness.

Social needs are met in a variety of ways. Families meet the social needs of
children, but later in life, romantic partners, friends and co-workers further meet
social needs.

8
Lesson 2: SOURCES OF FAMILY INCOME

Income - is money that an individual or business receives in exchange for providing

goods or services.
Family income – is the total income earned by all the members of the household.

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

Types of family income

1. Money Income
2. Real Income
3. Psychic Income
Money income maybe in the following forms:

a. Salary - Monthly salary of all the members who are doing government or private
services.
b. Wages - Daily, weekly or monthly wages
c. Rent - Rent of the house and real estate
d. Interest - Interest of the capital deposited in banks, post offices or from lending
money.
e. Projects - Profits from investment either in business or any other sources.
f. Sick Benefits - Medical Allowances
g. Pensions - Money received by retired persons, old age widow and other
pensioners
h. Gift, dividends, securities, royalties etc - Money income which provides
additional comforts enjoyed by the family.

The real income of the family consists of:

a. Inherited landed property, which yields crops for the family.

b. Food furnished by a kitchen garden.

c. Dairy farming and poultry farming.

d. Durable goods and commodities owned by the family.

9
e. Kneading, embroidery, tailoring, pickling, baking and activities carried out in
home.

f. All types of knowledge and services (Household activities) provided by the members
of the family.

g. Community facilities like parks, markets, hospitals, roads, schools, colleges,

libraries, dispensaries, fire and police protection, community entertainments, social
centres etc. Proper utilization of all these can increase the real income of the family.

Psychic Income:

This income is the flow of satisfaction derived by the family from the use of
money income and real income. This income is also called as enjoyment income,
experienced over a given period of time by the proper utilization of money income
and real income. We must maximize psychic income, because our ultimate goal is to
derive maximum satisfaction and peace from life. It is in the form of rewards (as in
prestige, leisure, or pleasant surroundings) not measurable in terms of money or
goods but serving as an incentive to work in certain occupations or situations a
creative artist can reap a psychic income that money cannot match.
Total Income: Total income consists of 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. The family utilizes this total
income to obtain goods and services for the satisfaction of its needs and saves some
unused money income for future use, gifts to other persons or payment of taxes.

Tips in Wise Spending of Your Income

 Make a lists of all the things needed at home and their specification.
 Compare the prices of the products to be bought. Avoid buying things with
higher prices than usual.
 Buy in bulk the things that are needed every day.
 Buy fruits and vegetables in season.
 Know the substitute ingredients for expensive items.
 Be familiar with the stores offering lowest prices.
 Go to a store where you can be assured of good quality and standard price.

10
 What’s More

I. Identify the following items that belongs to financial (F), human (H), or natural (N)
resources. Write your answer in your notebook.
______ 1. skill in acting ______ 6. excellence in sports
______ 2. income from planting crops ______ 7. fresh supply of water
______ 3. fertile soil ______ 8. interest in cooking
______ 4. getting a salary from doing ______ 9. wages from a factory
office work
______ 5. love for reading ______ 10. plants and animals

II. Classify the following income according to the three types of Family income. Copy
the table in your notebook and write your answer.

Monthly salary Weekly wages

Interest from deposits Orchard (farm)

Rice plantation Invitation to a dinner

Dividends Trip to Hong Kong reward

Vegetable garden Rental collection of Apartment or

building

Money Income Real Income Psychic

11
 What I Have Learned

Copy and answer the following questions in your notebook.

1. What are the different family resources?

2. How can you manage family resources wisely?
3. Why should you learn how to manage your time, money, and energy?
4. What are the basic needs of man?

What I Can Do

I. Draw a happy face if the statement is correct and sad face if it is wrong.
Do this in your notebook.
______ 1. One important consideration in making a list of expenditures is to know
your priorities.
______ 2. Needs are those things which the family need to survive on a day to day
basis.
______ 3. Buy all the things that you want before anything else.

______ 4. Balance your income and expenditures.

______ 5. Compare the prices of the products to be bought and avoid buying things
with higher prices than usual.

Assessment

I. Copy the puzzles in your notebook and fill in with the correct answer.

1. It includes money, things, non-working members of the family, energy, time

and skills.

12
 2. Tangible assets such as furniture and appliances, jewelry, house and lot, and
automobiles.

3. A requirement for sustaining life and promoting physical and mental growth
for the children with in the family.

4. For protection against natural treats, such as extreme weather and dangerous
creatures. And even as security against other human beings.

5. Give the confidence to pursue dreams, alleviates poverty and boosts self-
esteem.

II. Find out how much you already know about the lesson by answering the items in
the test. Write T if the statement is true and F if it is false in your notebook.

______ 1. Time and energy are two important resources of the family that need to be
spent wisely.
______ 2. Work includes leisure, rest and sleep.
______ 3. One effective way to establish balance is to prepare a personal and family
schedule of activities.
______ 4. One who does not use his/her own time and energy is likely to become an
effective manager.
______ 5. Implementation means putting things into action.

13
______ 6. Successful implementation requires constant supervision and checking
that things are being done as scheduled.
______ 7. One should not stop learning the rudiments of the skill.
_______8. One should not concentrate on the work that is being done, continue doing
it any time you want. No rush.
______ 9. Comparing the prices of the products to be bought is not necessary.

______ 10. Management is part of family living.

Additional Activities

Search in the puzzle nine (9) possible sources of income and three (3) types of family
income. Write your answers in your notebook.

P O S A Y S E L F O S A E D F G H J O R
H S E T I U L I P N M D S A E C R X E O
Y A Y W G O P E N S I O N S F O E Y L Y
C L E C Y T H S A L D O A T J W A L K A
L A L S H H O R L A L E G E K E L O A L
A R L F S I N T F S E Y E J O R I P E T
A Y O C A S C R H H D I V I D E N D S I
D D S U G F E I O E C X V B M T C E D E
F A T O H U H T N S W R E A Q U O E M S
I S U A I G O R O C B A R R O W M Z O Y
T R G G D G L Y R H O N E Y B E E N N S
N P G J E Y E P A A N M O S T A R T E T
G I O U F H S U R P U E E E L Q E U Y E
S N E E E U R R I P S W E P T E R E I E
H G S Y S S E S A E E L D E R L Y U N I
O T S W T T N E S I S E C R E T S I C T
N P R O F I T S C S S O M E O N E T O E
W E S T E R A C O M M I S S I O N S M F
I T I I A A L O L D E R M A N C A R E S
N S T E R T S E D O E S N T T I C K L E

14
Activity 2

List down at least ten (5) household chores in the home every day. Prepare a work
schedule for one week. Write your answer in a one half (1/2) sheet of paper.

ONE WEEK SCHEDULE OF WORK S M T W TH F S

1.

2.
3.
4.
5.

15
 16
WHAT I KNOW
I.
1. True 6. False
2. True 7. True
3. True 8. True
4. True 9. True
5. False 10. True
II.
1. b 2. d 3. e 4. c 5. a
WHAT’S MORE
I. 1. H 2. F 3. N 4. F 5. H 6. H 7. N 8. H 9. F 10. N
II. Money Income (Monthly salary, weekly wages, interest from deposits, dividends, rental
collection of apartment or building)
Real Income (orchard/farm, rice plantation, vegetable garden)
Psychic (invitation to a dinner, Trip to Hong Kong reward)
WHAT I CAN DO
I. 1. 2. 3. 4. 5.
ASSESSMENT
I. 1. family resources 3. basic needs 5. education
2. material resources 4. shelter
II. 1.T 2. T 3.T 4. F 5.T 6. 7 7.T 8.F 9.F 10.T
ADDITIONAL ACTIVITIES
P O S A Y S E L F O S A E D F G H J O R
H S E T I U L I P N M D S A E C R X E O
Y A Y W G O P E N S I O N S F O E Y L Y
C L E C Y T H S A L D O A T J W A L K A
L A L S H H O R L A L E G E K E L O A L
A R L F S I N T F S E Y E J O R I P E T
A Y O C A S C R H H D I V I D E N D S I
D D S U G F E I O E C X V B M T C E D E
F A T O H U H T N S W R E A Q U O E M S
I S U A I G O R O C B A R R O W M Z O Y
T R G G D G L Y R H O N E Y B E E N N S
N P G J E Y E P A A N M O S T A R T E T
G I O U F H S U R P U E E E L Q E U Y E
S N E E E U R R I P S W E P T E R E I E
H G S Y S S E S A E E L D E R L Y U N I
O T S W T T N E S I S E C R E T S I C T
N P R O F I T S C S S O M E O N E T O E
W E S T E R A C O M M I S S I O N S M F
I T I I A A L O L D E R M A N C A R E S
II.(Answers may vary)
Answer Key
References
Bantigue, Remedios M., Joselito P. Pangalinan. Growing Up with Home Economics
and Livelihood Education 6. FNB Educational, Inc., 2014.

Basbas, Leonora David, Ph.D. Learning and Living in the 21st Century: Worktext in
Home Economics and Livelihood Education. Rex Book Store Publishing.

Butaran, Rosario B., Pedrito R. Pereda, Ed.D, and Gilda R. De Vera, Ph.D.
Home Life 6: Entrepreneurship and ICT, Agriculture, Home Economics, Industrial
Arts. Brilliant Creations Publishing, Inc., 2016.

Internet sources:
https://www.pinterest.ph/pin/397372367116131387/

https://filipinotimes.net/feature/2019/09/19/come-filipinos-live-extended-
families/

https://www.digitalhrtech.com/human-resource-basics/

https://www.google.com/search?q=what+is+cultivate&rlz=1C1CHNY_enPH902PH9
02&oq=what+is+cultivate&aqs=chrome..69i57j0l8.10604j1j8&sourceid=chrome&ie
=UTF-8#dobs=capability

http://www.farnellfamily.com/cfarnell/why/uses.html
https://www.reference.com/world-view/need-shelter
https://www.google.com.ph/webhp?sourceid=chrome-
instant&ion=1&espv=2&ie=UTF8#q=Clothing&*
https://www.google.com.ph/webhp?sourceid=chrome-
instant&ion=1&espv=2&ie=UTF8#q=reasons+why+is+education+important&*
https://www.reference.com/world-view/social-needs-8e3901f003c9203e
https://www.twinkl.com/illustration/sad-face-1
http://www.brainkart.com/article/Family-Resources--Types-and-Characteristics_33512/
For inquiries or feedback, please write or call:

Department of Education – Schools Division of Negros Oriental

Kagawasan, Avenue, Daro, Dumaguete City, Negros Oriental

Tel #: (035) 225 2376 / 541 1117

Email Address: negros.oriental@deped.gov.ph
Website: lrmds.depednodis.net