LEARNING ACTIVITY SHEET IN TLE 6

Quarter 3 WEEK 3

Name:______________________________________________ Grade & Section:________________

Allocates budget for basic and social need such as:
1.1.1 Food and clothing
1.1.2 Shelter and education
1.1.3 Social needs: social and moral obligations (birthday, baptisms, etc.),
family activities, school affairs, saving/emergency budget (health, house repair)
TLE6HE0b-3

What I need to know…

Budget
A budget is the amount of money set aside for planned expenses. It is a plan
specifying how much money will be spent or allocated during a particular period.

Budgeting – is a related to the wise use of family resources. It is based on the system by
which wages or salaries are received and how these are to be spent by itemizing the needs of
the family and how much money is needed to meet such needs.

Components or elements of a family budget:

1. Food – this component is the most priority in the household budget. Approximately
50%-60% of the budget goes to food.
2. Shelter – this includes rentals and electric bills such as electricity, water, telephone,
and other services that contribute to the physical comfort of one’s home.
3. Clothing – is more or less dictated by the nature of one’s occupation, the type of social
circle one moves in, and the status symbol that goes with it.
4. Education – this component includes tuition fee, books, daily food, transportation
allowance of children.
5. Household operations – things needed in the house, beddings, curtains, furniture,
and other paraphernalia to make members comfortable.
6. Utilities – electric, water, telephone bills, gas, and salaries of helpers.
7. Health – medicine, check-up.
8. Recreation – family outings, outside dining, and watching movies.
9. Savings – the amount set aside or deposited in the bank.

Allocation of family budget

A family budget may differ from one family size and composition, family values
and standards of living. Some families may spend more on food, others on clothing and
still others on education. The values of the family influence its priorities.
Sample of Monthly Budget
Monthly Income: Php 25,000.00
Family Members: 4
FIGURE 1
ITEM % of budget Amount
allotted
Food 40% 10,100.00
Education 16% 4,000.00
Shelter 15% 3,750.00
Utilities 12% 3,000.00
Household Operation 6% 1,5000.00
Clothing 3% 750.00
Recreation 3% 750.00
Savings 5% 1,250.00
TOTAL 100% 25,000.00

Activity 1
Direction: Make an allotted budget for the following situation.

A. Mr. Abadilla will celebrate his son’s birthday. He managed to have a budget of Php
15, 000.00. He invited his friends and neighbors to celebrate this with his family.

Items Percentage Budget

allocated
Food
Decorations
Souvenirs/invitations
Other expenses
Total
 B. Allocate this budget Php 5,000 budget of this picture below for a Christmas Party.
(Food, games/prizes, decorations)

Item Budget allocated

Cake, balloons,
candy, ball, ice cream, gift,
lantern, coke, series, letters,
milk,
Tupperware, Pencil, shoes,
slippers, dress, Total tshirt,
calculator, lechon, rice, bag
and chocolate.

References:
The Basic of Better family Living 6
https://www.hubpages.com/money/the-importance-of-a-family-budget
 ASSESSMENT IN TLE 6
QUARTER 3 WEEK 3

Name:__________________________________________________ Grade & Section:____________

Direction: Prepare a monthly family budget using the total income of your family for one
month. See figure 1 in enclosure for your guide.

Monthly Income of your Family:

Family Members:

ITEM % of budget allotted Amount

TOTAL
 Learning Activity Sheet in TLE 6
QUARTER 3 WEEK 4

Name:__________________________________________________Grade & Section:_____________

1.2 Prepares feasible and practical budget
1.2.1 Manages family resources efficiently
TLE6HE0b-4

What I need to know…

How to manage family resources efficiently?

1. Inform all the members of the family about the budget.
2. Make adjustments to your budget as necessary. Keep within the amount allocated for
budget items.
3. Choose a simple lifestyle that you can sustain with your earnings.
4. Buy only things that are needed.
5. Schedule your expenses.
6. Follow a shopping and marketing schedule.
7. Avoid making unscheduled, unplanned purchases especially at a store you are not
familiar with.
8. Teach the children to spend their allowance wisely.
9. Conserve energy and other utilities..
10. Recycle or reuse materials.
11. Repair appliances and furniture as needed.
12. Take good care of your belongings.
13. Buy products that are of good quality and reasonable price.
14. Develop the habit of walking short distances.

Factors affecting the family budget:

The following are some factors that can affect a personal or family budget.
1. Amount of Income – the higher the income of the family, the greater the amount that
the family members can spend for their needs and wants. But the greater the income,
the more savings the family can have for the future. On the other hand, the smaller the
income of a family, the more it needs to spend for what is most important and immediate
needs. Food, shelter clothing, education, and utilities are some of immediate needs of
most families today.
2. Size and Composition of the family – the more family members are there, the bigger
amount of income is spent on food, clothing, schooling, and for their other basic needs.
Also when family members are still young and growing up, the more expenses are
needed for their food, health and medical expenses, clothing and other basic needs.
3. Values of the family – different families and different individuals have different
values so they have different priorities on how to spend their money.
4. Needs and wants of the family – needs are materials which the family members
need to survive on a day to day basis. Food, shelter, and clothing are basic needs. Today,
however, education, transportation, lights, and water are also considered needs. Wants,
on the other hand are materials that the family members desire to have. They can be
postponed if the budget is not enough but can be purchased if the budget allows it.
Jewelry, new dresses, cellphones and other electronic gadgets, appliances, and cars are
some of the wants most families would like to buy.

Activity 1
Direction: Interview a parent (A) and a relative (B) about their family budget. Fill up the
chart with the data you’ve collected from them. Tell them that their names will be held
confidentially.

Family A
Monthly Income: Php
Family Members:
Family B
Monthly Income: Php
Family Members:______________

Items Family A (Amount) Family B (Amount)

Food

Shelter ( Repair and maintenance)

Education

Utilities (Water, electricity, Load,

Gas)

Clothing

Savings

Recreation (Family outing,

Total

Reference: Learning and Living in the 21 st Century

 ASSESSMENT IN TLE 6
QUARTER 3 WEEK 4

Name:_______________________________________________Grade & Section:___________________

True or False: Write T if the statement is TRUE an F if it is wrong.

___1. Cellphones, books, computers and laptops are basic items that one needs from day
to day.
___2. One important consideration in making a list of expenditures is to know your
priorities.
___3. Balance your income and expenditures.
___4. Buy your needs first before anything else.
___5. Fixed expenses may be increased or decreased depending on the money available.
___6. Needs are those things which the family needs to survive on a day to day basis.
___7. Know your income or allowances for a definite period of time – monthly, weekly and
daily.
___8. Spending for fun and satisfaction that comes occasionally can be part of a budget.
___9. Budget is a plan for spending only.
___10. Needs first before wants.