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Republic of the Philippines

Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

School: Solis Elementary School Grade Level: Six


Teacher: Annaliza S. Maya Learning Area: TLE
Date and Time: November 7, 2022 Quarter: Second
8:50 – 9:40

I. OBJECTIVES
A. Grade Level Standard Applies knowledge and skills, and develops one’s interest
in animal/ fish raising

Identifies family resources and needs


(human, material, and nonmaterial)
B. Learning Competencies
TLE6HE-0a-1

Manages family resources applying the principles of home


C. Objectives management.

II. CONTENT FAMILY RESOURCES AND NEEDS

III. LEARNING RESOURCES


A. References K to 12 MELC p 411

1. Teacher’s Guide pages SLM/PIVOT MODULES/ADM


2. Learner’s Materials
Pages
3. Textbook pages
4. Additional materials
from learning
Resource (LR) Portal
B. Other Learning Resources
IV. PROCEDURES
Study the meaning of the following words.
1. Priority
2. Value
3. Ability
4. Skill
5. Resources
6. Effective
7. Economical
8. Social
9. Obligations
A. Drill, review previous lesson 10. Positive attitude
or present the new lesson 11. Budget
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

How well does your family take care of your resources at


home? Does your mother prepare a schedule of activities
B. Establishing a purpose for the for the whole family?
lesson Does every member follow what is on the schedule?
What happens when a home is well-managed? Or poorly
managed?

C. Presenting Today, we will learn about the types of family resources


examples/instances of the new and needs.
lesson

1..Human Resources
D. Discussing new concepts and Family resources as humans possess energy, time, and
practicing new skills #1 skills. It is important to
remember that energy, time, and skills are considered
intangible resources and limited. Every member of the
family who can contribute his/her time, effort, skills,
strength, and expertise through services or work is
considered a family’s human resources.
1.1 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 for society.
1.2 Strength/Energy
A person’s strength/energy does not only mean having
good health and a strong body. It also means having
emotional stability, mental alertness, and having a
reasonable commitment and positive outlook in life,
especially in work that improves self and society.
Strength is also needed to accomplish tasks on time to
play, entertain, and relax with the family afterward.
Therefore, a person who contributed his/her time, skills,
strength/energy, expertise, talent, capabilities, and
intelligence is considered part of human resources. This
human resources can be enhanced and developed by
attending seminars, having a healthy lifestyle,
watching the news, perform the skills always.

2. Material Resources
Family resources as materials are things that can be
bought and owned through the use of money. House and
lot, furniture and appliances, jewelry, automobiles,
and cash are examples as the family’s material resources.
Material resources are also called tangible resources.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Tangible resources can be monetary or non – monetary.


Monetary is in the form of cash and bank deposits while
non-monetary resources are things that someone owns.
Every family must invest wisely in material resources,
making sure that they consider quality, durability, and
appreciation value when choosing what to purchase.
Some material resources increase in value over time like
real properties and jewelry while the value of furniture,
appliances, and automobiles goes 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.

3. Non-material Resources
Time, health, and experience are examples of non-
material resources. Non-material resources are also called
intangible resources. Even non-material resources are
intangible resources still they are very important. These
resources help the family to perform their duties and
responsibilities at home, in school, and at work. Without
these non-material resources, it is impossible to perform
human’s duties and responsibilities.
3.1 Time
Time is very important. This is the resource that cultivates
cooperation, the fulfilment of the prescribed duties, and
the smart maintenance of homes. This is used to start
and finish the work without giving a burden to the body or
resentment to the person.
3.2 Health
The health of family members is important. The popular
saying “health is wealth” is very true to an individual.
When family members are in good health, they can do
their duties without delay.
3.3 Experience
The more experience a family member has, the more he or
she will get hired. He/she will be paid a good amount for
his or her services. Experience is the best teacher because
through job experience the more the worker learned from
his / her job. So, job or work experience is an important
non-material resource to have.

Time / Energy management


Some works require only a little time and energy to
accomplish. Proper scheduling of the different activities as
managing the time will help lessen the unnecessary labor.
It helps speed up work and reduces stress.

E. Discussing new concepts and Directions: Underline the human resources examples
practicing new skills #2 inside the box. Write your answer on
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

your activity sheets.

Directions: Choose the material resources examples


inside the box. Write your answer on
the space provided.

Directions: Encircle the nonmaterial resources examples


inside the box.

F. Developing Mastery
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

G. Finding practical applications


of concepts and skills in daily
living

Fill in the blanks


Directions: Choose the appropriate word inside the box to
complete the thought of every
sentence.

1. ___________________ is the effort, time, skills, strength,


and expertise contributed by a person who can able to
H. Making generalizations and
work.
abstractions about the lesson
2. ___________________ are considered as intangible
resources and limited.
3. ___________________ are things that can be bought and
owned through the use of
money.
4. ___________________ material resources are valuable too
because they can be sold
for a certain amount of cash.
5. ___________________ fulfills the prescribed duties, and
smart maintenance of
homes.

I. Evaluating learning Directions: Identify the following statement that


illustrates family resources and needs. Write Human if the
statement illustrates as human resources, Material if the
statement illustrates as material resources and
Nonmaterial if the statement illustrates as nonmaterial
resources. Write your answer on your activity sheet.
____________1. Real properties and jewelry increase in
value over time.
____________2. Proper scheduling of the different activities
as managing the time will help lessen the unnecessary
labor.
____________3. Another term of material resources is
tangible resources.
____________4. Time is used to start and finish the work
without giving a burden to the body or resentment to the
person.
____________5. Jewelry is a tangible resource that the
value increases over time.
____________6. Strength is important to accomplish certain
task.
____________7. Health of family member is very important
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

in order to perform duties without delay.


____________8. Energy is important in performing duties.
____________9. The more experience of a family member
has, the more he or she will get hired.
___________ 10. Capabilities of an individual is very
important in improving the common Good of society

J. Additional activities for


application or remediation
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

School: Solis Elementary School Grade Level: Six


Teacher: Annaliza S. Maya Learning Area: TLE
Date and Time: November 8, 2022 Quarter: Second
8:50 – 9:40

I. OBJECTIVES
A. Grade Level Standard Applies knowledge and skills, and develops one’s interest
in animal/ fish raising

Enumerates sources of family income


B. Learning Competencies
TLE6HE-0a-2

Manages family resources applying the principles of home


C. Objectives management.

II. CONTENT SOURCE OF FAMILY INCOME

III. LEARNING RESOURCES


C. References K to 12 MELC p 411

5. Teacher’s Guide pages SLM/PIVOT MODULES/ADM


6. Learner’s Materials
Pages
7. Textbook pages
8. Additional materials
from learning
Resource (LR) Portal
D. Other Learning Resources
IV. PROCEDURES

Recall past lesson.

We already learned about the types of family resources


A. Drill, review previous lesson and needs.
or present the new lesson
Name the types of family resources.

B. Establishing a purpose for the Like with any groups or organizations, the family needs
lesson money to sustain its growth and to achieve its goals.
Hence, the family strives to raise money through
various means.
Good management of family resources means using the
human and nonhuman resources of the household in
attaining the family goals or goals of each
family member.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Income -is the money that flows into the family to be


used in exchange for goods,
services, or energy.
Family Income- is the total income earned by all the
members of the household.

C. Presenting
examples/instances of the new
We will learn about family source of income.
lesson

Family source of income can be derived from the


D. Discussing new concepts and following:
practicing new skills #1 1. Wage or salary- are earned for services rendered. This
is the money paid
to the father, mother, or children who work.
2. Profit from business and investment – are dividends
from shares of
stocks and bonds that add income for the family. These
also include
profit made from operating a business.
3. Lease of property- proceeds from the rental of family-
owned real state
property.
4. Pension- is the income of a retired member of the
family.
5. Commission and bonus- are additional income that is
over and above
the regular salary or wage received as a reward or
incentives.
6. Royalty and copyright – are considered additional
income for a family
member who has written a book, composed a song, or
invented a thing.
Types of family income
1. Money Income
2. Real Income
3. Psychic Income

Money Income:
Money Income is the purchasing power in rupees during a
given time.
Money income is one of the important material resources
of the family. It is said,
"Money is a matter of function four, a medium, a
measure, a standard, and a
store." Some people say that "We cannot cat money, but
we cannot eat without
money." According to D.H. Robertson, "Money is anything
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

which is widely
accepted in payment for goods or the discharge of other
kinds of business
obligations." Money income of the family includes all the
earnings which come

to the family in terms of rupees, coins or notes in a


specific time, daily, weekly,
or monthly.
Money income may be in the following forms:
a. Salary
The 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
The interest of the capital deposited in banks, post offices,
or lending
money.
e. Projects
The 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.
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
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

a psychic
income that money cannot match.

Real income is the flow of goods, services, and community


facilities
available for a specific period of time. According to
Donaldson, "The real value
of income received is the goods and services and security
and well-being, that
income (money) will purchase." The concept of real income
is very much
important for family living. Real-time consists of both
producers and
consumer's goods.
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 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 list of all the things needed at home and their
specification.
• Compare the prices of the products to be bought. Avoid
buying things at
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 the lowest prices.
• Go to a store where you can be assured of good quality
and standard
price.

E. Discussing new concepts and E-commerce, also known as electronic commerce or


practicing new skills #2 internet commerce,
refers to the buying and selling of goods or services using
the internet, and the
transfer of money and data to execute these transactions
and gives a family a new
source of income through online selling of products.
Online selling is the act or process of selling goods,
products, or services via
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

an internet or mobile app, auction site, online classified


advertisement, online
shop, social networking, social media, or webshop.
Selling direct online increases your reach. With an online
store, your profits
are no longer limited by the number of customers that can
physically visit your
brick and mortar location. You can sell across towns,
states, and even across
borders, removing all geographical limitations.
Blogging is the process of writing a blog, an online journal
in which you
share your thoughts about a particular subject with
readers. For those that
are looking to start a blog and earn a real income, this is
the ultimate freedom.
However, this digital nomad lifestyle isn't that new. People
have been making
money online for decades now.

The proper management of the home depends on how


family members
utilize their materials and non-material resources.
Using family resources properly will help attain goals for
better home life.
The home serves as the workshop where skills are honed,
attitudes, and values are
developed, habits are formed.
Knowing how to make the most of available resources is a
characteristic of a
good home manager. Managing the family income
includes balancing the budget so
that resources are distributed fairly among the many
needs of the family.
Directions: Find the ten words that you will see inside the
word puzzle box.

F. Developing Mastery

G. Finding practical applications Ask your parents what is the source of family income to
of concepts and skills in daily your family and how did they do it. Write it on your
living notebook.

H. Making generalizations and What are the sources of family income?


abstractions about the lesson
How do you differentiate direct income from indirect
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

income?

How can you spend your income wisely?

Directions: Read the question carefully and write the letter


of the correct answer on
a separate sheet of paper.
1. Patricia is a book writer, and she earned an additional
income from it.
What is the source of income for Patricia?
A. Wage or salary C. Commission and Bonus
B. Lease of property D. Royalty and Copyright
2. Precious is the owner of a building, and she makes it as
an apartment, and
she earned from it through the rentals. What is the source
of income of
precious?
A. Profit from business and Investment C. Commission
and Bonus
B. Lease of property D. Royalty and Copyright
3. Mark is a composer of a song, and every time people
use his
I. Evaluating learning composition, he earns from it. What source of income
does Mark's
receive?
A. Profit from investment C. Salary or Wages
B. Royalty and copyright D. Pension
4. Donald is a retired police officer, and every month he
receives money
from the social security system. What is the source of
income of
Donald?

A. pension C. Commission and Bonus


B. Lease of property D. Royalty and Copyright
5. Vicky is a teacher, and she receives money every month
from the service
that she rendered in the school. What is the source of
income of Vicky?
A. Wage or salary C. Commission and bonus
B. Pension D. Profit from investment

J. Additional activities for


application or remediation

School: Solis Elementary School Grade Level: Six


Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Teacher: Annaliza S. Maya Learning Area: TLE


Date and Time: November 9, 2022 Quarter: Second
8:50 – 9:40

I. OBJECTIVES
A. Grade Level Standard Applies knowledge and skills, and develops one’s interest
in animal/ fish raising

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
B. Learning Competencies moral obligations
(birthdays, baptisms, etc.),
family activities, school

TLE6HE-0b-3

Manages family resources applying the principles of home


C. Objectives management.

ALLOCATION OF BUDGET FOR BASIC AND SOCIAL


II. CONTENT NEEDS

III. LEARNING RESOURCES


E. References K to 12 MELC p 411

9. Teacher’s Guide pages SLM/PIVOT MODULES/ADM


10. Learner’s Materials
Pages
11. Textbook pages
12. Additional materials
from learning
Resource (LR) Portal
F. Other Learning Resources
IV. PROCEDURES

Recall past lesson.


A. Drill, review previous lesson
What are the sources of family income discussed in our
or present the new lesson
past lesson?

B. Establishing a purpose for the


lesson
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Income refers to the monetary payment received by family


members for the
goods and services rendered. Usually, the income of the
family comes from
employment and/or profit from a business or commission
like in selling real state
or selling beauty products.
Expense, on the other hand, refers to the money paid by
the family for the
goods and services that they get.
With the growing economic crisis, you must master the
art of budgeting your
income and expenses to minimize its impact on you and
your family.

C. Presenting
examples/instances of the new We will learn to allocate budget for our basic and social
lesson needs.

Managing the income means allocating it wisely for the


D. Discussing new concepts and basic needs,
practicing new skills #1 education, leisure activities, and the comfortable lifestyle
of the family.
Managing can be done by budgeting. You should also
know how to manage
your family resources aside from knowing the components
of a budget.
Managing the family income includes balancing the
budget so that the
resources are distributed fairly among the many needs of
the family. All
members of the family must feel responsible for managing
family resources.
Each must strive to meet the needs of the family. If needs
are not met, each
must abide by the family’s decision, feel contented, and
make a sacrifice for
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

the sake of the family.

A budget is a plan of how one will allocate or distribute


the family income or
available money.
How important is the budget?

The budget is important because it allows you to allocate


money based on wellplanned needs. The budget likewise
shows where the money was spent.
Components or elements of 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, 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
Allocation of the 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.

• Income is the money that flows into the family to be


Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

used in exchange for


goods, services, or energy.
• The income of the family comes from the salary,
commission, bonus,
business profit, or lease of property,
• The budget is a plan of how one will allocate or
distribute the family income
or available money.

Remember: Income - Expenses= Savings


How to manage family resources efficiently
• Inform all the members of the family about the budget.
• Make adjustments to your budget as necessary. Keep
within the
amount allocated for budget items.
• Buy only things that are needed.
• Schedule your expenses.
• Follow a shopping and marketing schedule.
• Avoid making unscheduled, unplanned purchases,
especially at a
store you are not familiar with.
• Teach the children to spend their allowance wisely.

• Conserve energy and other utilities.


• Recycle or reuse materials.
• Repair appliances and furniture as needed.
• Take good care of your belongings.
• Buy products that are good quality and reasonable
price.
• Develop the habit of walking short distances.

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
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

movies.
Savings - the amount set aside or deposited in the bank.

Factors affecting the family budget


1.Amount of income- the higher the income of the family,
the greater the amount
that the family members can spend on 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
on what is most important
and immediate needs, food, shelter, clothing, education,
and utilities are some of the
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, schooling,
clothing, 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. The needs and wants of the family-needs are materials
that 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 desire to
have. They can postpone if the budget is not enough, but
they can purchase if the
budget allows it. Jewelry, new dresses, cell phones, and
other electronic gadgets,
appliances, and cars are some of the wants most families
would like to buy.

E. Discussing new concepts and Needs and Wants


practicing new skills #2 Our needs and wants to motivate us to work hard. They
encourage and inspire
us to get involved in productive endeavors that will help
our families live better.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

It is important for family members to distinguish clearly


their needs from their
wants. In family budgeting, we must prioritize our needs
and not wants.

Every member must also know how family income is


budgeted. Trough
budgeting, family members, learn to spend money wisely,
thus, saving money
which could be used for other family needs.
There are great benefits when the whole family is involved
in managing its own
resources by checking and counterchecking the progress
in planning and
management implementation. It enhances unity and
cooperation among family
members.

You should also know how to manage your family


resources aside from
knowing the components of a budget. Knowing how to
make the most of available
resources is a characteristic of a good home manager.
Managing the family income
includes balancing the budget so that resources are
distributed fairly among the
many needs of the family.
F. Developing Mastery Directions: Choose the letter of the best answer. Write the
chosen letter on a
separate sheet of paper.
1. Why do families need to balance the budget?
a. So that they can buy their wants if they have extra
savings.
b. So that resources are distributed fairly among the
many needs of the
family.
c. So that there will be more budget for their rest and
recreation.
d. So that they can send their children to expensive
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

schools.
2. How should a family manage their resources aside from
knowing the
components of a budget?
a. They should know how to make the most of the
available resources
b. They should buy a lot of food and store it for future
use.

c. They should buy cheap and instant foods instead of


nutritious foods to
save more money.
d. They should bring sick family members to a quack
doctor than to
expensive specialists.
3. Is it practical to invest some of the family’s savings to
other businesses?
a. Yes, but make sure that the business they are going to
invest in is NOT a
scam.
b. Yes, because investing makes us famous and rich.
c. No, because it will be risky.
d. No, because businesses can be bankrupt.
4. How can a family manage its resources efficiently?
a. Invest in all kinds of businesses.
b. Deposit all their income in the bank
c. Invest their money, mostly on their wants.
d. Set family guidelines in managing family resources.
5. In what way does the involvement of the whole family in
managing the
resources beneficial?
a. It enhances unity and cooperation among family
members.
b. It enhances the mathematical abilities of the members.
c. It enables the members to tell what clothes they want to
buy.
d. It enhances the role of the head of the family.

G. Finding practical applications Ask your parents how much is their total income for the
of concepts and skills in daily month. By following the given percentage on the table
living given above, make a monthly family budget. Write it in
your notebook.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

1. What is income? Budget?


H. Making generalizations and 2. Why do we need to budget the income of the family?
abstractions about the lesson 3. What are the basic considerations in making a family
budget?

A. Directions: Solve and supply the allocated amount per


expenditure in
the table by using the total monthly income of P
30,000.00 for the
family of 5 members.

I. Evaluating learning

Note: Sample for Food .45 X 30,000= P 13, 500.00

B. Directions: Answer the question below. Write your


answer on activity sheet.
1. What are the things (expenses) that we need to consider
in allocating a
budget?

J. Additional activities for


application or remediation
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

School: Solis Elementary School Grade Level: Six


Teacher: Annaliza S. Maya Learning Area: TLE
Date and Time: November 10, 2022 Quarter: Second
8:50 – 9:40

I. OBJECTIVES
A. Grade Level Standard Applies knowledge and skills, and develops one’s interest
in animal/ fish raising

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
B. Learning Competencies moral obligations
(birthdays, baptisms, etc.),
family activities, school

TLE6HE-0b-3

Manages family resources applying the principles of home


C. Objectives management.

ALLOCATION OF BUDGET FOR BASIC AND SOCIAL


II. CONTENT NEEDS

III. LEARNING RESOURCES


G. References K to 12 MELC p 411

13. Teacher’s Guide pages SLM/PIVOT MODULES/ADM


14. Learner’s Materials
Pages
15. Textbook pages
16. Additional materials
from learning
Resource (LR) Portal
H. Other Learning Resources
IV. PROCEDURES

Recall past lesson.


A. Drill, review previous lesson
What are the sources of family income discussed in our
or present the new lesson
past lesson?

B. Establishing a purpose for the


Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Income refers to the monetary payment received by family


members for the
lesson
goods and services rendered. Usually, the income of the
family comes from
employment and/or profit from a business or commission
like in selling real state
or selling beauty products.
Expense, on the other hand, refers to the money paid by
the family for the
goods and services that they get.
With the growing economic crisis, you must master the
art of budgeting your
income and expenses to minimize its impact on you and
your family.

C. Presenting
examples/instances of the new We will learn to allocate budget for our basic and social
lesson needs.

Managing the income means allocating it wisely for the


D. Discussing new concepts and basic needs,
practicing new skills #1 education, leisure activities, and the comfortable lifestyle
of the family.
Managing can be done by budgeting. You should also
know how to manage
your family resources aside from knowing the components
of a budget.
Managing the family income includes balancing the
budget so that the
resources are distributed fairly among the many needs of
the family. All
members of the family must feel responsible for managing
family resources.
Each must strive to meet the needs of the family. If needs
are not met, each
must abide by the family’s decision, feel contented, and
make a sacrifice for
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

the sake of the family.

A budget is a plan of how one will allocate or distribute


the family income or
available money.
How important is the budget?

The budget is important because it allows you to allocate


money based on wellplanned needs. The budget likewise
shows where the money was spent.
Components or elements of 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, 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
Allocation of the 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.

• Income is the money that flows into the family to be


Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

used in exchange for


goods, services, or energy.
• The income of the family comes from the salary,
commission, bonus,
business profit, or lease of property,
• The budget is a plan of how one will allocate or
distribute the family income
or available money.

Remember: Income - Expenses= Savings


How to manage family resources efficiently
• Inform all the members of the family about the budget.
• Make adjustments to your budget as necessary. Keep
within the
amount allocated for budget items.
• Buy only things that are needed.
• Schedule your expenses.
• Follow a shopping and marketing schedule.
• Avoid making unscheduled, unplanned purchases,
especially at a
store you are not familiar with.
• Teach the children to spend their allowance wisely.

• Conserve energy and other utilities.


• Recycle or reuse materials.
• Repair appliances and furniture as needed.
• Take good care of your belongings.
• Buy products that are good quality and reasonable
price.
• Develop the habit of walking short distances.

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
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

movies.
Savings - the amount set aside or deposited in the bank.

Factors affecting the family budget


1.Amount of income- the higher the income of the family,
the greater the amount
that the family members can spend on 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
on what is most important
and immediate needs, food, shelter, clothing, education,
and utilities are some of the
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, schooling,
clothing, 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. The needs and wants of the family-needs are materials
that 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 desire to
have. They can postpone if the budget is not enough, but
they can purchase if the
budget allows it. Jewelry, new dresses, cell phones, and
other electronic gadgets,
appliances, and cars are some of the wants most families
would like to buy.

E. Discussing new concepts and Needs and Wants


practicing new skills #2 Our needs and wants to motivate us to work hard. They
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

encourage and inspire


us to get involved in productive endeavors that will help
our families live better.
It is important for family members to distinguish clearly
their needs from their
wants. In family budgeting, we must prioritize our needs
and not wants.

Every member must also know how family income is


budgeted. Trough
budgeting, family members, learn to spend money wisely,
thus, saving money
which could be used for other family needs.
There are great benefits when the whole family is involved
in managing its own
resources by checking and counterchecking the progress
in planning and
management implementation. It enhances unity and
cooperation among family
members.

You should also know how to manage your family


resources aside from
knowing the components of a budget. Knowing how to
make the most of available
resources is a characteristic of a good home manager.
Managing the family income
includes balancing the budget so that resources are
distributed fairly among the
many needs of the family.

Directions: Match the elements in column A with its


F. Developing Mastery definition in column B. Write your
answer on the space provided.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Ask your parents how much is their total income for the
month. By following the given percentage on the table
given above, make a monthly family budget. Write it in
your notebook.

G. Finding practical applications


of concepts and skills in daily
living

1. What is income? Budget?


H. Making generalizations and 2. Why do we need to budget the income of the family?
abstractions about the lesson 3. What are the basic considerations in making a family
budget?

I. Evaluating learning Mr. Mangindo has an income of ₱ 20, 000.00 per month
allocated budget for his family
needs. If you are Mr. Mangindo, how are you going to
spend your money given the following
expenses with the exact total amount of money?

Directions: Compute and fill in the allocated amount in


the blank table below.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

J. Additional activities for


application or remediation
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

School: Solis Elementary School Grade Level: Six


Teacher: Annaliza S. Maya Learning Area: TLE
Date and Time: November 11, 2022 Quarter: Second
8:50 – 9:40

I. OBJECTIVES
Applies knowledge and skills, and develops one’s interest
A. Grade Level Standard
in animal/ fish raising

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
B. Learning Competencies moral obligations
(birthdays, baptisms, etc.),
family activities, school

TLE6HE-0b-3

Manages family resources applying the principles of home


C. Objectives management.

ALLOCATION OF BUDGET FOR BASIC AND SOCIAL


II. CONTENT NEEDS

III. LEARNING RESOURCES


I. References K to 12 MELC p 411

17. Teacher’s Guide pages SLM/PIVOT MODULES/ADM


18. Learner’s Materials
Pages
19. Textbook pages
20. Additional materials
from learning
Resource (LR) Portal
J. Other Learning Resources
IV. PROCEDURES

Recall past lesson.


A. Drill, review previous lesson
What are the sources of family income discussed in our
or present the new lesson
past lesson?
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

Income refers to the monetary payment received by family


B. Establishing a purpose for the
members for the
lesson
goods and services rendered. Usually, the income of the
family comes from
employment and/or profit from a business or commission
like in selling real state
or selling beauty products.
Expense, on the other hand, refers to the money paid by
the family for the
goods and services that they get.
With the growing economic crisis, you must master the
art of budgeting your
income and expenses to minimize its impact on you and
your family.

C. Presenting
examples/instances of the new We will learn to allocate budget for our basic and social
lesson needs.

Managing the income means allocating it wisely for the


D. Discussing new concepts and basic needs,
practicing new skills #1 education, leisure activities, and the comfortable lifestyle
of the family.
Managing can be done by budgeting. You should also
know how to manage
your family resources aside from knowing the components
of a budget.
Managing the family income includes balancing the
budget so that the
resources are distributed fairly among the many needs of
the family. All
members of the family must feel responsible for managing
family resources.
Each must strive to meet the needs of the family. If needs
are not met, each
must abide by the family’s decision, feel contented, and
make a sacrifice for
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

the sake of the family.

A budget is a plan of how one will allocate or distribute


the family income or
available money.
How important is the budget?

The budget is important because it allows you to allocate


money based on wellplanned needs. The budget likewise
shows where the money was spent.
Components or elements of 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, 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
Allocation of the 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.

• Income is the money that flows into the family to be


Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

used in exchange for


goods, services, or energy.
• The income of the family comes from the salary,
commission, bonus,
business profit, or lease of property,
• The budget is a plan of how one will allocate or
distribute the family income
or available money.

Remember: Income - Expenses= Savings


How to manage family resources efficiently
• Inform all the members of the family about the budget.
• Make adjustments to your budget as necessary. Keep
within the
amount allocated for budget items.
• Buy only things that are needed.
• Schedule your expenses.
• Follow a shopping and marketing schedule.
• Avoid making unscheduled, unplanned purchases,
especially at a
store you are not familiar with.
• Teach the children to spend their allowance wisely.

• Conserve energy and other utilities.


• Recycle or reuse materials.
• Repair appliances and furniture as needed.
• Take good care of your belongings.
• Buy products that are good quality and reasonable
price.
• Develop the habit of walking short distances.

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
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

movies.
Savings - the amount set aside or deposited in the bank.

Factors affecting the family budget


1.Amount of income- the higher the income of the family,
the greater the amount
that the family members can spend on 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
on what is most important
and immediate needs, food, shelter, clothing, education,
and utilities are some of the
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, schooling,
clothing, 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. The needs and wants of the family-needs are materials
that 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 desire to
have. They can postpone if the budget is not enough, but
they can purchase if the
budget allows it. Jewelry, new dresses, cell phones, and
other electronic gadgets,
appliances, and cars are some of the wants most families
would like to buy.

E. Discussing new concepts and Needs and Wants


practicing new skills #2 Our needs and wants to motivate us to work hard. They
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

encourage and inspire


us to get involved in productive endeavors that will help
our families live better.
It is important for family members to distinguish clearly
their needs from their
wants. In family budgeting, we must prioritize our needs
and not wants.

Every member must also know how family income is


budgeted. Trough
budgeting, family members, learn to spend money wisely,
thus, saving money
which could be used for other family needs.
There are great benefits when the whole family is involved
in managing its own
resources by checking and counterchecking the progress
in planning and
management implementation. It enhances unity and
cooperation among family
members.

You should also know how to manage your family


resources aside from
knowing the components of a budget. Knowing how to
make the most of available
resources is a characteristic of a good home manager.
Managing the family income
includes balancing the budget so that resources are
distributed fairly among the
many needs of the family.
F. Developing Mastery Directions: Identify the following word (s) that is being
referred to the statement. Choose your
answer inside the box and write on the space provided.
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

_________1. Refers to family outings, outside dining, and


watching movies.
_________2. Refers to medicine and check-up.
_________3. Refers to tuition fees, books and daily foods.
_________4. Refers to uniforms, clothes and accessories.
_________5. Refers to groceries, raw and cooked food.

Ask your parents how much is their total income for the
month. By following the given percentage on the table
given above, make a monthly family budget. Write it in
your notebook.

G. Finding practical applications


of concepts and skills in daily
living

1. What is income? Budget?


H. Making generalizations and 2. Why do we need to budget the income of the family?
abstractions about the lesson 3. What are the basic considerations in making a family
budget?

Directions: Based on your family income, allocate


monthly budget for the following elements/ expenditures
by writing your answers in the blank columns below.

I. Evaluating learning

J. Additional activities for


application or remediation
Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OF BATANGAS
DISTRICT OF BALETE
SOLIS ELEMENTARY SCHOOL
SOLIS, BALETE, BATANGAS

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