TECHNOLOGY AND 6

LIVELIHOOD
EDUCATION
 MODIFIED SIM

TECHNOLOGY AND
LIVELIHOOD
EDUCATION VI
MANAGING FAMILY
RESOURCES

WEEK 2
Development Team of the Modified Strategic Instructional Material

Writers: Leilanie M. Narido - MT-1 / Santiago ES, Lubao West District

Editor : Maria Carmen M. Evangelista / Education Program Supervisor
EPP/TLE/TVL/EsP
Layout Artist: Alzien S. Malonzo – MT-1 / Senior High School in Apalit (Stand Alone 1)
Jerel A. Usi – T-1 / San Nicolas ES, Masantol North District

Management Team:
Zenia G. Mostoles, EdD, CESO-Schools Division Superintendent
Leonardo C. Canlas, EdD-Assist. Schools Division Superintendent
Rowena T. Quiambao, Assist. Schools Division Superintendent
Celia R. Lacanlale, PhD, Chief, CID
Maria Carmen M. Evangelista – EPS – EPP/TLE/TVL/EsP
Ruby M. Jimenez, PhD, EPS-LRMS
June D. Cunanan, ADM Division Coordinator
 GUIDE CARD
What I Need to Know

Hello Kids! My name is Mrs. Budget. They call me Mrs.

Budget because I am great in managing the budget of my
family. My mission is to teach you on how to allocates budget
for basic and social needs.
Are you ready to learn about it? So let’s start learning
while enjoying. Come on….

Yes, we
are ready
and very
much
excited to
learn.

Yes, we are
ready.

Learning Competencies: Allocates budget for basic and social needs

such as:
1.3.1 food and clothing
1.3.2 shelter and education
1.3.3 social needs: social and moral obligations (birthdays,
baptisms, etc.), family activities, school affairs
1.3.4 savings/emergency budget (health, house repair)
TLE6HE-0b-3
1.4 Prepares feasible and practical budget
1.4.1 manages family resources efficiently
1.4.2 prioritizes needs over wants
TLE 6HE-0b-4

What I Know Budget Allocation of P 18,000

Monthly Family Income
1
Let’s see if you can
figure out what is in the
chart.
 SAVINGS 7 %
CLOTHING

8%

UTILITIES 10 % FOOD 40 %

HOUSING 15%

EDUCATION 20 %

1. What is the graph all about?

2. How much is allotted for food?
3. How much is allotted for education?
4. Which has the highest amount

Nice try kids! We allocated?

can now continue our
5. Which has the least amount allocated?
activities.

What’s In

Now, let’s identify the following if they are basic or

social needs.

___________1. Family outings

___________2. Food
___________3. Shelter
___________4. Watching movies
___________5. Clothing
___________6. Education

Great job kids! I’m happy that you were able to

determine the basic and social needs that we had discussed
in the previous lesson. These needs have connections to our
new lesson.

ACTIVITY CARD

What’s
What’sNew
New
2
 Its twenty
pesos, Mrs.
Oh! That’s Budget.
very good
Dina. But, not
all the time your
parents can give I bought
you baon. So, it burger for
is 10.00 and
important to buko juice for
budget your 10.00 also.
money so that
you will not get
hungry in
school.

I will, Mrs.
Budget. But, how?
Can you teach me?
Sure, Dina.
It’s my pleasure to
teach you.

What Is It

Before we proceed, you

must remember the following.
3
 A budget is the amount of
money set aside for planned
% of Budget expenses. It is a plan specifying how
Item Amount
Allotted much money will be spent or allocated
Food 40 during a particular period. Budgeting is
10,000.00
related to the wise use of family
Education 16 4,000.00
resources. It is based on the system by
Shelter 15 3,750.00
which wages or salaries are received
Utilities 12 3,000.00
and how these are to be spent by
Household itemizing the needs of the family and
6 1,500.00
Operation how much money is needed to meet
Clothing 3 such needs.
750.00
Recreation 3 750.00
Savings 5 1,250.00
Total 100 25,000.00

The Components or elements of a family budget are:

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.

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.

Here is a sample of monthly budget

with a monthly income of Php 25, 000.00
for family members of four.

4
 To solve for the percentage, multiply the percent (%) of budget
allotted to the total monthly income of the family.
Example. 25,000
X .40
₱ 10,000.00
To solve for the percent (%) of budget allotted, divide the amount allocated to
the total monthly income of the family, then multiply by 100.
Example: 10,000.00
25,000.00
X 100 = 0.4 X 100 = 40

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.
 Choose a simple lifestyle that you can sustain with your earnings.
 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 of good quality and reasonable price.
 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 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
5
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
 ENRICHMENT CARD

What’s More
Yes, we are.

Let’s now start our

activities. Are you
excited?

GUIDED ACTIVITY 1
6
 How can you help in the effective
implementation of your family budget? Draw a
if the statement shows proper allocation of budget
and if it is not

_____ 1. I save a part of my daily allowance for future

use.
_____ 2. I buy things even they are not allotted in the
budget.
_____ 3. I stick to my market list when buying.
_____ 4. I recycle my used notebooks, pens, etc. so that I
can use it again.
_____ 5. I always buy new clothes.
_____ 6. I avoid buying unnecessary things, like toys, if
they’re out of the budget.
_____ 7. I buy unlabeled canned goods with dents and
scratches to save money.
_____ 8. I always wash my hands before and after
eating to avoid sickness and buying
expensive medicine.
_____9. I switch off the lights, TV, and electric fan if it is
not being used.
_____10. I find some income-generating activity like
selling bottles of ketchup, soy sauce, old
newspaper, etc. in junk shop.

Good job kids! I’m happy that you know how to help
in saving for your family budget. We can now proceed
to our next activity.

GUIDED ACTIVITY 2
Identify the
components of a
family budget. ______1. Underwears, jackets, t-shirts
______ 2. House repair, house rental, amortization
______ 3. Rice , coffee, bread
______ 4. Salary of workers, water bills telephone bill
______ 5. Deposits, investments, insurance
______ 6. Tuition fees, notebooks, school bag
______ 7. Fruits, vegetables, fish
______ 8. Field trip, swimming, outing
______ 9. Electric fan, dining set, kitchen wares
______ 10. Doctor’s fee, medicines, laboratory tests

You are awesome! You

really understand our lesson.

INDEPENDENT ACTIVITY 1 7

Write TRUE if the statement is correct about managing

Monthly Income Php

EXPENSES Amount %

Food

Housing

Education
Services (water,
electricity,
telephone,
cable,
internet)

Clothing

Savings
INDEPENDENT ACTIVITY 2
Recreation
Interview your parent, about
Totalyour family budget. Fill in the chart
with the data collected. Make
sure to solve for the percentage of the
budget allotment.

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 You did a great job kids!
I think you really are
enjoying our activities.

REFLECTION CARD

What I Have Learned

Answer the following

questions briefly.

1. Why is there a need to budget

the income of the family?
2. What are the components of a
family budget?
3. How can we manage family resources
efficiently?

4. Differentiate
9 needs from wants and give
examples.
 What I Can Do

Arrange the following according to your needs.

Arrange them from the highest to the lowest amount of
family budget .

1. Utilities
2. Savings
3. Clothing
4. Recreation
5. Household Operations
6. Food
7. Health
8. Education
9. Shelter

1. ______________________
10
2. ______________________
3. ______________________
ASSESSMENT CARD

A. Identify what is
described in the statement.

_________1. It refers to medicines and check-ups.

_________2. It is the amount of money set aside for planned
expenses .
_________3. It refers to electric, water, and
telephone bills, gas, salaries of helpers
_________4. It refers to uniforms, clothes, and
accessories .
_________5. It refers to the amount set aside or
deposited in the bank.
_________6. It refers to wise use of family resources.
_________7. It refers to family outings, outside dining,
watching movies.
_________8. It refers to tuition fees, books, daily food,
transportation allowance of children.
_________9. It refers
11 to groceries, raw and cooked food,
staples, condiments, and spices.
________10. It refers to things needed in the house,
 B. Prepare a monthly family budget
using 20,000 as the total income .

% of Budget
Item Amount
Allotted

Food

Education

Shelter

Utilities

Household
Operation

Clothing

Recreation

Savings

Total

You’ re really amazing! I’m glad you

12
fully understand our lesson. You did a great
job!
 REFERENCE CARD
 Books

Gloria A. Peralta, Ed.D., et.al., Life Skills Through TLE 6,

Vibal Group, Inc., 2016.
Juanito S. Dela Rosa, et.al., Technology and Livelihood
Education 6, The Library Publishing House Inc., 2017.
Lory C. Balaoing, et.al., Fun with HELE 6, Abiva Publishing
House, Inc.,
 Photos

Google art

13
ANSWER CARD
What I Know What’s In Enrichment Card
1. Budget Allocation of 18,000 1. Social Needs 4. Basic Needs Guided Activity 1
Monthly Family Income 2. Basic Needs 5. Basic Needs
2. 7,200.00 3. Social Needs 6. Basic Needs
3. 3,600.00 1. 6.
4. Food
5. Savings
2. 7.

3. 8.

4. 9.

5. 10.

Enrichment Card Enrichment Card Enrichment Card

Guided Activity 2 Independent Activity 1 Independent Activity 2

1. Clothing 6. Education 1. True 6. False Pupils have different answers

2. Shelter 7. Food 2. True 7. True based on their interview
3. Food 8. Recreation 3. False 8. True
4. Utilities 9. Household Operations 4. True 9. False
5. Savings 10. Health 5. False 10. True

What I Can Do ASSESSMENT CARD ASSESSMENT CARD

A. B.
Pupils have different answers 1. Health 6. Budgeting Pupils have different
based on their family 2. Budget 7. Recreation answers based on the
resources. 3. Utilities 8. Education percentage based on the
4. Clothing 9. Food allotted amount of the
5. Savings 10. Household Operations budget they gave.