TECHNOLOGY AND

LIVELIHOOD EDUCATION
6
Home Economics
SOURCES OF FAMILY INCOME
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 Enumerate the basic and social needs of man
food To be appreciated

shelter To be recognized

clothing achievements

water To be respected

air To be loved
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sunlight To be cared
 Did your other family members
receive a monthly income or
salary?
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 GROUP WORK

List down some other sources of

your family’s income
Write in your mania paper
Report your work
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 What is FAMILY INCOME?

Whatever is earn in the form of

money which comes in the
family.
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 What is are sources of
family income?

1. Combined Money earned by

father and mother and other
working members of the family.
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 What is are sources of
family income?

2. The total amount of money

that goes into the family
treasury at the end of the period
/ end of the month.
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 What is are sources of
family income?
3. Monthly salaries of the working
members engaged as employees in
companies or industrial
establishments or as earnings from
business owned and managed by the
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family.
 What is are sources of
family income?

Family income can be derived from one or a

combination of different sources.
1. Salaries / Wages 4. Fees from services
2. Commission 5. Pension
3. Bonus 6. Profit
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 GROUP ACTIVITY

Each group will choose one from the different

family income and give what kind of income they
get from that certain source of income.
1. Salaries / Wages 4. Fees from services
2. Commission 5. Pension
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3. Bonus 6. Profit
 What are the different sources
of family income?
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 Choose the letter of the best
answer.
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 1. It is a money earned from working as an
employees of a commercial business.
a. Services fees
b. Profit
c. Salaries
d. Commission
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 2. It is a money given as addition to a regular
income as a recognition for a number of years
of service in a company.
a. Profit
b. Bonus
c. Salaries
d. Fees from services
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 3. The money earned from selling real estate,
insurance, appliances, educational plans, and
the like.
a. Bonus
b. Profit
c. Commission
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d. pension
 4. The money earned from working as
employees of an industrial services
companies.
a. Services fee
b. Wages
c. Profit
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d. pension
 5. The money earned from catering, or baking
cakes and pastry products for friends and
acquaintances.
a. Salaries
b. Wages
c. Commission
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d. Fees from services