The document consists of a pre-test on proper budgeting, including questions about allocating family income, managing savings, and understanding needs versus wants. It emphasizes the importance of budgeting for family expenses and provides multiple-choice questions related to family financial management. Additionally, it offers tips for efficiently managing family resources and prioritizing needs over wants.

1. TLE
Q1 MODULE 2
Proper Budgeting

2. PRE-TEST
Directions: Answer the following questions in a
separate sheet of paper.
Write the letter and word of the correct answer.
1. What is the bigger share in allocating your
family income?
A. Clothing C. Food
B. Education D. Shelter

3. 2. Which of the following does not show good
family income management?
A. Set the family guidelines for spending
monthly income
B. Members of the family must strive to meet its
needs
C. Spend all your income for the whole month
D. Certain amount should be saved regularly

4. 3. Gonzales Family’s budget is P25,000.00 a
month. If they allot 35% of their budget for their
food, how much money will they spend?
A. P8,850.00 C. P8,950.00
B. P8,750.00 D. P9,950.00
4. If the eldest son is in college and spends
25% on his education, how much should
be allotted? (Family Income: P 25,000.00)
A. P6250.00 C. P6450.00
B. P6350.00 D. P 6,550.00

5. 5. Mrs. Adelia went to the supermarket to buy
supplies for their daily needs such as toiletries
and laundry soap. If her budget is P 32,000.00
in a month and they allocate 10% for it, how
much will she spend?
A. P 3,200.00 C. P 3,400
B. P 3,300.00 D. P 3,500.00
6. What do you call the wise use of family
resources?
A. Budgeting B. Needs C. Savings D. Wants

6. 7. It is something that we should have to survive
like food, shelter, and clothing.
A. Budget C. Savings
B. Needs D. Wants
8. Which of the following is an example of
human Needs?
B. Car C. Gadgets
B. Food D. Travel

7. 9. This component of family's budget includes
bill such as water, electric, telephone, &
internet.
A. Health Needs C. Savings
B. Leisure D. Utilities
10. It is something that people desire to have
like jewelry, a laptop, new car.
C. Budget C. Savings
B. Needs D. Wants

8. Allocation of Family Budget
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
month.
Budgeting is related to the wise use of family
resources.

9. 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 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 on what is
most important and immediate needs.

10. 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
especially when family members are still young
and growing up, the more expenses are
needed.

11. 3. Needs and wants of the family
Needs are materials that family members need
to survive. Food, shelter, and clothing are basic
needs. Wants are materials that the family
members desire to have like jewelry, laptop,
new car. Remember to prioritize first the needs
of the family before the wants.

13. 4. Values of the family – different families and
different individuals have different values, so
they have different priorities on how to spend
their money.

15. Tips for managing family resources efficiently
1. Inform all the members of the family about the
budget.
2. Adjust your budget, as necessary. Keep within
the amount allocated for budget items.
3. Choose a simple lifestyle that can be
sustained with your earnings.
4. Buy only things that are needed.

16. 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.

17. 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.

18. What I Can Do
A. True or False: Write True if the statement is
correct and False if not.
1. Needs are those things that a family needs to
survive on a day-to-day basis
2. Cell phones, laptops, and computers belong
to the basic needs of the family
3. Buy your needs first before anything else.
4. A budget is a plan for spending only.
5. Needs first before wants.

19. B. Identify each picture below. Tell if it is a Need or a
Want of the family.

20. Assessment
Directions: Write the letter and word of the
correct answer.
1. It is something that people desire to have
like jewelry, laptop, new car.
A. Budget B. Needs C. Savings D. Wants
2. What do you call the wise use of family
resources?
A. Budgeting B. Needs C. Savings D. Wants

21. 3. It is something that we should have to survive
like food, shelter, and clothing.
A. Budget B. Needs C. Savings D. Wants
4. Which of the following is an example of human
Needs?
A. Car B. Food C. Gadgets D. Travel
5. This component of the family's budget includes
water, electricity, telephone, & internet.
A. Health Needs B. Leisure C. Savings D. Utilities

22. 6. What do we call the bigger share in allocating
your family income?
A. Clothing B. Education C. Food D. Shelter
7. Which of the following does not show good
family income management?
A. Set the family guidelines for spending monthly
income
B. Members of the family must strive to meet its
needs
C. Spend all your income for the whole month
D. Certain amount should be saved regularly

23. 8. Gonzales Family’s budget is P25,000.00 a
month. If they allot 35% of their budget for their
food, how much money will they spend?
A.P8,850.00 C. P8,950.00
B. P8,750.00 D. P9,950.00
9. If the eldest son is in college and spends 25%
on his education, how much should
be allotted? (Family Income: P 25,000.00)
A. P6250.00 C. P6450.00
B. P6350.00 D. P 6,550.00

24. 10. Mrs. Adelia went to the supermarket to buy
supplies for their daily needs such as toiletries
and laundry soap. If her budget is
Php 32,000.00 in a month and they allocate 10%
for it, how much will she spend?
A. P 3,200.00 C. P 3,400
B. P 3,300.00 D. P 3,500.00