TLE 6 HE Week 1

6

Home Economics 6
Quarter 3 - Learning Activity Sheet 1

Managing Family Resources

LEARNING ACTIVITY SHEET
HOME ECONOMICS 6
Quarter 3: Week 1
Managing Family Resources
Name of Student: ______________________________

Learning Area: _________________________________
Subject-Grade: _________________________________
Date: __________________________________________
Introduction
Wonderful day! Welcome to a whole new week full of exciting activities

and learning surprises! Are you now ready to learn how to enumerate
sources of family income, allocate budget for basic and social need,
identify family resources and needs? So, this Learning Activity Sheet
(LAS) is best for you! Rev up now your mind to learn something new as
we start this week’s remarkable learning journey.
Before you start, read and understand first the main concepts of
our new topic this week. These concepts will help you in
answering and completing all learning tasks that you will
encounter in this LAS.
A. Family Resources
Family resources are those things that the family possess and uses
in all homemaking activities in order to achieve their goals and
aspiration in life. They are human and non-human qualities or elements
that are used to meet the needs and wants of each member of the family.
They maybe tangible or intangible. These can also be in the form
of services or properties used to produce goods or services that meet
the needs and wants of a man. Family resources can be classified into
two: the Human resources and Non- human or material resources.
1. Human Resources refers to the qualities of family members and what
they possess that contribute to their over–all human being. These human
resources are developed through education, skills, attitude, knowledge,
energy and time. Time and energy are limited resources but considered as
valuable to the family.
2. Non- Human or Material Resources are those tangible resources

available to the family that is within the house and outside the house. It
includes everything owned by the family like money, goods, house, car,
household equipment’s, and those owned by community facilitates, for
examples the barangay health center, barangay, Hall, schools, markets,
transport facilities and many more. Time, energy and money are considered
the most used resources of the family. They are human resources but
sometimes they can be considered as Non-human sources because, when a
person was hired to work the energy used in working was exchange for
money. Meaning the energy used in working can be substituted by a power
tool or machine to make work become easier and fast.
Now, what are the uses of Family resources?
Every one of us has our owned “goals” or “dreams “in life and when
we say goals it is something that we aspired to reach or achieve. Goals can
be a long term goals or a short term goals. What is important is we know
within ourselves if what is our “goals” or what we want to achieve in life.
In achieving our “goals” we need resources without family resources it

is impossible to reach whatever goals, dreams, or aspiration we had in life.
We use resources also in our daily works and undertakings. In setting
priorities and in making a wise decision we need to consider
our available resources.
Basic needs are the things required by people to be able to survive, to work
and be able to continue for a living. These are the things that we need for
survival. The basic needs of the family are the following:
a. sufficient foods
b. descent clothing
c. modest shelter
d. clean water, and
e. medicines
However, in this fast changing world that we have today People basic
needs have been expanded. The people does not only need foods, shelter,
clothing water, medicines but, they also need the following:
1. Education- people or a person have the right to learn to study in
order to have a good job and good life in the future.
2. Transportation – the need for transportation in order to go to into the
place or destination to where a person or individual wanted to go.
3. Love and care - the need to be love and care from other people and
family in order to feel the sense of emotional and social security.
Social needs refer to the need to have a relationship with others. This
is a sense of belongingness, love, affection, intimacy, family, friends
relationship, etc. Maslow considered the social stage an important part of
psychological development of a person because our relationship with others
help reduce emotional concerns such as depression and anxiety.
A. Sources of family income
1. Employment wage or salary- (work) public or private employment.

Some parents or members of the family are private or public
employees.
2. Profits from business and investments- from share of stocks,
and bonds that add income for the family. This also includes
profit made from operating business.
3. Rentals- lease from properties leased like apartment, owned real
estate properties.
4. Dividends- from investment or savings, share of stocks or from Money
marketing.
5. Pension- money came from GSIS or SSS or Veterans pension, Senior
Citizen Pension.
6. Commission or Bonus- some family income came from reward or
incentives from selling a product or properties.
7. Royalty and copyright -a member of a family got money from writing
a book, writing a song or invented of a thin.
8. Planting / Farming - vegetables farming or Rice farming can bring
income to the family even planting an ornamental plants can also be a
source of income.
9. Fishing- fishing is the common source of income of those families who
are living along the coastal areas or along the sea some are having their fish
ponds and became the source of their income.
10. Animal Raising- piggery /swine/chicken/cow/goat raising bring
money also into the families.
What is expenses?
Expenses refers to the money paid by a family for goods and services
they get or payments, or reimbursement for services rendered and goods
purchases made by a family or a person. Expenses takes money out of the
family. There are two types of expenses:
1. Fixed expenses - these are the expenses that occur regularly
within a period of time and more or less the same amount.
These are school fees, rentals, water bills, electricity bills, food
and transportation.
2. Flexible expenses- are the expenses that do not
come regularly examples expenses for clothing’s,
recreation and entertainment, donation, medical and
dental care and other emergency expenses.
B. Allocation of Budget for Basic and Social Needs
Managing a financial income of the family is quiet tough. Budgeting is

a guide in allotting the earnings of the family to where it should be. It is a
practical skill and it plays an important role in effective utilization of the
family income. All members of the family must know on how to manage the
family income because it will monitor the spending habits, spending the
money wisely and even teaches to set aside money for the unexpected
expenses. A family budget differs from one family to another. It may varies
in the income of the family, size of the family and the standard of living.
The following components must have considered in allocating the budget:
food, shelter, utilities, education, clothing, contingencies, household
operation, savings, rest and recreations and social and moral obligations.
The percentage distribution of a family budget varies from one family
to another. It depends on their priorities. Other families choose not to
include some components in family budget especially if is not applicable for
them. Take a look at the example of a family budget.
The combined total income of Mr. and Mrs. Villanueva is P40, 000.00
The family is renting a house. They have 2 college students.
To get the allotted budget for each component, do these: Multiply the
net income of the family to the percentage of allocation for each
component. Take note: To convert from a percentage to a
decimal, remove the percent sign and move the decimal point 2
places to the left (3 2 % = 0.32)
Example:
Budget for Food = Total Income of the Family x Percentage of Allocation
Budget for Food = P40, 000.00 X 0.32
Budget for Food = P12,800.00
Objectives
Now that you are more than ready to conquer this LAS, it is now
time for you to apply your understanding in enumerating
sources of family income, allocating budget for basic and
social need, identifying family resources and needs by
completing the Learning Tasks that will surely activate your
senses for maximum learning.
Learning Activities
You are required to go through a series of Learning Tasks in

order to complete this LAS. In each Learning Task, there are
questions that you need to read and understand carefully for you to
get the right answer. Let us now begin!
Learning Task 1.
Directions: Read each question carefully and answer them all by filling in
the blank with the correct resources.
___________1. Resources needed by a man in order to do his work or daily
task.
___________2. Something that we want to have or to achieve in life.
___________3. Baking, or cooking, required proper understanding of
procedures or steps to be able to come up with a good finished product.
___________4. Ideas, opinion, inclination and biases.
_____________5. The highest form of income from the salary of parents and
other member of the family.
_____________6. It is a resource that needs to be manage properly so that it
will not be wasted and become gold.
_____________7. Things that are inside our house that are durable and
perishable.
_____________8. These are the schools, barangay health centre, hospitals,
churches, transportation, market, and other facilities that can be found in
the community.
_____________9. Things that are outside the house and provide basic need of
the family.
____________ 10. The required facts and information in every activity that we
are going to do or accomplish in order to attain success.
Learning Task 2.
Directions: Enumerate at least 5 main or common sources of family

income:
1. ____________________________
2. ____________________________
3. ____________________________
4. ____________________________
5. ____________________________
Learning Task 3.
Directions: Compute the monthly allocated budget of a family with a net

income of Php45,000.00. Write your answer in the third column.
Budget Component Allocation Amount of Monthly

Percentage Budget (Php)
1. FOOD 32% Php14, 400.00
2. SHELTER 10%
3. UTILITIES 14%
4. EDUCATION 15%
5. CLOTHING 5%
6. CONTINGENCIES 8%
7. HOUSEHOLD 7%
OPERATIONS
8. SAVINGS 3%
9. REST AND 2%
RECREATIONS
10. SOCIAL AND 4%
MORAL OBLIGATIONS
Answer Key
LEARNING TASK 2
LEARNING TASK 1 Any of the following LEARNING TASK 3
can be a correct
answer.
1. Energy *Employments/work 1. Php14, 400.00
2. Goals *Profit 2. Php4, 500.00
3. Talent *Commission/Bonus 3. Php6, 300.00
4. Attitude *Rentals 4. Php6, 750.00
5. Money *Pension 5. Php2, 250.00
6. Time *Dividend 6. Php3, 600.00
7. Goods and *Animal raising 7. Php3, 150.00
Properties
8. Community *Farming/Planting 8. Php1, 350.00
Facilities
9. Environmental 9. Php900.00
Resources
10. Knowledge 10.Php1, 800.00
References
• Region 5 Self-learning Module, TLE6-HE.
Prepared by:
Ronnie F. Duron, T-III
LAMPUYANG ES

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6

Managing Family Resources

Managing Family Resources

Name of Student: ______________________________

Wonderful day! Welcome to a whole new week full of exciting activities

2. Non- Human or Material Resources are those tangible resources

Now, what are the uses of Family resources?

In achieving our “goals” we need resources without family resources it

A. Sources of family income

1. Employment wage or salary- (work) public or private employment.

Managing a financial income of the family is quiet tough. Budgeting is

You are required to go through a series of Learning Tasks in

Directions: Enumerate at least 5 main or common sources of family

Directions: Compute the monthly allocated budget of a family with a net

Budget Component Allocation Amount of Monthly

• Region 5 Self-learning Module, TLE6-HE.

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