Managing Family Resources

Rice, coffee, bread

• food

• shelter

• clothing

• health

Underwears, jackets, t-shirts

• savings

• education

• clothing

• health

Doctor’s fee, medicines, laboratory tests

• education

• food

• savings

• health

Deposits, investments, insurance

• clothing

• utilities

• savings

• recreation

Field trip, swimming, outing

• shelter

• food

• health

• recreation

Buy your needs first before anything else.

• True

• False

Budget is a plan for spending only.

• True

• False

Balance your income and expenditure.

• True

• False

Cell phones, books, computers and laptops are basic items that one needs from day to day.

• True

• False

One important consideration in making a list of expenditures is to know your priorities.

• True

• False