La Consolacion College – Caloocan

496 A. Mabini St. 10th Ave., Caloocan City

MODULE 3.2
HOME ECONOMIC AND LIVELIHOOD EDUCATION
Name:
Grade & Section:
I. Learning Activities:
A. Identify your needs and wants. List down your needs and wants on

NEED
each petal.

2
1 S
6

5
4

1 WANT
S3

4
5
B. Answer the information below.

Components of
Family Budget

5 EXAMPLES FOR EACH TYPES OF SPENDING

SPENDING FOR COMFORTABLE LIVING

SPENDING FOR MAJOR PURCHASES

SPENDING FOR SAVINGS

SPLURGE SPENDING
VI. Assessment:

A. Interview your parents or guardian about how they budget your family
resources. List down the family resources for the week. Identify if it is need
or want and put a check on the box. Indicate the amount and total the needs
and wants for the week (WORKSHEET 1).
GUIDE QUESTION:
1. Which is more visible resource in your family budget the needs or wants
of the family? Why?
2. What is your conclusion about the result of your interview and information
gathered?

CONCLUSION

B. Given the information you gathered. Prepare a new feasible and practical
budget for your family based on your interview and result from worksheet 1
for your family. Please refer to your book – Learning and living to 21st
Century page 193 for sample of Family Budget.
Guide Question:
1. What are the family resources that you would like to add or remove from
your family budget?
2. What is your priority in doing your Family Budget?
3. How can you make your family budget feasible and practical?
4. In this time of pandemic, do you still consider to add the wants of your
family members? Why?
 WORKSHEET 1
FAMILY RESOURCES FOR THE WEEK
NEEDS (AMOUNT) WANTS(AMOUNT)
MONDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

TUESDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

WEDNESDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

THURSDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

FRIDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

SATURDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

SUNDAY
__________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________
__________________________ __________ __________

TOTAL AMOUNT:
Feasible and Practical FAMILY BUDGET
 Rubrics in Evaluating for the following:
Family Resources for the week
Conclusion and;
Feasible and Practical Family Budget

CRITERIA 5 4 3
Contents The information/ The information/ The information/
sentences clearly sentences nearly sentence did not
discussed the discussed the discuss the
answers answers answers
Time The task finished The task finished The task finished
Management before the time one minute after two minutes after
allotted the time allotted the time allotted
Output The output is The output is The output is not
clear and clear but not clear and not
organized organized organized
Word choice/ The essay uses The essay uses The essay uses
idea (FOR precise, vivid and some descriptive ordinary terms
CONCLUSION descriptive words words
ONLY)
Spelling There are no or There are spelling Most of the terms
(FOR very few spelling errors are spelled
CONCLUSION errors incorrectly
ONLY)