6

NOT

Technology and Livelihood

Education
Quarter 2 – Module 1
Family Resources and Needs
and
Sources of Family Income

Department of Education ● Republic of the Philippines

Home Economics - Grade 6
Alternative Delivery Mode
Quarter 2 –Module 1
First Edition, 2020

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Published by the Department of Education – Division of Tangub City

Schools Division Superintendent: Agustines E. Cepe,CESO V

Development Team of the Module

Author: Antony Gil M. Rodriguez

Reviewers: Jean P. Bagood, Ferlita I. Legaspi, Mary Jean B. Sarte
Illustrator and Layout Artist: Benjamin Berenguel
Management Team
Chairperson: Agustines E. Cepe, CESO V
Schools Division Superintendent

Co-Chairperson: Lorena P. Serrano, CESE

Assistant Schools Division Superintendent

Members Carmelita A. Jubay-CID Chief

Porferio A. Mosiquera, EPS-TLE
Gina L. Mandawe, EPS -LRMS
Marilou S. Galvez, PDO II
Binepie M. Tapao, Librarian II

Regional Evaluator: Gee Van Troy S. Ensendencia, Lanao del Norte Division

Printed in the Philippines by

Department of Education – Division of Tangub City
Office Address: Anecito Siete Street, Mantic, Tangub City
Telefax: (088) 395-3372
E-mail Address www.depedtangub.net

2
 6
Home Economics
Quarter 2 – Module 1
Family Resources and Needs
and
Sources of Family Income

This instructional material was collaboratively developed and

reviewed by educators from public and private schools, colleges, and
or/universities. We encourage teachers and other education stakeholders to
email their feedback, comments, and recommendations to the Department of
Education at action @deped.gov.ph.

We value your feedback and recommendations.

FAIR USE AND DISCLAIMER: This SLM (Self Learning Module) is for educational
purposes only. Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand
names, trademarks, etc.) included in this module are owned by their respective copyright
holders. The publisher and authors do not represent nor claim ownership over them.
Sincerest appreciation to those who have made significant contributions to this module.

Department of Education ● Republic of the Philippines

3
 Table of Contents

How to Learn from this Module ........................................................................................ ii

Icons of this Module ........................................................................................................... ii

Lesson 1:
Family Resources and Needs ............................................................................... 1
What I Need to Know ....................................................................... 1
What ‘s New ..................................................................................... 1
What Is It ......................................................................................... 4
What’s More .................................................................................... 5
What I Have Learned ....................................................................... 7
Assessment ..................................................................................... 7

Lesson 2:
Sources of Family Income..................................................................................... 9
What I Need to Know ....................................................................... 9
What’s New .................................................................................... ..9
What Is It ....................................................................................... ..12
What’s More ................................................................................... ..13
What I Have Learned….…………………………………………………14
Assessment .................................................................................. ..15
Key to Answers ................................................................................................... ..16
References ......................................................................................................... ..22

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How to Learn from this Module
To achieve the objectives cited above, you are to do the following:
• Take your time reading the lessons carefully.
• Follow the directions and/or instructions in the activities and exercises diligently.
• Answer all the given tests and exercises.

Icons of this Module

What I Need to This part contains learning objectives that

Know are set for you to learn as you go along the
module.

What I know This is an assessment as to your level of

knowledge to the subject matter at hand,
meant specifically to gauge prior related
Knowledge
What’s In This part connects previous lesson with that
of the current one.

What’s New An introduction of the new lesson through

various activities, before it will be presented
to you

What is It These are discussions of the activities as a

way to deepen your discovery and under-
standing of the concept.

What’s More These are follow-up activities that are in-

tended for you to practice further in order to
master the competencies.

What I Have Activities designed to process what you

Learned have learned from the lesson

What I can do These are tasks that are designed to show-

case your skills and knowledge gained, and
applied into real-life concerns and situations.

ii

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 Lesson

1 FAMILY RESOURCES AND NEEDS

Objective:
Identifies family resources and needs (human, material, and
nonmaterial)
(Code: TLE6HE0a-1)

1..Human Resources
Family resources as humans possess energy, time, and skills. It is important to
remember that energy, time, and skills are considered intangible resources and
limited. Every member of the family who can contribute his/her time, effort, skills,
strength, and expertise through services or work is considered a family’s human
resources.
1.1 Capabilities, Intelligence, and Skills
Every person has his or her unique ability and intelligence in a way that improves
not only himself or herself but also others. It is important to identify the talents and
skills that each person has and utilize them for the common good for society.
1.2 Strength/Energy
A person’s strength/energy does not only mean having good health and a strong
body. It also means having emotional stability, mental alertness, and having a
reasonable commitment and positive outlook in life, especially in work that improves
self and society. Strength is also needed to accomplish tasks on time to play,
entertain, and relax with the family afterward.

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 Therefore, a person who contributed his/her time, skills, strength/energy,
expertise, talent, capabilities, and intelligence is considered part of human resources.
This human resources can be enhanced and developed by attending seminars, having
a healthy lifestyle, watching the news, perform the skills always.
2. Material Resources
Family resources as materials are things that can be bought and owned through
the use of money. House and lot, furniture and appliances, jewelry, automobiles,
and cash are examples as the family’s material resources. Material resources are also
called tangible resources.
Tangible resources can be monetary or non – monetary. Monetary is in the form
of cash and bank deposits while non-monetary resources are things that someone
owns.
Every family must invest wisely in material resources, making sure that they
consider quality, durability, and appreciation value when choosing what to purchase.
Some material resources increase in value over time like real properties and jewelry
while the value of furniture, appliances, and automobiles goes down as they get old
and worn out.
Non-monetary material resources are valuable too because they can be sold for
a certain amount of cash.

3. Non-material Resources

Time, health, and experience are examples of non-material resources. Non-

material resources are also called intangible resources. Even non-material resources
are intangible resources still they are very important. These resources help the family
to perform their duties and responsibilities at home, in school, and at work. Without
these non-material resources, it is impossible to perform human’s duties and
responsibilities.

3.1 Time
Time is very important. This is the resource that cultivates cooperation, the
fulfilment of the prescribed duties, and the smart maintenance of homes. This is used
to start and finish the work without giving a burden to the body or resentment to the
person.

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3.2 Health
The health of family members is important. The popular saying “health is wealth”
is very true to an individual. When family members are in good health, they can do
their duties without delay.

3.3 Experience
The more experience a family member has, the more he or she will get hired.
He/she will be paid a good amount for his or her services. Experience is the best
teacher because through job experience the more the worker learned from his / her
job. So, job or work experience is an important non-material resource to have.
Time / Energy management
Some works require only a little time and energy to accomplish. Proper
scheduling of the different activities as managing the time will help lessen the
unnecessary labor. It helps speed up work and reduces stress.

Activity 1.1
Directions: Underline the human resources examples inside the box. Write your
answer on your activity sheets.

time effort skills jewelry

skills strength expertise house

Activity 1.2
Directions: Choose the material resources examples inside the box. Write your
answer on the space provided.

jewelry skills cash

lot house vehicles

1. ______________________
2. ______________________
3. ______________________
4. ______________________
5. ______________________

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Activity 1.3
Directions: Encircle the nonmaterial resources examples inside the box. Write your
answer in your activity sheets.

time jewelry vehicles experience

lot health effort house

Multiple Choice:
Directions: Encircle the letter of the correct answer. Write your answer on your
activity sheets provided.

1. What is human resources?

a. It is the monetary form of resources.
b. It is the tangible resources contributed by the members of the family.
c. It is the handling of employee relations, payroll, benefits, and training.
d. It is the contributed service or work of the family-like time, effort, skills,
strength, and expertise.
2. What family resources can be enhanced and developed by attending seminars,
reading, etc?
a. Human Resources
b. Material Resources
c. Non – Material Resources
d. Tangible Resources
3. Which of the following is a nonmaterial resources?
a. Appliances, jewelry, and cash
b. Time, health and experience
c. Capabilities, intelligence, and skills
d. House and lot

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 4. What family resources are in the form of cash and bank deposits?
a. Tangible resources
b. Intangible Resources
c. Monetary resources
d. Non-monetary resources
5. What is the other term of intangible resources?
a. Human resources
b. Material resources
c. Salary resources
d. Non-material resources

Directions: Fill - in the diagram below according to family resources and need. Write
your answer in the space provided.

5
 Family Resources and Needs

Human Material Nonmaterial

1. strength 1. time
1. House and lot

2. 2. 2.

3. 3. 3.

4. 4.

5. 5.

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Fill in the blanks
Directions: Choose the appropriate word inside the box to complete the thought of
every sentence.

human resource energy, time, and skills material resources

1. ___________________ is the effort, time, skills, strength, and expertise contributed
non-monetary Time experience
by a person who can able to work.
1.___________________________is the effort, time, skills, strength, and
expertise contributed by a person who can able to work.

2. ___________________ are considered as intangible resources and limited.

3. ___________________ are things that can be bought and owned through the
use of money.
4. ___________________ material resources are valuable too because they can
be sold for a certain amount of cash.
5. ___________________ fulfills the prescribed duties, and smart maintenance
of homes.

Identification
Directions: Identify the following statement that illustrates family resources and
needs. Write Human if the statement illustrates as human resources, Material if the
statement illustrates as material resources and Nonmaterial if the statement illustrates
as nonmaterial resources. Write your answer on your activity sheet.

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____________1. Real properties and jewelry increase in value over time.

___________2. Proper scheduling of the different activities as managing the time will

help lessen the unnecessary labor.

___________3. Another term of material resources is tangible resources.

___________4. Time is used to start and finish the work without giving a burden to

the body or resentment to the person.

____________5. Jewelry is a tangible resource that the value increases over time.

____________6. Strength is important to accomplish certain task.

____________7. Health of family member is very important in order to perform

duties without delay.

____________8. Energy is important in performing duties.

____________9. The more experience of a family member has, the more he or she

will get hired.

___________ 10. Capabilities of an individual is very important in improving the

common Good of society.

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 Lesson
SOURCES OF FAMILY INCOME
2

Objective:
Enumerates sources of family income (Code: TLE6HE-0a-2)

The money that is received regularly by an individual, for providing goods or

services, earnings from labor, business, or investments is called income. A family
could have one or more sources of income. The total income earned by all the
members of the household is called family income.

SOURCES OF FAMILY INCOME

a. Salary

This is the payment made to the employee for services or work rendered. It is given
regularly, either every fifteen days or every week.

b. Profits earned from a business

A family business is another common source of family income. Profit is made by
selling services or goods at a markup.

c. Commissions, bonuses or honoraria

Commissions are a common source of income for those engaged in sales.

Commission is a fee paid to an agent or salesperson for enabling the sale of a service
or product. Salespeople do not usually have a large salary; their commission allows

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them to earn significantly higher depending on the number of sales they make.
Commission is usually computed as a percentage of the gross amount of the product
or service sold which is why the opportunity to earn higher is possible.

d. Rentals from owned properties

If a family owns land real estate property, they can lease it or rent it out to earn
income. For example, a family may purchase a condominium unit to have it leased or
rented out.

e. Pension

This is a fixed sum paid regularly to a person. In most cases, the government pays
a pension to veterans and senior citizens who have retired and had been active paying
members in a security fund, such as the Social Security System (SSS) or the
Government Service Insurance System (GSIS).

f. Dividends from stock holdings

If a person invests money in stocks or investments, this money will earn dividends
payable at certain periods.

g. Savings or interests in savings

Money in the bank will earn interest at a minimal amount. Savings that are invested
in some enterprises can grow money more, such as in variable life insurance.

Types of family income

1. Money Income
2. Real Income
3. Psychic Income

1. Money Income is maybe in the following forms:

Money income which provides additional comforts enjoyed by the family.
1.a. Rent of the house and real estate
1.b. Sick Benefits Medical Allowances
1.c. Gift, dividends, securities, royalties, etc
1.d. Wages Daily, weekly or monthly wages
1.e. Interest of the capital deposited in banks

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 1.f. Projects Profits from investment either in business or any other sources.
1.g. A monthly salary of all the members who are doing government or private
services.
1.h. Money from pension received by retired persons, old age widow and other
Pensioners
2. Real Income of the family consists of:
2.a. Dairy farming and poultry farming
2.b. Food furnished by a kitchen garden.
2.c. Durable goods and commodities owned by the family.
2.d. Inherited land property, which yields crops for the family.
2.e. Kneading, embroidery, tailoring, pickling, baking, and activities carried out in
a home.
2.f. All types of knowledge and services in household activities provided by the
members of the family.
2.g. Community facilities like parks, markets, hospitals, roads, schools, colleges,
libraries, dispensaries, fire and police protection, community entertainments, social
centers, etc. Proper utilization of all these can increase the real income of the
family.

3. Psychic Income:
This income is the flow of satisfaction derived by the family from the use of money
income and real income. Enjoyment income is the other term of psychic income. It is
the experience over a given period of time by the proper utilization of money income
and real income. It is in the form of rewards (as in prestige, leisure, or pleasant
surroundings) not measurable in terms of money or goods but serving as an incentive
to work in certain occupations or situations like a creative artist can reap a psychic
income that money cannot match.

Activity 2.1
Directions: Underline the human resources examples inside the box and write these
underlined words in the space provided below. Write your answer in your activity
sheets.

11
 salary strength insurance skills

time effort house expertise

1. ________________
2. ________________
3. ________________
4. ________________
5. ________________

Activity 2.2

Directions: Encircle the examples of types of family income inside the box.

Salary income insurance income money income

Psychic income real income pension

Multiple Choice
Directions: Encircle the correct letter of your choice. Encircle the letter on the
activity sheets provided.
1. It is a payment made to the employee for services or work rendered.
a. Salary
b. Rental
c. Commission
d. Savings

2. It is the money that is received regularly by an individual, for providing goods

or services, earnings from labor, business, or investments.
a. Pension
b. Income

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 c. Real Income
d. Money

3. It is the total income earned by all the members of the household.

a. Real Income
b. Money Income
c. Family Income
d. Psychic Income
4. It is a source of family income earned from the leased or rented property.
a. Pension
b. Dividends
c. Rentals
d. Profits

Directions: Fill - in the diagram below according to types of family income.

13
 Types of Family Income

Psychic
Money Income Real Income
Income
(Examples) (Examples)
(Examples)

1. Dairy
1. Rental 1. Prestige
Farming

2. 2. 2.

3. 3.

4.
4.

5.
5.

Fill in the blanks

Directions: Choose the appropriate word/s inside the box to complete the thought of
every sentence.

income family income real income

pension total income commissions

14
 1. _______________is the money that is received regularly by an individual, for
providing goods or services, earnings from labor, business, or investments.

2. Family income is the ______________ earned by all the members of the

household.

3. Sources of family income are the following: salary, ______________,

bonuses or honoraria, (4.)_______________, dividends from stock holdings
and savings or interests in savings.

5. Types of _____________ are the following: money income, (6.)

____________, psychic income

Enumeration
Directions: Provide the correct answer of the following in any order.
1. Enumerate at least 5 sources of family income.
a. __________________
b. __________________
c. __________________
d. __________________
e. __________________

2. Give 2 examples of each type of family income.

Money Income:
a. ______________________
b. ______________________

Real Income:
a. ______________________
b. _____________________

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 16
Lesson 1: Activity 1.1
Directions: Underline the human resources examples inside the box. Write your answer on your
activity sheets.
Lesson 1: Activity 1.2
Directions: Choose the material resources examples inside the box. Write your answer on the
space provided.
1. jewelry
2. cash
3. lot
4. house
5. vehicles
Lesson 1: Activity 1.3
Directions: Encircle the nonmaterial resources examples inside the box. Write your answer in your
activity sheets.
 17
Multiple Choice
Lesson 1: What Is It
1. d. It is the contributed service or work of the family like time, effort, skills, strength,
and expertise.
2. a. Human Resources
3. b. Time, health and experience
4. c. Monetary resources
5. d. Non-material resources
Lesson 1: What’s More
Directions: Fill - in the diagram below according to family resources and need. Write your answer
in the space provided.
 18
Lesson 1: What I Have Learned
Fill in the blanks
Directions: Choose the appropriate word inside the box to complete the thought of every sentence.
1. Human resource is the effort, time, skills, strength, and expertise contributed by a person
who works.
2. Energy, time, and skills are considered as intangible recources and limited.
3. Material resources are things that can be bought and owned through the use of money.
4. Non-monetary material resources are valuable too because they can be sold for a certain
amount of cash.
5. Time fulfills the prescribed duties, and smart maintenance of homes.
Lesson 1: Assessment
Identification
Directions: Identify the following statement that illustrates famiy resources and needs. Write
Human if the statement illustrates as human resources, Material if the statement illustrates as
material resources and Nonmaterial if the statement illustrates as nonmaterial resources. Write
your answer in your activity sheet.
Material 1. Real properties and jewelry increase in value over time.
Nonmaterial 2. Proper scheduling of the different activities as managing the time will help
lessen the unnecessary labor.
Material 3. Another term of material resources is tangible resources.
Nonmaterial 4. Time is used to start and finish the work without giving burden to the body
or resentment to the person.
Material 5. Jewelry is a tangible resources that the value increases over time.
Human 6.Strength is important to accomplish certain task.
Nonmaterial 7. Health of family member is very important in order to perform duties without
delay.
Human 8. Energy is important in performing duties.
Nonmaterial 9. The more experience a family member has, the more he or she will get
hired.
Human 10. Capabilities of an individual is very important in improving the common
good for the society.
 19
Lesson 2: Activity 2.1
Directions: Underline the human resources examples inside the box and write these underlined
words in the space provided below. Write your answer in your activity sheets.
1. Strength
2. skills
1. time
2. effort
3. expertise
Lesson 2: Activity 2.2
Directions: Encircle the examples of types of family income inside the box.
Lesson 2: What Is It
Multiple Choice
Directions: Encircle the corect letter of your choice. Encircle the letter on the activity sheets
provided.
1. a. Salary
2. d. Income
3. c. Family Income
4. d. Rentals
 20
Lesson 2: What’s More
Directions: Fill - in the diagram below according to types of family income.
 21
Lesson 2: What I Have Learned
Fill in the blanks
Directions: Choose the appropriate word/s inside the box to complete the thought of every
sentence.
1. Income is the money that is received regularly by an indiviual, for providing goods or
services, earnings from labor, business, or investments.
2. Family income is the total income earned by all the members of the household.
3. Sources of family income are the following: salary, commissions, bonuses or honoraria,
(4) pension, dividends from stock holdings and savings or interests in savings.
5. Types of family income are the following: money income, (6) real income, psychic
income
Lesson 2: Assessment
Enumeration
Directions: Provide the correct answer of the following in any order.
4. Enumerate at least 5 sources of family income.
a. Salary
b. Profits
c. Commisions, bonuses or honoraria
d. Rentals
e. Pension
5. Give 2 examples of each type of family income.
Money Income:
a. Rent of the house
b. Sick Benifits
Real Income:
a. Dairy farming and poultry farming
b. All types of knowledge
References

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<https://lrmds.deped.gov.ph/grade/6> [Accessed 8 July 2020].

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For inquiries and feedback, please write or call:

Department of Education – Bureau of Learning Resources (DepEd-

BLR)

DepEd Division of Tangub City

Office Address: Anecito Siete Street, Mantic, Tangub City
Telefax: (088) 395 – 3372
Website: www.depedtangub.net

23