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    Allocates Budgets For Basic and Social Needs

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    DENMER MANLANGIT
    The document discusses the importance of budgeting for families. It states that through budgeting, families can properly allocate their income to know how much is spent on needs and where the money goes. Budgeting helps family members learn to spend wisely, save regularly, and participate more in family matters. It also lists factors for families to consider when creating a budget, such as family size, income, jobs, talents, location, resources, and priorities.

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    Allocates Budgets For Basic and Social Needs

    Uploaded by

    DENMER MANLANGIT
    6 views1 page
    The document discusses the importance of budgeting for families. It states that through budgeting, families can properly allocate their income to know how much is spent on needs and where the money goes. Budgeting helps family members learn to spend wisely, save regularly, and participate more in family matters. It also lists factors for families to consider when creating a budget, such as family size, income, jobs, talents, location, resources, and priorities.

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    Allocates Budgets for Basic and Social Needs

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    The document discusses the importance of budgeting for families. It states that through budgeting, families can properly allocate their income to know how much is spent on needs and where the money goes. Budgeting helps family members learn to spend wisely, save regularly, and participate more in family matters. It also lists factors for families to consider when creating a budget, such as family size, income, jobs, talents, location, resources, and priorities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    6 views1 page

    Allocates Budgets For Basic and Social Needs

    Uploaded by

    DENMER MANLANGIT
    The document discusses the importance of budgeting for families. It states that through budgeting, families can properly allocate their income to know how much is spent on needs and where the money goes. Budgeting helps family members learn to spend wisely, save regularly, and participate more in family matters. It also lists factors for families to consider when creating a budget, such as family size, income, jobs, talents, location, resources, and priorities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Allocates Budgets for Basic and Social Needs Allocates Budgets for Basic and Social Needs

    Budgeting- allow or provide a particular amount of money by budget Budgeting- allow or provide a particular amount of money by budget
    Management- the process of dealing with or controlling things or Management- the process of dealing with or controlling things or
    people. people.
    By means of budgeting, the family can properly allot the By means of budgeting, the family can properly allot the
    income. A family should have a knowledge of family budgeting to income. A family should have a knowledge of family budgeting to
    know how much is spent for family needs and where the income know how much is spent for family needs and where the income
    goes. Through family budgeting the members will learn to spend goes. Through family budgeting the members will learn to spend
    wisely, save regularly, participate in family matters more actively with wisely, save regularly, participate in family matters more actively with
    the maximum benefit from the wise use of resources, like time, the maximum benefit from the wise use of resources, like time,
    energy and abilities energy and abilities
    Factors that need to be considered when budgeting Factors that need to be considered when budgeting
     Size of the family  Size of the family
     Family Income  Family Income
     Kind of work each family member does  Kind of work each family member does
     Talents and abilities of each member  Talents and abilities of each member
     Locality where the family lives  Locality where the family lives
     Available family resources  Available family resources
     Priorities of the family  Priorities of the family
     Values Attitudes and habits of the family  Values Attitudes and habits of the family

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