Activity 1
1. Why is there a need to budget the income of the family? ____________________________________________
2. What are the components of a family budget? ________________________________________
3. How can we manage family resources efficiently_______________________________________
4. Differentiate needs from wants and give examples. ______________________________________________
1. Why is there a need to budget the income of the family? ____________________________________________
2. What are the components of a family budget? ________________________________________
3. How can we manage family resources efficiently_______________________________________
4. Differentiate needs from wants and give examples. ______________________________________________
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Answer:
1) To help your family and your family need a budget to buy foods, and things their need.
2) Buy foods, buy their need,to fee the wire and water.
3) Pray to god to help you
4) My mom need a budget to buy my things i need to school and my lunch in school.