B.
Write True if the statement is correct and False if the statement is wrong.
1. Cellphones, books, computers and laptops are basic items that one needs
from day to day,
2. One important consideration in making a lists of expenditures is to know
your priorities.
3. Balance your incomes and expenditures.
4. Buy your needs first before anything else.
5. Fixed expenses maybe increased or decreased depending on the money
available.
6. Needs are those which the family needs to survive on a day to basis.
7. Know your income or allowances for definite period of time-monthly,
weekly and daily
8. Spending for fun and satisfaction that comes occasionally and be part of a
budget
9. Budget is a plan for spending only.
10. Needs first before wants.​