Directions: Read the following statements carefully Write (T) if the statement is correct and if the
statement is false
V
trasyon
Tan
cach
1. Small amount of savings should not always be included in the budget
2. Planning of expenses is important because it minimizes the chances of wasteful
spending
3. Learn to share household work so that you can save on wages for helpers.
4. Wants are more important than needs so limit your spending based on what you want
only.
5. Live simply and accordingly to your means
6. You can give even if you are poor.
7. Always take advantage of discount sales.
8. Follow your family budget religiously.
9. The biggest amount of income is spent for food.
10. Alternative ingredients can be used instead of expensive ones.
11. Planting in the backyard is a great help in the family's budget
12. Doing household chores for your neighbor during weekends to augment family
To
theo
-Man
beto
income.
13. Always save for tomorrow.
14. Living a life like your favorite movie star even your family's economic status is poor.
15. Always buy branded products so that you will be idolized by your friends.​