Questions


October 2022 1 7 Report
pls pa answer need ko talaga plsssss




Your parents are both working and have their own earnings. Your father who is working with the rate of 500 pesos per day; works 6 days in a week and receives his salary every 2 weeks. Your mother who is earning 600 pesos per day works 5 days in a week and receives her salary every 2 weeks also. Both have the same deductions; sss Ph200, Philhealth ph300. Their needs include ph5000 house rental, water bill is 500ph, electricity bill is 2500ph, father's fare is 300ph while 250ph for mother. Internet connection is 2000ph. Allotted money for food is 2000ph per week.

1. How much is their net take home pay every month? Do the math with all the deduction and expenses listed. (10pts)

2. Is the salary of both parents enough for your family's needs? Or wants? Is there a spare money for savings? (5pts)

3. What will you do, if you are in your parents' situation, what will you do with the money? (5pts)

I 4. Make a budget from the 50-30-20 pattern for your parents' income then show it to them and discuss with them why your budgeting is better and make them apply budgeting. (10 )​

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