grade 6 subject tle1.what are the things you need to consider in preparing a family budget expenses2.what are tips in managing the family in come wisely 3.how should family manase their resources I budget in come praccdilly
Answer (1)
Simple and clear answers for Grade 6 TLE (Technology and Livelihood Education) about family budgeting and managing resources:What are the things you need to consider in preparing a family budget expenses?List all sources of family income (money earned).Identify all necessary expenses like food, bills, school needs, and transportation.Separate wants (extra things) from needs (must-haves).Plan how much money will be spent on each category.Leave some money for savings and emergencies.What are tips in managing the family income wisely?Always spend less than you earn.Prioritize important and essential expenses first.Save a part of the income regularly for future needs.Avoid unnecessary or impulsive buying.Keep track of where the money goes by writing it down or using apps.How should a family manage their resources and budget income practically?Make a detailed plan or budget for every month.Work together and communicate about money matters.Look for ways to reduce expenses without sacrificing important needs.Use resources wisely, like buying in bulk or using electricity carefully.Review and adjust the budget when needed to stay on track
