A ____________________ include anything tangible or intangible that helps provide for the needs of its members.

Every able-bodied member of the household is considered an important____________.

Real properties and jewelry increase their value over time whereas the value of furniture, appliances, and automobiles depreciate or go down as they get old and worn out.

It is the money that an individual or business receives in exchange for providing goods or services.

The total income earned by all the members of the household is called______.

Money received by retired persons, old age widow and other pensioners is called _________

What do you call the amount of money one sets aside for planned expenses.

These are the things that people can’t live without which includes enough food, descent clothing, and secured shelter.

A family budget maybe different from one family to another due to family size and composition, family values and standards of living.

Which of the following is example of component of family budget?

Which statement shows managing family resources efficiently?