17. What type of spending did you use when your family went to Asin Hot
c. Size and composition of the
d. Values of the family
a. Amount of income
family
b. Needs and wants of the family
Spring last summer?
a. Spending for comfortable living
b. Splurge spending
a. Keep a record of expenses
b. Record your income
from another family's budget?
c. Spending for savings
18. What will you do to keep track of your family's income?
d. Spending for major purchase
c. Keep all the receipts
d. Mark your calendar
19. What could be the major reasons why one family's budget is different
1. size of the family members 4. location of residences
2. clothing 5. household operations
3. savings 6. family income
a. 1,2,3
b. 1,3,5
c. 1, 4, 6
d. 2,4,6
20. How much money is reserved for a food if the allocation is 32% of PHP
27,500.00 family's monthly income?
c. PHP 8,520.00
d. PHP 8,800.00
a. PHP 8,250.00
b. PHP 8,080.00​