What I Can Do face if it is wrong. I. Draw a happy face if the statement is correct and sad Do this in your notebook. 1. One important consideration in making a list of expenditures is to know your priorities. 2. Needs are those things which the family need to survive on a day to day basis. 3. Buy all the things that you want before anything else. 4. Balance your income and expenditures. 5. Compare the prices of the products to be bought and avoid buying things with higher prices than usual.