It consists of uniforms, clothes, and accessories.

It includes family outings, outside dining, watching movies.

Teach the children to spend their allowance wisely. TRUE OT FALSE?

It includes the tuition fees, books, daily food, transportation allowance of children.

Follow a shopping and marketing schedule. TRUE or FALSE?

It is based on the system by which wages or salaries are received and how these are to be spent by itemizing the needs of the family and how much money is needed to meet such needs.

Buy things that you want. TRUE or FALSE?

These are materials that the family members desire to have

It includes the amount set aside or deposited in the bank.

These are materials which the family members need to survive on a day to day basis.

It includes things needed in the house, beddings, curtains, furniture, and other paraphernalia to make members comfortable.

A budget is the amount of money set aside for planned expenses.