SEWA PROJECT – CLASS XII ( SCIENCE AND COMMERCE)

Topic-- Preparation of family budget and Maintenance of daily

household accounts.
S.No. Contents Page No.
1. Name- 1.
Class & Sec.
Roll No.
Session-2020-21
2. My Sewa promise 2.
3. Acknowledgement- Written by student on 3.
his own
4. Contents 4.
5. Introduction 5.
6. Aims& Objectives of SEWA 6.
7. Monthly Planning for Activities to be 7&8
conducted under SEWA-
8. Month wise activity ( Elaborate explanation 9 to 18
and presentation of Each activity- Details
attached)

9. Sewa Hour Log 19

10.. Conclusion- 20
11. Bibliography- 21

Students pls note -Details of how to perform various activities and

how to prepare your project has been given.
But Acknowledgement, Conclusion ,Bibliography has to be written
by student himself, and every one is free to add any matter related
to the topic to make the project more individualistic.
MY SEWA PROMISE :

SEWA PROMISE FORM should be signed by you parents in appropriate places.

CONTENTS:
S.NO TOPIC PAGE NO. TEACHER’S Sign.
1 Introduction
2 Aims& Objectives
3 Monthly Planning
4 Month wise Activity
April
May
June
July
August
September
5 Sewa hour Log
6 Conclusion
7 Bibliography

Introduction:
SEWA- Social empowerment through work education and action
Sewa aims to develop a whole person in their intellect,personal,social,emotional and social
growth.It helps to develop active citizens and caring and compassionate humans.
It helps learners to develop life skills of Self awareness and Empathy,
It helps Develop creative and critical thinking skills.
It helps develop a caring and Compassionate Individual.
The topic of SEWA-( Preparation of family budget and Maintenance of daily household
accounts).
To be completed by conducting various activities
Activity 1.-Preparing list of Consumable articles and classifying them into Necessity, Comfort
and Luxury.
Activity 2. – Collecting Comparative prices for the Required consumable articles.
Activity 3. -Preparation of household Receipt and Payment Account.
Activity 4.- Allocating the family income on various heads.
Activity 5.- Preparing a family budget .
AIMS & OBJECTIVES:
This project aims to identify the importance of household accounts,
Create awareness among children about their house hold expenditure and savings.
To understand what is a Budget, family budget
To Learn the preparation of family budget
To prepare receipt and Payment accounts of house hold expenses.
To Understand the various aspects of a Family’s Financial Planning.

MONTHLY PLANNING FOR ACTIVITIES TO BE CONDUCTED UNDER

SEWA:
MONTH ACTIVITY DETAILS
APRIL 1 Preparing list of Consumable articles and
classifying them into Necessity, Comfort and
Luxury.

MAY 2 – Collecting Comparative prices for the

Required consumable articles.
JUNE 3 Preparation of household Receipt and
Payment Account.
JULY 4 Allocating the family income on various
heads.
AUGUST 5 Preparing a family budget
SEPTEMBER Project Preparation

ACTIVITY OF APRIL MONTH:

ACTIVITY-1 (Preparing list of Consumable articles and classifying them into Necessity,
Comfort and Luxury.)
-Details attached in slides below.

ACTIVITY OF MAY MONTH:

ACTIVITY -2(Collecting Comparative prices for the Required consumable articles.)

1.Meaning of comparative prices-one sentence.

2. Why there is a need to compare prices of consumable goods -write 3 points.
3. Process followed in collecting comparative prices;(Write in one paragraph considering
points below)
a) visit nearby shops and enquire about the prices of goods (Collect data from at least Four
vendors)
b) prepare notes and present in a table form
c) present the data in a line graph.
d) Stick pictures related to your activity,
Particulars Quantity Vendor 1 Vendor 2 Vendor 3 Vendor 4
Price price price price
Apples
Bananas
Eggs
Rice
Wheat
Gram Dal
Sugar
Potato
Refined oil
Milk
Etc.

Sample chart has been provided ,prepare a similar one using your data.

ACTIVITY OF JUNE MONTH:

ACTIVITY- 3 (Preparation on Receipt and Payment A/c)
 1. What is a Receipt and Payment A/c-Write two sentence
2. Steps of Preparing Receipt and Payment a/c.- Write one paragraph(points given
below)
a) Identify all sources of Income or receipts of a family.
b) Identify all sources of Expenditure of a family.
c) Write all incomes in the left side of the account.
d) Write all expenses in the right side of the account.
(Take help from your parents, collect data, take picture along with your parents
during your conversation stick them under the activity)
e) Stick Relevant pictures of your activity.
RECEIPT AND PAYMENT A/C
RECEIPTS AMOUNT PAYMENTS AMOUNT
Balance money from Food & Grocery
previous month (if any) Electricity bill
Income from salary Gas Refill
Income from sale of Fuel( petrol or Diesel)
News papers Telephone bills
Income from house Rent Mobile Recharge
Income from sale of old School Fees
books Clothing
Any other income(if any) Medical charges
Religious Ceremony
Travelling charges
House Rent
Etc.(All other expenses)

Balance Money
at end of month

ACTIVITY OF JULY MONTH-

ACTIVITY -4 (Allocating the family income on various heads.)

Details attached in slides below.

ACTIVITY OF AUGUST MONTH

ACTIVITY- 5 (Preparation of family budget )

1. Meaning of BUDGET- Two sentences

2. What is a Family Budget- two sentences
3. Benefits if preparation of family Budget- write any three points.
4. Steps Followed in preparation of family budget-(One paragraph, points given
below)
a) Write down the various sources of family Income.
b) Prepare list of expenses incurred in a month.
c) Allocate money to various heads as given in the Sample budget.
 5. Data Presentation;
Family budget -table-(Sample provided ,prepare on the basis of your family income)
Pie Chart- Should be Colourful, pie chart be prepared on the basis of degree of
expenses.
6.Stick Relevant pictures of your Activity ( pics. while conversing with parents, while
collecting data)

Sample Family Budget assuming Monthly Income of a family Rs 50,000

Items Rs or % % of Total Budget Degree
Income Amount ( %x360)
Income total 50,000 50,000
Other Income XXXXX
(if any)
TOTAL INCOME 50,000
ESSENTIAL EXPENSES 60% 30,000 216
Food& Grocery 18% 9000 64.8
Health 4% 2000 14.4
Care(Including
Insurance
Life Insurance 4% 2000 14.4
Housing 10% 5000 36
Utilities 8% 4000 28.8
Education 10% 5000 36
Transport 2% 1000 7.2
Clothing 2% 1000 7.2
Entertainment 2% 1000 7.2
INVESTMENT 20% 10,000 72
(Fixed Deposit, Mutual Funds)
SAVINGS 20% 10,000 72
( Retirement,
Higher Education,
Others)
360

Prepare a Pie- Chart using the degree. (Refer to the picture below and prepare your
Own pie-chart using the data)
SEWA HOUR LOG; ( student’s need to prepare this table in one page)

DATE ACTIVITY TIME MENTOR’S SIGN.

April Class discussion about Necessity, 45 min.
comfort and luxury items in house
hold.
April Preparation of list of all consumable 45min.
items at home.
April Classification of items into necessity, 45min.
comfort and luxury.
May Class discussion on how to collect 45min.
comparative prices of consumables.
May Preparation of comparative table 45min.
and line graph for data presentation.
June Class Discussion on how to prepare 45 min.
Receipt and Payment A/c
June Collection of data and preparation of 45 min.
Receipt and Payment A/c
July Class Discussion on identifying 45 min.
various heads for allocating family
Income.
July Identification of various heads and 45min.
 table preparation
July Presentation of data in Pie-chart 45min.
August Class Discussion on Budget, family 45min.
budget
August Discussion on steps to be followed in 45 min.
preparation of family budget
August Preparation of family budget, table 45 min.
and pie chart
September Project Preparation ( Compilation of 45 min.
all activities)
September Project Preparation 45min.

CONCLUSION:

BIBLIOGRAPHY:

NOTE:-
1. Students Guidelines have been provided for the project in elaborate way,you need
to follow and prepare accordingly.
2. Any queries ,clear them from your Class teacher.
3. Submit the project on time .
4. Date of submission 3rd October 2020.
5. Project to be prepared in hard bound project file ,using project papers.
6. Properly cover it and Write your details on the cover page.
7. Sample data has been provided , you need to refer them and prepare your own data
and graph ,charts.( Do not Copy)

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