Question

Prepare a family budget of 3 members earning 15000rs

Answer 1

Each will get 5000rs

Answer 2

Solution:

Budgeting is an essential factor that would help you know how much you spend or how much you save.

Before making the budget, one should necessarily note down the mandatory expenses that are incurred and make a list of it.

Identify the areas in which you spend more and limit down if it’s unnecessary.