Question

Suppose you are the Head of your family, prepare a budget showing how will

you manage the expense of your family members. Also write what percentage of

your salary will you spend and how.
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Answer 1

Step-by-step explanation:

Here's how to get started. It's the 50-20-30 Rule, i.e., 50 per cent of your income should go towards living expenses, i.e., household expenses, including groceries; 20 per cent towards savings for your short, medium, long-term goals; and 30 per cent towards spending, including outing, food and travel.