what is called family budget
Answers
A family budget is a statement which shows how family income is spent on various items of expenditure on necessaries, comforts, luxuries, and other cultural wants. It shows the distribution of the family income over the various items of expenditure.
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Answer:
A family budget is a plan for your household's incoming and outgoing money over a certain period of time, such as a month or year. ... Many people simply spend their income without being intentional about it, she says, but you get to decide how to allocate that money so that it works for you.
Explanation:
A family budget is a plan for your household's incoming and outgoing money over a certain period of time, such as a month or year. ... Many people simply spend their income without being intentional about it, she says, but you get to decide how to allocate that money so that it works for you.