1. Family Financial Management Strategies
The variable expenses are an area where the manager should explore avenues to save money. ... A good way to be flexible in the family's expenses is to save a small amount of money for emergency purposed, have a set amount of money for any expenses the family has such as food, water/power, and education. Then the family should have money for luxury expenses and free spending. ... The family should have the list for every money being spent from the daily current account. ... For a family, which is earning a lot of money, they can do without having such list. ...
- Word Count: 949
- Approx Pages: 4
- Has Bibliography
- Grade Level: Undergraduate