a type of components of a family budget refers to money paid by the family for goods and services that they avail
Answers & Comments
catherineardines
Food-you need it everyday and the biggest share in the allocation of your family income
Utilities-paid on a monthly basis like water,electricity,telephy and home cable bills.
Shelter-same families rent the house or apartment they live in.
Education-you should allocate an amount of their income for education.
Savings-money that is set aside for emergency purposes. Household Operations- allocated budget for the family member who stays at home or your house helper.
Medical and Dental Care- expenses for medical and dental appointment and medicine needed
Clothing- item that you do not need to buy everyday.Clothing needs of family members differ from o e another depending on their physical growth,status and development rate of family members and occasion or engagement to be attended.
Rest and Recreation- activities that provide relaxation and entertainment for the family.
Social and Moral Obligations-we have certain social and moral obligations to ourselves and others.
Answers & Comments
Utilities-paid on a monthly basis like water,electricity,telephy and home cable bills.
Shelter-same families rent the house or apartment they live in.
Education-you should allocate an amount of their income for education.
Savings-money that is set aside for emergency purposes.
Household Operations- allocated budget for the family member who stays at home or your house helper.
Medical and Dental Care- expenses for medical and dental appointment and medicine needed
Clothing- item that you do not need to buy everyday.Clothing needs of family members differ from o e another depending on their physical growth,status and development rate of family members and occasion or engagement to be attended.
Rest and Recreation- activities that provide relaxation and entertainment for the family.
Social and Moral Obligations-we have certain social and moral obligations to ourselves and others.