Due to the law of supply and demand if the demand is high the price is high if the demand is low the the price is low, as a family member how do you help in reducing the expenses of your family in your home just like the electric and water bills?
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Take on meal planning and cook at home. ...
Use shopping lists. ...
Cancel cable TV and trim entertainment costs. ...
Reduce your electricity usage. ...
Invest in smart home tech and save.
Money management is about meeting expenses, setting aside money for emergencies, and saving. A family budget helps you spend and save wisely. The key to budgeting is spending less money than you earn. When you spend less than you earn, you can start saving money.
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