Family Income refers to the money earned by the family member from their employment which the family uses for their foods,shelter, clothing and education of the children, health and dental check-up and care and also for some other needs. It also refers to the monetary payments received by all family members for the goods and services rendered.
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Answer:
what is meant by family income
Family Income refers to the money earned by the family member from their employment which the family uses for their foods,shelter, clothing and education of the children, health and dental check-up and care and also for some other needs. It also refers to the monetary payments received by all family members for the goods and services rendered.