What are the major expenses of family?
The Most Common & Highest Expenses in the Family Budget
Housing. Housing is generally the largest item in a family budget.
Food. When you were a kid, it likely seemed that your refrigerator was magically restocked by kitchen-servicing elves.
Vehicles.
Education Costs.
Child Care.
What factors affect a budget?
Here are 5 factors to think about as you prepare your budget:
Your Income Structure. The way in which money comes into your income statement is critical for planning cash flow.
Your Spending Habits.
Your Use (or Not) of Credit & Debt.
Your Tech Savvy.
Your Personality.
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