The document proposes a simplistic methodology for managing a household budget. It suggests taking your income, accounting for inevitable expenses, and dividing the remaining funds. The method involves using a shoebox as a "treasury chest" to physically separate spending categories and allow for regular analysis of expenses. Tracking expenditures this way aims to help people spend consciously while maintaining basic budgeting patterns.
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Household budget- a layman's approach
1. HOUSEHOLD BUDGET
Ajay K Raina
PS: Author acknowledges pics taken from web and does not claim the same as his own
2. MOTIVE
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To suggest a simplistic way of managing
Money is the root of all evil, and a man needs roots.
the household budget.
3. ISSUES
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Money is seldom enough and never surplus.
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Saving vis-a-vis spending on monthly basis.
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Budgeting and day to day accounting.