Budgeting the Household Income
I have not given any thought to creating a budget before, although my husband keeps a budget for the house. In the past, I have seen budgets as a grey area, something that needs a lot of expertise and knowledge about finance and economics to run. Budgeting seemed to me as something that needs the expertise of economics and finance professionals to achieve. Having a household budget has many advantages. It puts one in financial control so that spending on frivolities is minimized. The individual who keeps a household budget is able to control his/her finances so that frivolous spending is eliminated. In addition, ...
