Family Budget: Importance of keeping a day to day accounts for the family

| CAREER GURU JALIL M.S
Career Guru Jalil MS
24 + years
10 lakhs + Clients
MA History, Psychology, B. ED
Trained in MBTI and Differential Aptitude Test Of Person
Shared Excellence Award with Raju Narayana Swamy IAS
The process of budgeting allows you to define your financial goals as a family and work in a direction to achieve them together.
It allows you to prioritise spending, so you only buy what you actually need. Budgets allow you to forecast your money over the months ahead
Your savings pattern will allow you to draw up plans for short-term and long-term financial goals, such as a vacation, a new car or your child's education.