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A wise guide to have an overall view of family income and expenses: - Home Science

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Question

A wise guide to have an overall view of family income and expenses:

Options

  • Insurance Policy

  • Budgeting

  • Bank Account

  • Saving

MCQ

Solution

Budgeting

Explanation:

A budget is a financial plan that tracks both revenue (money coming in) and expenses (money going out). It helps the user see exactly where their money is going, allowing them to make informed spending decisions.

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Budgeting
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