Take Charge of Your Family Finances

Regular assessment of your household finances is important to the family’s financial well-being. Here are some guidelines to control your household finances. Use of Credit Cards Use your credit if you have one. However, remember to pay your outstanding balance, not the minimum amount, before its due. Utilisation of credit card should be done wisely. Rule of Thumb If the total household expenses is higher than 33% of your household income, it’s time to cut down on expenses. Here are some