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 If you have a credit card, use it, but don’t forget to pay the entire sum, not the minimum amount, at the end of the month. 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