There are many people around us, where their income is not enough to manage a family how do you manage your family and economy? There are many people who manage their family very well even though their income is very low in their personal life, how do you manage it?
Living frugally in unstable financial conditions is the best way to avoid excessive spending. The concept of having a family is to minimize expenses for clothing, food and shelter, this is deemed necessary to avoid excessive spending in uncertain economic conditions like now. If someone cannot manage their life well then whatever level of income we get will not be enough to fulfill our lifestyle. If the income we get is below our daily needs, it will be very problematic if we cannot manage it properly and this is where someone needs to be precise in managing finances.
A simple lifestyle must be adopted in unstable economic conditions and as much as possible we must spend money only on what is needed. Managing finances may be very difficult and not as easy as we are talking about, but everyone must have a strategy to avoid this problem if they want to live a calm and fulfilled life.