Post
Topic
Board Economics
Re: How do you manage your finances and family if your income is low range?
by
Bd officer
on 05/11/2023, 03:47:22 UTC
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?
It will be different for each country based on the economy of different countries. I am presenting based on the economy of the country in which I live. The country I live in is Bangladesh, in our country each family is managed in a different way. Some families manage the family jointly. There are many who live with a single family. Now it is somewhat easier for those with low income to run a single family, but in case of joint family not many members of the family are earning which results in higher expenses for those with low income it is difficult for them to run the family. Where I live there are more single family households. It has become difficult for the low income people to live a normal life because the prices of goods have increased so much that it has become difficult. However, those who have low income should spend according to their income. According to the amount of income you should spend for the family and also save some money for future. Avoid wasting anything. Don't buy anything unnecessary.