Take Charge of Your Family Finances
Maintaining a regular assessment of your family finances is essential to the family's financial welfare. 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 Household expenses should be lower than 33% of household income. If it is higher, think of cutting down your expenses.