The time and effort family members put into cleaning, cooking, and repairs. 4. The Family Budget The budget is the balance between Income and Expenses :
The primary purpose is to of family members—ranging from basic biological needs (food, shelter, clothing) to spiritual and social ones (education, hobbies, rest). 3. Resources of the Household To function, a family uses various resources: The time and effort family members put into
Unlike a professional job, household labor is usually unpaid but essential. It involves: 6. Management and Thrift
A "thrifty" (economical) household involves planning. This means avoiding impulsive purchases, caring for belongings so they last longer, and saving energy/water. which helps save money.
The house/apartment, furniture, appliances, and tools. Financial: Cash, bank savings, and digital money.
Income should ideally be greater than expenses to create savings . 5. Labor in the Home
Growing vegetables in a garden or making clothes, which helps save money. 6. Management and Thrift