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Discuss the Five Categories of the Household Budget and What

Question 75

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Discuss the five categories of the household budget and what they are used for.Assess your own weekly or monthly expenditures,roughly,in terms of these categories.Are the categories adequate to capture your expenditure patterns? Do the five categories need to be redefined or do other categories need to be added? If yes,what and why? If no,comment as to why not.

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Five categories: basic needs fund (food,...

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