____________ is the recommended budgeting strategy for dual income households where the two partners have trust and shared values and goals?
A)Pooled income
B)50/50
C)Proportionate contributions
D)Sharing the bills
E)Sharing goals

Question

Quizplus · Accepted Answer

Pooled income is the recommended budgeting strategy for dual income households where the two partners have trust and shared values and goals. This means that all income is combined into one bank account and used to pay for all shared expenses, such as mortgage payments, utility bills, groceries, and entertainment. The idea behind this strategy is that both partners contribute equally to the household expenses, regardless of who earns more money. It promotes teamwork, accountability, and a sense of common purpose, and can help avoid conflicts over money.

____________ Is the Recommended Budgeting Strategy for Dual Income Households