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- Helps a family to live within their income.
- It promotes organized living and planning.
- The family knows how the money is being spent and they are able to evaluate
their financial situation.
- Budgeting encourages sensible control of various expenses.
- Budgeting helps a family to look at their income sources realistically.
sharon kalunda answered the question on April 15, 2019 at 12:13
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