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Family Budgeting And Money ManagementApplying God's Word To Your FinancesFamily Budgeting And Money Management TABLE OF CONTENTS Introduction the Biblical Case For Budgeting page 1Lesson One The Basics
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Family budgeting is the process of managing and planning the finances of a household to ensure that income covers expenses.
Any individual or family who wants to track and manage their finances effectively can benefit from creating and maintaining a family budget.
To fill out a family budget, you can start by listing all sources of income, followed by listing all expenses. Then, you can compare income and expenses to make adjustments as needed.
The purpose of family budgeting is to help individuals and families track their income and expenses, prioritize spending, and save for future goals.
Information such as income sources, monthly expenses, savings goals, and any debt obligations should be reported on a family budget.
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