Question 1
Suggest Sunil two ways of increasing his monthly income and convince him to record his monthly expenses. Suggest a suitable format for monthly record of his expenses.
Solution
- It helps judicious spending, aware of wasteful expenditure.
- Money lasts throughout the month.
- Can compare prices and expenses of the previous month.
- Prioritise expenses.
| Month | Name of things | 1st Week | 2nd Week | 3rd Week | 4th Week | Total Amount |
| Feb | House Rent | |||||
| Petrol | ||||||
| Grocery | ||||||
| Food | ||||||
| Drink | ||||||
| March | --- | --- | --- | --- | --- | --- |
