This would put the average household's monthly expenses ... worth of expenses in the account. You reserve this account for emergencies only—if you lose your job, for example.
The guide provides an in-depth view of the minimum monthly expenses required for various household situations ... mainly due to the absence of expenses like instalments, fuel, and maintenance. For ...
You can then use this guide to track your monthly expenses, manage your commitments, and set aside emergency funds for unexpected situations. 2. So how does it help with financial planning? The ...