family expenses rates% percentage
1.rent and bills. 25% .25
2.food 30% .30
3.allowance. 5% .5
4.fare and other 30% .30
5.savings 10% .10
total. 100% .100
The importance of saving money is simple: It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. And, if you have savings set aside for discretionary expenses, you may be able to take risks or try new things.
