1.

 Write down four points to explain the importance of keeping household records. 

Answer»

Importance of keeping household records: 

1. Helps to know exact amount of the money available to the family. 

2. Avoid wasteful expenditures. 

3. Serves as a guide for current and future expenses. 

4. Help avoid being overcharged. 

5. Helps to ensure that money lasts throughout the month.



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