What is ClothingBudget- what is reasonable monthly budget for clothing


A budget is a detailed plan of operations for some specific future period. Clothing budget helps to plan and control the income and expenditure. There is a close relationship between the family income and the expenditure on clothing. Budgeting helps a household to spend money carefully. It is an intelligent guide to spending. It balances the future and the present wants, making suitable allocations for spending and saving.

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