What Savings pattern should a family man adopt?

[Has.an_shahid]

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[Tariq Nazir]

Family man can adopt the saving the pattern of saving money in the bank. In case of emergency. He can easily withdraw the money and just use it. He can also invest in business to make profits for him and his family. When he invest in business like real estate company. He can even get a house in any of the estate for himself and his family.

 

[Ebuka Stephen]

I agree with lyrrex , the family man should save towards a particular goal, he should tax himself to remove 10-20% of his salary every month, to help him do easily he should try to write down the list if bills and needs to be taken care for that month

 

[eojo2401]

Saving before spending. For instance if your earning ten thousand naira, plan to save certain percentage of that ten thousand naira before spending the rest. Although it's not that easy to save, but one must try as save even if it's little.

 

[Nicklas22]

Very interesting question, I just think a married man has to fulfill his duty as the man of the house and provides food for his family
The saving pattern the man should adopt is to try and save money before his family needs arises

 

[Adetayo100]

How will a family save, it is very unlikely for a family man to save money because after you have remove expenses such as feeding, paying of rent, paying of school fees for you children and so many other house expenses. You will have little or nothing at the end of the month.

 

[Richard92]

There are different saving pattern which a family man can employ when working. a family man who works and receive monthly salary can introduce every month forty percent savings. However it depends when your income to know the kind of saving pattern you want to introduce as a family man.

 

[Pauljonnes1000]

The type of saving pattern a family man should adopt is 30/70. That is, saving 30% and make use of 70%. That will help him have some little saving which could accumulate into a huge amount of money in the nearest future. Out of the 70% will all expenses lies.

 

[WhiteHouse]

As a family man you need to cater for your family, your wife and your children so you will need to share your salary or your earnings around this circumstance, maybe 50% of your salary or earnings will go to family spending and upkeeping, 30% will go for Savings and you hold 20%.

 

[Donolatunji]

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[Bookwormlux1]

In a Facebook group that I belong, a man talked about how he created a joint account with his wife. He funds the account with money every month. This way, the wife no longer requests for money to settle family needs. This is the best pattern I have seen.

 

[Godleads1]

The savings of a husband and family man is quite different from others. He receives the salary, settles the home and still leaves something in the bank. That's why most ladies call men liars.
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The savings of a husband and family man is quite different from others. He receives the salary, settles the home and still leaves something in the bank. That's why most ladies call men liars.

 

[Veetos12]

A family man is one that is blessed with wife and children. Hus spending pattern is complex as he has to meet the needs of everyone in his household. Bearing that in mind, what Savings pattern does he adopt?

If we should look at a family man's daily expenses, it would be difficult to assume or advise any money saving pattern because he cannot predict his spending. However, it is expected of a man to have more than one source of income for his family's sake. He can save a certain portion that will be convenient for him.

 

[Olubayo12]

a family man needs to cultivate the habit of saving part of his income or salary mainly because if his responsibility and the fact that a lot of things will come up in the family that he will be called to attend to. So savings is very important for a responsible family man

A family man is one that is blessed with wife and children. Hus spending pattern is complex as he has to meet the needs of everyone in his household. Bearing that in mind, what Savings pattern does he adopt?

 

[Dubai]

A family man is one that is blessed with wife and children. Hus spending pattern is complex as he has to meet the needs of everyone in his household. Bearing that in mind, what Savings pattern does he adopt?

The truth is, the saving pattern that such a man would adopt will depend largely on his earnings or monthly salary. However, as a family man, I would advise you to share your salary into three. In it, 30% should go for savings into his saving account monthly. While the remaining should beside for family upkeep and other business investments.

 

[Abisola]

The three paths that people take to adopt children are through the foster care system, domestic adoptions or international adoptions. Adopting a child out of the foster care system is the most inexpensive. Children in foster care have been separated from their families and are placed in foster homes while waiting to be adopted into homes of their own. The Child Welfare Information Gateway reported that in 2014, there were over 400,000 children in the foster care system nationwide that were available for adoption. The cost of adopting a child from foster care can range from free to less than $3,000 if you choose to work with an attorney to complete the required paperwork.

 

[Lyrrex]

Depending on the means a man generate his money i think the best way a man can save is to adopt method of scale of preference, by this he will do away with unnecessary spendings n here keep certain percentage of his outcome asides

 

[Hasan Raza]

The best Savings system that ought to be received or utilized by a family is to save prior to spending however that doesn't mean the man ought not deal with his family I simply believe that this sort of saving methodology will assist the man with saving forcefully and assist him with disregarding undesirable spending

 

[Kamon c4]

Well joint savings is the best pattern of savings for a family man but due to the high level of risk involved in it, I wouldn’t advise you ventured into it. Personal savings is much more preferable in this case. A percentage of your income should go into your savings.

 

[Victor001]

A family man is one that is blessed with wife and children. Hus spending pattern is complex as he has to meet the needs of everyone in his household. Bearing that in mind, what Savings pattern does he adopt?

The moment you start a family be ready to take responsibilities,it's important to always run family planning and don't spend on liabilities.priorities in family planning,feeding, education, investment and health.