News 24 | A specialist explains how to divide the family budget and save from it monthly (video)

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A specialist explains how to divide the family budget and save from it monthly (video)The Dean of the Faculty of Economics and Administrative Sciences at Imam Muhammad bin Saud University, Dr. Muhammad Makni, reviewed yesterday (Friday) the best methods that can be followed to save from the monthly income.

He explained, during his meeting on the “An-Nahar News” program on Al-Ekhbariya channel, that keeping money is not good, especially since its value is constantly changing, and that this also represents a loss for the economy.

He added that there are different rules for financial planning that lead to saving, as this can be done by dividing the monthly income, and allocating specific percentages for basic, emergency and saving matters, such as allocating 30% of income for housing and 40% for basics, leaving 20% ​​for saving and 10% for emergencies.

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