Copy and Edit

Household Expenditure

Description

Mind Map on Household Expenditure, created by Time for Business sample on 18/02/2016.
Time for Business sample
Mind Map by Time for Business sample, updated more than 1 year ago
Time for Business sample
Created by Time for Business sample over 8 years ago
23
0
0

Resource summary

Household Expenditure
  1. What is expenditure?
    1. How people choose to spend their income
    2. Types of expenditures
      1. Fixed
        1. Mortgage
          1. Rent
            1. Car tax
              1. TV licence
                1. Insurance
                2. Irregular
                  1. Groceries
                    1. Utility bills
                      1. Education
                        1. Clothing
                          1. Fuel
                            1. Repairs
                            2. Discretionary
                              1. Entertainment
                                1. Holidays
                                  1. Gifts
                                2. Current vs Capital expenditure
                                  1. Current
                                    1. Continuous/regular
                                      1. Bills
                                        1. Education
                                          1. Travel
                                          2. Capital
                                            1. Once-off/less regular
                                              1. Furniture
                                                1. Car
                                                  1. Electronic goods
                                                2. Effective spending guidelines
                                                  1. Prioritise expenditure
                                                    1. Avoid impulse buying
                                                      1. Beware of false economies
                                                        1. Consider opportunity cost
                                                          1. Check bills
                                                          2. Dealing with overspending
                                                            1. Cut back on spending
                                                              1. Spread payments over time
                                                                1. Postpone spending
                                                                  1. Use savings
                                                                    1. Earn extra income
                                                                      1. Borrow money
                                                                      Show full summary Hide full summary

                                                                      Want to create your own Mind Maps for free with GoConqr? Learn more.

                                                                      Similar

                                                                      Cell Structure
                                                                      daniel.praecox
                                                                      SAT Exam 'Word of the Day' Set 2
                                                                      SAT Prep Group
                                                                      GRE Word of the Day
                                                                      SAT Prep Group
                                                                      How to Develop the Time Management Skills Essential to Succeeding in IB Courses
                                                                      nina.stuer14
                                                                      Organic Chemistry Functional Groups
                                                                      linpubotwheeds
                                                                      GCSE Computing - 4 - Representation of data in computer systems
                                                                      lilymate
                                                                      The Anatomy of the Heart
                                                                      Shannan Muskopf
                                                                      GCSE AQA Physics - Unit 3
                                                                      James Jolliffe
                                                                      Of Mice & Men Themes - Key essay points
                                                                      Lilac Potato
                                                                      AQA GCSE Physics Unit 2
                                                                      Gabi Germain
                                                                      1PR101 2.test - Část 7.
                                                                      Nikola Truong
                                                                      Browse Library