Family Finances

Immediate family is defined as a person’s parents, siblings, spouse, and children. This is the traditional definition of family, and is the one most often used when discussing family finances. What are the 7 types of family structures? The 7 types of family structures are: 1. Single-parent families 2. Extended families 3. Nuclear families 4. … Read more

Household income is the total income of all members of a household, including wages, salaries, investments, and other sources of income. It is typically used to measure the economic well-being of a household, and is often used as a metric to compare different households or groups of households. What is the top 5 of household … Read more