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 about 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

                                                                      Vocabulário Inglês Básico
                                                                      miminoma
                                                                      Characters in "King Lear"
                                                                      eleanor.gregory
                                                                      English Vocabulary
                                                                      Niat Habtemariam
                                                                      Harry Potter Trivia Quiz
                                                                      Andrea Leyden
                                                                      GCSE English Literature: Of Mice and Men
                                                                      Andrea Leyden
                                                                      Characters in Lord of the Flies
                                                                      lowri_luxton
                                                                      Biology B2.3
                                                                      Jade Allatt
                                                                      C1 Quiz
                                                                      Leah Firmstone
                                                                      GRE Verbal Reasoning Vocabulary Flashcards 1
                                                                      Sarah Egan
                                                                      1PR101 2.test - Část 4.
                                                                      Nikola Truong
                                                                      Unit 1.1 Systems Architecture
                                                                      Mathew Wheatley
                                                                      Browse Library