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Show How to manage year's income Are you satisfied with the way you managed your income If not, says Rhea H. Gardner, Gard-ner, Extension Home Management Manage-ment and Furnishings Specialist, Special-ist, now is the time to develop a plan for spending what you expect to receive in 1967, so that you will be able to meet your obligations and have money mon-ey to spend for the things that are most important to you. A publication, "S p e n ding Family Income," EC 334, pertaining per-taining to everyday decisions with which families are confronted, con-fronted, is available at the county agents office. Impulse buying The purpose of a spending plan, Mrs. Gardner said, is to minimize impulse buying and unplanned expenditures, thus leaving you more money for the goods and services that are most important to you. The aim of a good plan is to give proper balance between present and future needs with neither sacrificing unduly to the other. It also allows for payments of debts as they become due and for anticipated future purchases. purchas-es. It is a plan for the balancing balanc-ing of funds requirements, means and ends. The sooner you start to plan how and for what your money is to be spent, the sooner your dollars will become your servant ser-vant and less your master. A spending plan cannot make an inadequate income adequate. It can, however, help avoid the use of limited funds for items which the family itself agrees are nonessentials. |