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Do we need to create a budget for family financial ?

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Icon Mini Profile bonyaja





Joined: 29 Oct 2008

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Post Posted: Wed Oct 29, 2008 7:02 pm    Post subject: Do we need to create a budget for family financial ?
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Do we need to create a budget for family financial ?
Icon Mini Profile bearboysj
bearboysj




Joined: 25 Oct 2008

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Post Posted: Wed Oct 29, 2008 9:31 pm    Post subject:
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It's always good to have a budget for your family .. but is it required to obtain a home loan? No.
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Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Fri Oct 31, 2008 12:36 am    Post subject:
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Hi bonyaja!

Yes, its important to have a budget for your family. You can consult a reputed financial adviser and get a budget drawn for yourself and your family. However as "bearboysj" has said budget is not necessary to get a home loan.

Thanks.
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