Income for welfare

Posted in Wealth Building on June 9th, 2010 by admin

In the present day human society, money factor is most important parameter for all-round development for man. Money is the medium of exchange for essential commodities and services. In the past the situation was different and people were leading simple life staying in the villages, surrounded by ample of natural resources. They were able to manage the household expenditures from agriculture and forest resources. Subsidiary income of family was added from ways in lieu of physical labour. The conditions were simpler and struggle for existence was man kindly negligible.

Now- a- days human society is passing through a very hard time. People gather more resources to get the modern comforts. In this context income source of the family, stands in forefront for all-round development. Therefore each individual of the family is keen to earn.

Income, literarily means money sources or capacity to earn. The family is a social structure consisting of hereditary members living under one roof with a composite living style. But the family definition now has been radically changed to a great extent. People want to maintain a small family of European style consisting of husband, wife and one or two children. Therefore, family income in a large way differ from different families. Read more »

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