{"id":780,"date":"2020-08-18T14:34:20","date_gmt":"2020-08-18T14:34:20","guid":{"rendered":"https:\/\/www.rabio.eu\/rabio\/?p=780"},"modified":"2021-10-11T09:09:47","modified_gmt":"2021-10-11T09:09:47","slug":"family-budget-expenses","status":"publish","type":"post","link":"https:\/\/www.rabio.eu\/rabio\/2020\/08\/18\/family-budget-expenses\/","title":{"rendered":"Family Budget Control Demo Project"},"content":{"rendered":"\n

Rabio comes with an online demo available 24\/7 and free for everyone who wants to check the basics of how it works.<\/p>\n\n\n\n

Right now the demo includes projects which are easy to understand and operate. In this post, we are going to check on the Family Expenses demo project.<\/p>\n\n\n\n

\"family<\/figure><\/div>\n\n\n\n

What is a Family Budget?<\/h4>\n\n\n\n

A family budget is a financial structure (or else a system) that presents how a family’s money (or else the family’s income) is distributed between different expenses, like house expenses, car costs credit card payments or any other. <\/p>\n\n\n\n

Family’s money is distributed into various categories, including income and expenses. When to trying to control a family budget your goal is to spend less than you earn.<\/p>\n\n\n\n

On Quora<\/a> there is also an interesting answer on question “What is family budget?<\/a><\/strong>“.
See it here.<\/a><\/strong><\/p>\n\n\n\n

It is all about family control<\/h4>\n\n\n\n

The aim of this demo project is to keep a family’s yearly budget under control. For sure this demo is not a real case scenario as this is not possible. After all, every family is a unique financial case. What we hope this demo can do is to give anyone who is interested in Rabio<\/a>‘s recording and reporting capabilities.<\/p>\n\n\n\n

A yearly budget is based on a cost breakdown structure based on centers and categories of expenses.<\/p>\n\n\n\n

Centers Breakdown<\/h4>\n\n\n\n

The breakdown structure of centers is based on groups of centers and centers like: <\/p>\n\n\n\n