Keeping record of household expenses -- a worthwhile habitMy parents, who are now dead and gone, would religiously write the monthly expenses and my mother would "review" such expenses and save money by whatever means possible. Even in those good old days -- thirty years ago -- the prices of edible oil were quite high, and my mother would avoid the deep fry items for the next month. She was a Finance Manager par excellence, as she admirably brought up four children and today, all of us have incomes that would have a multiple of at least forty of the last income of my father, who retired from the prestigious BHEL as a senior HRE professional. The salaries shot up through the roof after my father retired. That is the very sad part of the story.
Today, none of us write any account. We would spend the money, and then look backwards as to what happened. Since no one would even know where the money went, it is our shame that the household maid would remind us of an Amazon parcel that reached our house two weeks ago, and accounted for a neat Rs.6000/-
That generation is gone, or is on its way out. Today, how many youngsters, married with children, have accounts of their household expenses. If there are interesting cases, members may please record such instances.