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The monthly expenditure of a family is represented in the pie chart shown below.
Write a paragraph in about 100-120 words, analysing the information in the pie chart to support your stand on how the family is using the money wisely.
Answer:
The monthly expenditure of a family is represented in the given pie chart. Food and education make up 30% and 25% respectively of their monthly expenses. The family spends the most on these two areas. Miscellaneous items come next in order of percentage, that is, 20% which comprises of money spent on both essential and luxury goods, such as, clothes, gadgets, vacations, etc. Health care and rent take up 10% each. Transportation takes up the last 5% of their monthly expense. Overall the data shows that the family does maintain a good balance on expenditure. After spending on food, they have spent a significant amount on education. Spending 25% on it shows that the family gives it a lot of importance. About 80% of the total money is spent on liabilities, and the remaining 20% is spent on other items. In conclusion we can say that this family spends its money wisely indeed.
