Question: 2) Develop a 3 point plan for the household to improve its financial wellbeing. What steps can it take to reduce i) debt and expenses,

2) Develop a 3 point plan for the household to improve its financial wellbeing. What steps can it take to reduce i) debt and expenses, ii) increase savings iii) manage risk?

Do research to ensure your plan is based on sound academic findings and cite these

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