"Any sensible family has a budget that lays out how much will be spent for household and other purposes. Without such planning, things would quickly go awry"

This quote by Walter Ulbricht emphasizes the importance of budgeting for families. He suggests that without a budget plan, things would rapidly end up being chaotic and disorganized. A budget is a plan that outlines how much money will be spent on household and other costs. It helps households to remain arranged and on track with their financial resources. By having a budget plan, households can ensure that they are not spending beyond your means and can conserve money for future requirements. A budget plan likewise helps families to prioritize their spending and make certain that their money is being used in the most effective way. In conclusion, Walter Ulbricht's quote highlights the importance of budgeting for families in order to keep monetary stability and organization.