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The video tutorial explains how to calculate the total cost for a family of five, which amounts to 600 pounds.

What is the primary focus of budgeting for a family of five?

• Buying a new car

• Investing in stocks

• Managing daily expenses

• Saving for a vacation

How much is the total expense calculated for the family?

• 800 pounds

• 700 pounds

• 600 pounds

• 500 pounds