What is personal and family consumption?

If we talk about personal consumption, this is everything that we consume at one time or another. These are all our personal needs. This includes food, entertainment, clothing, shoes, and the like. Items that are needed for one specific person. As for family consumption, there is something similar here, but the fact is that this is all consumption that applies to the family in the same way. For example, this is the consumption of water, heat in an apartment, light, TV, furniture and so on.