Why do people use a household budget?

A. To lower the cost of mortgage payments

B. To quickly increase their monthly income

C. To increase the value of investments

D. To effectively manage spending

Respuesta :

Answer:

D- To effectively manage spending

There are some reasons why people make use of household budget, one of this reason as regards the question is  D. To effectively manage spending.

  • household budget can be regarded as  detailed as well as specific and transparent data list containing all  form of income as well as  expenditure that is been used by a household.

Some of the items that can be found in the house hold budget are:

  1. Basic utilities.
  2. Transportation
  3. Groceries.
  4. Housing and insurance

  • This list is essential in order  to manage as well as review their accounts base on some time period whether monthly or  yearly.

Therefore, option D is right.

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