Answered

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Why do people use a household budget?

A. To quickly increase their monthly income
B. To increase the value of investments
C. To effectively manage spending
D. To lower the cost of mortgage payments

Sagot :

GinnyAnswer

Final answer:

Household budgets are essential for managing spending effectively and ensuring financial stability by allocating money wisely.


Explanation:

Household budgets are utilized to effectively manage spending by ensuring that income covers expenses. By creating and adhering to a budget, individuals can allocate their money wisely, avoid overspending, and work towards financial goals. It helps in planning for expenses, savings, and investments, ensuring financial stability.


Learn more about Household budgets here:

https://brainly.com/question/31622123


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