Home Science · Family Resource Management
What is the primary purpose of creating a personal or household budget?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To encourage impulsive buying behavior
- 2To track income and control expenses effectively✓
- 3To minimize savings allocated for future goals
- 4To increase spending on non-essential luxury items
Correct answer
To track income and control expenses effectively
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