Question 15
Richard has struggled financially in recent months. He decided to establish a household budget to help him resolve his problems. Why will Richard benefit from this decision?

A
It will help Richard limit the risk of his financial investments and make sure that he is able to receive a high return.

B
It will help Richard decrease the amount of money he needs to save to meet his major financial goals each month.

C
It will help Richard increase his monthly income and reduce the amount of taxes he is required to pay to the government.

D
It will help Richard responsibly manage how he spends his monthly income and eliminate any unnecessary expenditures.