Why should a person create a budget?

to limit or reduce one's level of disposable income

to exercise one's rights as a responsible consumer

to better understand where one's money comes from and where it goes

to develop and sustain a decent level of credit

A person create a budget to limit or reduce one's level of disposable income

Explanation:

A budget can be defined as a set of goals that is based or determined by owns saving, spending and where money received is invested.

In preparing a budget, we must endeavor to keep proper track of the accrued income and expenses incurred for the week or for the month.