Jim Johnson was laid off from his job two months ago. He just received an offer for a position that pays $\frac{3}{4}$ the salary of his old job. Why should he set up a financial plan?

Multiple Choice

To decrease control of his financial affairs regarding debt

To learn how to manage depending more on others

To increase the effectiveness of obtaining, using, and protecting his financial resources

To find out why he was laid off

To accept the loss of freedom from financial worries due to his new position