personal finance

budget

A financial plan that estimates income and expenses over a specified future period.

Example

"They created a monthly budget to track spending and save for a vacation."

💡 Memory Tip

BUD-get — budding your money into categories helps it grow.

Etymology

From Old French 'bougette' meaning 'little bag' — the bag containing financial documents.

Common Misspellings

budjetbudgitbugdetbudegt

Related Terms

incomecash flow

See Also

expensesavings

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