A budget is a broad term that refers to a plan of income and expenses.
Every year, for example, the government announces the country’s budget.
A budget can even be for something, such as your own budget, a company’s budget, or even a budget for a specific event, such as a budget for a vacation or a wedding ceremony.
Budgeting is the process of creating a budget.
Post Disclaimer
Information provided on this website is for Educational & Informational purposes only and is not considered to be advice or recommendation of any kind whatsoever. Anyone who wishes to apply the concept & ideas contained in this shall take full responsibility. Readers should always do their own diligence on any information perceived from this site to form their own opinion and best judgments. Any action you take upon the information you find on this website (letsthinkwise.com), is strictly at your own risk.