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What is a budget?

a. only a savings plan
b. a savings and spending plan
c only a spending plan


Sagot :

What is a budget? c only a spending plan

What is a budget?

A budget is an estimate of revenue and expenses over a period of time. It is also the process of creating a plan to spend your money. This spending plan is called a budget.

Having a budget allow one to determine in advance whether you will have enough money to do the things you need to do or would like to do.

Therefore, a budget is only a spending plan.

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