Homonym: Budget (Estimate)
A budget is a plan that helps you manage your money. It shows how much money you have coming in, like your salary or allowance, and how much you spend on things like food, rent, and entertainment. By creating a budget, you can see where your money goes and make sure you don’t spend more than you earn. This helps you save for important goals, like a new car or a vacation.
To create a budget, you can use tools like spreadsheets or budgeting apps. Many people also track their expenses using a simple notebook. Sticking to your budget can help you avoid debt and achieve financial stability, making it easier to plan for the future.