Homonym: smaller budget (Economics)
A "smaller budget" refers to a financial plan that allocates limited resources for spending. This can apply to individuals, families, businesses, or projects that need to manage their expenses carefully. A smaller budget often requires prioritizing essential needs over wants, ensuring that necessary costs are covered while minimizing unnecessary expenditures.
When working with a smaller budget, people may seek cost-effective alternatives, such as using coupons, shopping during sales, or choosing generic brands. This approach encourages creativity and resourcefulness, helping individuals and organizations achieve their goals without overspending.