What is budget in a sentence? (2024)

What is budget in a sentence?

Someone had furnished the place on a tight budget. There can be more room in the budget for better foods if meat is kept to a minimum. The hospital obviously needs to balance the budget each year. The Chancellor could use the Budget to bring in taxation reforms.

What is a budget simple answer?

A budget is a plan you write down to decide how you will spend your money each month. A budget helps you make sure you will have enough money every month. Without a budget, you might run out of money before your next paycheck. A budget shows you: how much money you make.

How do you answer what is your budget?

What is a budget in an essay?

A budget is a planning instrument expressed in quantitative terms. It generally gives the costs incurred in a certain period and compares them to the revenues earned in that period. In a case where the revenues are more than the expenditures, the budget is a surplus budget.

How do you use budget line in a sentence?

Each point on the budget line has to exhaust all $56 of José's budget.

How do you use over budget in a sentence?

Although I was 23 years old and dreaded losing my job for going over budget, I wearily said, “Done.” The debate over budget austerity as the path to recovery from depression reminds me of a story told of Albert Einstein. The high risk pools turned out to be extremely undersubscribed, yet nonetheless over budget.

What is a budget definition for kids?

A budget is a plan for saving and spending. It looks at the money you get and the money you want to spend. By comparing the money you have coming in and going out, you can see what you can afford to spend, or where you need to cut back.

What is a budget in one word?

Definition of budget. as in fund. a sum of money set aside for a particular purpose we've spent a little more than our budget this year. fund.

What's a budget for kids?

A kid's budget can be a simple three-column sheet with the words “goal, savings, and cost.” On this sheet, your child may list their goal, when they would like to achieve it, the amount of money they earn in that time, the amount they will save, and the cost of the goal.

How to do a budget example?

Try the 50/30/20 rule as a simple budgeting framework. Allow up to 50% of your income for needs, including debt minimums. Leave 30% of your income for wants. Commit 20% of your income to savings and debt repayment beyond minimums.

What is the purpose of a budget answers?

Having a budget helps you get a clear idea of how much money you have every month, and how much you can afford to spend while still saving for emergencies and financial goals. Understanding where you are spending money can also give you clarity on how to divide it amongst your needs and wants.

What is your overall budget?

Your budget is the amount of money that you have available to spend. The budget for something is the amount of money that a person, organization, or country has available to spend on it.

What are the 3 main points of a budget?

Any successful budget must connect three major elements – people, data and process. A breakdown in any of these areas can have a major impact on your results. How do you bring together the 3 essential elements of a budget?

How to budget for dummies?

What is an example sentence for low budget?

This film is low-budget too, but with a knowing sophistication and sharp writing. It's done reasonably well for an obviously very low-budget film. This low-budget comedy is great fun, but the sequels are best avoided. This being a low-budget movie, there are precisely no extras in this large town who actually notice.

How do you use line in a sentence?

Examples of line in a Sentence

After three hours on the road, they finally crossed the state line. Their yards were separated by a line of trees. Everybody had to get in line and wait their turn. The people were waiting in line.

What is a budget grade 4?

A budget is a plan that helps you manage your money. It shows you how much money you have, how much money you need to spend on different things, and how much money you can save or use for other goals.

What is a budget grade 7?

A budget is a written plan on how to spend future income. It is a written document showing the planned income and the estimated expenses of a persons or a business for a specific period of time in the future, for instance, a month or a year.

What is budget definition and types?

The budget of a government is a summary or plan of the anticipated resources (often but not always from taxes) and expenditures of that government. There are three types of government budgets: the operating or current budget, the capital or investment budget, and the cash or cash flow budget.

What is the 50 30 20 rule?

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What are some benefits of learning to budget now?

What is a budget elementary school?

The simplest way to explain budgeting to your child is a plan that helps them get more from their money. A budget will show them exactly what they have available to spend and help them reach savings goals sooner.

What priority is the four walls?

Personal finance expert Dave Ramsey says if you're going through a tough financial period, you should budget for the “Four Walls” first above anything else. In a series of tweets, Ramsey suggested budgeting for food, utilities, shelter and transportation — in that specific order.

Which is not a form of income while you are in school?

The correct answer is Credit card. While savings, family contributions, and student loans are all forms of income that a student may have while in school, a credit card is not considered a form of income.

How can you save for your goals faster?