a budget is a plan of action expressed in.....
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Financial terms.
- A budget is a plan of action that is expressed in financial terms.
- A budget is a financial operation plan that includes an estimate of proposed expenditures for a given period of time or purpose, as well as the proposed means of financing them.
- It can even be described as a financial plan that lists anticipated expenses and income for a given time period.
- The primary goal of a budget is to achieve certain goals, whether financial or personal in terms of the individual's saving and spending.
- A budget aids in living within one's means by taking into account all household expenses, investment amounts, financial emergencies, and purchasing decisions.
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