A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.
In summary, the purpose of budgeting is to:
Sorry, no news articles match your request
Phys.org™ (formerly Physorg.com) is a leading web-based science, research and technology news service which covers a full range of topics.
Phys.org is a part of Science X network. With global reach of over 5 million monthly readers and featuring dedicated websites for hard sciences, technology, smedical research and health news, the Science X network is one of the largest online communities for science-minded people.Read more
Identify the news topics you want to see and prioritize an order.
Please, allow us to send you push notifications with new Alerts.