Budgeting Flashcards
1
Q
On a budget, what 5 headings are there?
A
Income, essential, non essential, total spending, surplu/deficit
2
Q
Why do a budget?
A
- to save money
- to be better with how you spend your money
- making sure you have enough money for living
- to pay off debt
- to have enough money for a car or house
3
Q
What is a budget?
A
A plan of expected future income and expenditure for a set period of time
