Answer:

1.A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flow

2.Having a plan for the week's meals ensures that you go into the supermarket with a grocery list in hand. A list is so important because people usually spend up to 40% more when they don't have what they need written down.

3.The importance of saving money is simple: It allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen. And, if you have savings set aside for discretionary expenses, you may be able to take risks or try new things.

4.

-moral obligation to help a friend, to support a parent in old age

- or to minimally respect another's autonomy as a moral agent.

Answer:

•In my own word budgetingis a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.

• Because food is very important to everyone, we can't live without food that's why we can't work without food because our body needs that the most and so we need to allocate our budget for food so we can live longer.

• Because saving money is the way for preparing to our future is there were anything we wanted we can get through our savings.

• For example, one may have a moral obligation to help a friend, to support a parent in old age, or to minimally respect another's autonomy as a moral agent