Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.
Explanation:
but for me budget is like saving money on my own incase of emergency or what i want to buy i have budget cash left.
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Answer:
Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.
Explanation:
but for me budget is like saving money on my own incase of emergency or what i want to buy i have budget cash left.