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- Budgeting is the process of calculating how much money you must earn or save during a particular period of time, and of planning how you will spend it12. It is a strategic planning process that businesses use to plan how they will spend their money in the future3. To make a budget, businesses look at how much money they made (revenue) and spent (expenses) in the past and use that information to predict how much money they will make and spend in the future3. Budgeting is a systematic approach that predicts revenues and expenditures of an individual, family, group, business entity, or government4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.budgeting noun [ U ] FINANCE, ACCOUNTING uk / ˈbʌdʒɪtɪŋ / us Add to word list the process of calculating how much money you must earn or save during a particular period of time, and of planning how you will spend it:dictionary.cambridge.org/dictionary/english/budgetingbudgeting meaning: the process of calculating how much money you must earn or save during a particular period of time….dictionary.cambridge.org/us/dictionary/english/bud…Budgeting is a strategic planning process that businesses use to plan how they will spend their money in the future. To make a budget, businesses look at how much money they made (revenue) and spent (expenses) in the past and use that information to predict how much money they will make and spend in the future.www.educba.com/what-is-budgeting/Budgeting is a systematic approach, that predicts revenues and expenditures of an individual, family, group, business entity, or government.www.wallstreetmojo.com/budgeting/
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- Originlate Middle English: from Old French bougette, diminutive of bouge ‘leather bag’, from Latin bulga ‘leather bag, knapsack’, of Gaulish origin. Compare with bulge. The word originally meant a pouch or wallet, and later its contents. In the mid 18th century, the Chancellor of the Exchequer, in presenting his annual statement, was said ‘to open the budget’. In the late 19th century the use of the term was extended from governmental to other finances.
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WEBApr 25, 2024 · A budget is a spending plan based on income and expenses. In other words, it’s an estimate of how much money you’ll …
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