A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a variety of individual or business needs or just about anything else that makes and spends money.
| Term of the Day | Words to Know | | | | Budget | A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money. | Read More » | SPONSORED BY INVESCO | The Complete Guide to ETFs | ETFs are becoming increasingly popular and soaring to new heights among investors. Invesco's insights can help you determine if these investment vehicles are right for you. | Learn More » | | Pay Yourself First | "Pay yourself first" means to automatically route a specified savings contribution from each paycheck at the time it is received. | Read More » | | Money Management | Money management is the process of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group. | Read More » | | | | | CONNECT WITH INVESTOPEDIA | | | | | |
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