Budgeting language dictionary
Budget - A certain amount of money you can spend for that period of time
Surplus - an amount of something left over when requirements have been met; an excess of production or supply.
Deficit - the amount by which something, especially a sum of money, is too small.
Spend - buying things that you want/need
Savings - left over money that you don't spend, and so you save it up
Wants - things you want to buy
Needs - things that you need to buy to survive
Income - money received, especially on a regular basis for work or through investments.
Finance - the management of large amounts of money especially by governments or large companies.
Price - the amount of money expected, required, or given in payment for something.
Fees - a payment made to a professional person or to a professional or public body in exchange for advice or services.
Necessity - the state or fact of being required.
Exchange - an act of giving one thing and receiving another in return.
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