Budgeting language dictionary

       Budgeting language dictionary

So last week we have been learning about budgeting. Like have much you have or not. For need you need something that you want.

 

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