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Path >> Step 2.1
What is a Budget?
There is nothing mysterious about a budget. It’s simply
a plan of money you expect to receive and how you expect to spend it.
A budget is important because it will show you:
- How much money is coming into your household.
- How much money is going out.
- How much you can afford to offer to those
you owe money to.
- How you can best plan your spending in the
future.
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Page Last Updated: 02/09/2005
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