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( Budget) Budget (from French bougette, purse) generally refers to a list of all planned expenses and revenues. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting is to

The process of calculating the costs of starting a small business begins with a list of all necessary purchases including tangible assets (for example, equipment, inventory) and services (for example, remodeling, insurance), working capital, sources and collateral. The budget should contain a narrative explaining how you decided on the amount of this reserve and a description of the expected financial results of business activities. The assets should be valued with each and every cost.

The budget of a company is compiled annually. A finished budget usually requires considerable effort and can be seen as a financial plan for the new financial year. While traditionally the Finance department compiles the company's budget, modern software allows hundreds or even thousands of people in various departments (operations, human resources, IT etc) to contribute their expected revenues and expenses to the final budget.

Budget Subcategories

Budget Articles

Stay Fit as a Fiddle and Healthy on a Minimal Budget by Sandor Cruz
A person doesn't need a posh gym membership to be fit as a fiddle or keep fit. Openings to work out can be found everywhere. An individual just have to be creative in your advance. With our present fledgling economy, we must do everything to put each...

Skin Care Treatment In A Budget by Abeey Grace Yap
People say beauty is skin deep. And for centuries, beauty regimens and skin care recipes have been passed on from generations

to generations to keep their skin beautiful and radiant. The Egyptians were said to be the first to create natural ...

Why Choosing These Quality Treadmills Won't Break Your Budget. by Troy Blankenship
Just imagine the convenience of owning your own home treadmill. You won't waste time wading through endless traffic lights driving to and from the gym. You'll save yourself some serious money, as you won't have to fill up as often at the local gas st...

On a Budget: Dental Veneers by Theodore Michaels
In this day and age, more and more people are looking to spend less money on their cars, homes, and of course medical necessities. As such, they have been more meticulous in conducting research prior to shelling out any cash. While such meticulous ...

Skincare on a tight budget by Janice Wee
With money, you can buy virtually anything. Even beautiful skin.

You've probably heard about the legendary La Mer. The rich and famous clamour after that miracle cream. Then there is the myriad of beauty procedures like botox, dermabrasion...

Low Budget Skin Care That Works by Carol Belanger
We all want a natural and glowing complexion. Nobody wants lines or wrinkles, or age spots or blemishes. This is evidenced by the amount of dollars spent every year on cosmetics and miracle creams and lotions. While the cosmetic industry would li...

Health and Fitness on a Budget by Craig Burton
One benefit of spending many years as a student is learning how to live a healthy life on a budget. Here is a list especially for those who say it’s too expensive to live a healthy life. Preparation here is an important factor.

Say goodbye t...

Eating Healthy On A Budget by Gary Gresham
Think eating healthy on a budget is impossible? Many people believe that cutting back on food costs means that you can't buy healthy food anymore.

Some people even convince themselves that healthy weight loss is not possible unless they spen...

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