Budget spending

This is a plan of estimated income and spending for a period of time.

• Estimate

• Deficit

• Budget

• Savings

This is a guess of future events based on past experience and information available.

• Estimate

• Deficit

• Budget

• Savings

This is Money received, can be earned or unearned.

• Variable spending

• Deficit

• Income

• Savings

This is Money paid.

• Variable spending

• Deficit

• Income

• Spending

This is any excess of spending over income.

• Variable spending

• Deficit

• Surplus

• Spending

This is any excess of income over spending.

• Variable spending

• Deficit

• Surplus

• Spending

This is any spending which can change each period.

• Variable spending

• Deficit

• Surplus

• Fixed spending

This is any spending which does not change each period.

• Variable spending

• Deficit

• Surplus

• Fixed spending

This is any spending which does not change each period.

• Variable spending

• Deficit

• Surplus

• Fixed spending

This is any excess of income over spending.

• Variable spending

• Savings

• Surplus

• Fixed spending