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budgeting

/ˈbʌdʒ.ɪt.ɪŋ/

[/ˈbʌdʒ.ɪt.ɪŋ/]

planning spending

Intermediatenoun

Definition

The act of planning how to spend and save your money over a period.

Example

Careful budgeting let the young couple take a holiday without going into any debt at all.

Careful budgeting let the young couple take a holiday without going into any debt at all.

Etymology

From Old French 'bougette', a little bag for money, from Latin 'bulga'.

How & Where It’s Used

A key personal-finance skill of planning income against expenses.

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