Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is difference between budget & budgeting

Answer Posted / ovenkat4

An estimation of the revenue and expenses over a specified
future period of time. A budget can be made for a person,
family, group of people, business, government, country,
multinational organization or just about anything else that
makes and spends money. A budget is a microeconomic concept
that shows the tradeoff made when one good is exchanged for
another.

Budgeting lies at the foundation of every financial plan. It
doesn’t matter if you’re living paycheck to paycheck or
earning six-figures a year, you need to know where your
money is going if you want to have a handle on your
finances. Unlike what you might believe, budgeting isn’t all
about restricting what you spend money on and cutting out
all the fun in your life. It’s really about understanding
how much money you have, where it goes, and then planning
how to best allocate those funds. Here’s everything you need
to help you create and maintain a budget.

Is This Answer Correct ?    4 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

2110


what is profitability ratio and dividend policy ratio

2102


Describe me accounting rules

1949


Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax

2822


What is balance sheet and off balance sheet?

1088


record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

3581


What GP resew of balance sheet taking.

2177


What are the major components of country's trade account?

2995


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

11437


What is the general entry for charge on bank overdraft

1499


sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.

3590


whether bills of exchnge can come under the category of reserves and surplus

1901


what are doucement required under registration of properity firm. give the answer breif

2015


Do you know the term account payable?

1041


Please explain the difference between provision and reserve?

1020