Balanced Budget

A balanced budget occurs when an individual's or household's expenses match their income. Key components of a balanced budget include fixed expenses, which are consistent monthly payments such as rent, car payments, and insurance.

Lisää tämän kaltaisia

luonut Eric Blue

luonut Jewel Manong

luonut Zhenhuan Ou

luonut Alin Bogdan Vacian

A balanced budget is when our expenses and income are equal

Income Money we are paid

Expenses money we pay out every month

Variable Expense-amount of money changes from month to month

Fixed Expense-money stays consistent from month to month