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.

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por Eric Delacruz

por song jiaxin

por stephie b

por Eric Blue

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