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Are savings and budget the same?

Updated: 9/18/2023
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Wiki User

13y ago

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No. They are different because savings is saving money and budgeting is using your money wisely.

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13y ago
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Q: Are savings and budget the same?
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What a IT budget should be of the total budget of a company?

savings and mis


What is the primary disadvantage to having to having a total consumption budget?

With a total consumption budget, there is no net income or savings.


When your expenses are less than you budget is called?

savings


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With a total consumption budget, there is no net income or savings.


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Does government budget deficit reduce public or national savings?

Government deficit reduces public savings (=saving of the government). Yet, the government can decide to finance the deficit by private savings (bonds, credit, etc). In this case, a part of national savings can be used to finance the gov. budget deficit. But this is not by definition, it is the action of the govenment.


Is cooper and mastercraft the same TIRE company?

Yes, Mastercraft is one of Cooper's private label brands. Value for money, but really just the same thing minus the mark/adv budget. Hence the savings.


Why should you treat savings as an expense in your budget?

To guarantee you save instead of spend the money.


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