How do you budget money?
Make a list of all your expenses and prioritize by how important they are---like food, water, electric etc... then make a list of all your income/any money that you receive every month. Add up your expenses and see if you have enough money every month, if you have money left over after paying all your necessities then allow some money for non-necessities, like eating out, movies ect...Also include an amount, if able, that you can put towards savings every month, even if its a small amount.
If there is a limited amount of money, a budget is necessary. This means that a budget is almost always necessary. The reason is that a budget keeps spending in control. By knowing how much money can be spent on one thing, such as clothing, one can know that there will be money left over to buy another thing, such as groceries.
A devolved budget is allowing others tohave a say; in where the money in the budget goes.Taking responsibility for your actions and giving more freedom;to others in how the money is spent.Like what you might do with a community fund,allowing the particapation of the community as a whole;to decide where the money is spent