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Think of it this way...you have $200. About 1/4th of it is for housing, so that leaves you will $150. You need heat, air conditioning, lights, and water...subtract another $30. Now you have $120. You need to eat, right...Bang, $50 down the tubes. Which leaves $70. Got to get to work! More money...$25. Leaves $45.
So $45 is all you got to play with. Entertainment, gifts, the whole rest of your life. How would you have known all this if you hadn't made a budget? A budget tells you how much money you can spend AFTER all the necessaries have been paid. Don't forget your retirement...five dollars in the savings account. So you have $40 out of that $200 that you started with. While the $200 sounds excellent...it doesn't sound so good after all the basics are covered.
The Budget can keep you financially afloat in hard times.
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∙ 14y ago
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Is fixed budget is revolving budget?
NO. Do you need more to know??
How does a budget differ when you have an irregular income vs a predictable income?
If a person has predictable income this means that they can create a budget that stems out for weeks or months without having to change it much. A person with irregular income streams will need to create a budget with shorter time frames as they will need to make adjustments more often. It is best to budget irregular income on a weekly or bi-weekly basis.
What should be considered when reviewing a budget?
The answer to this question can very depending on what type of budget you are talking about ... But the golden rule when making a budget is to see what you need and what you can do with out ... Now also you need to have some "Rainy day" money(s) as will ...
What should you do before beginning to design your budget?
you should make a plan that's going to fit your budget...
What is the purpose of a budget?
To make sure expenses are below income
An important problem in evaluating public projects through the use of cost benefit analysis is that?
You can find out what you need to have as your budget. Sometimes you need to make adjustments in order to stay within the budget.
What was the Production Budget for Need for Speed?
The Production Budget for Need for Speed was $66,000,000.
What kind of sound does a buffalo makes?
Buffaloes typically produce low grunts, snorts, and bellows. They are not known for vocalizing as much as some other animals.
Why is there a need to study math?
So that you can do the basic things necessary to be successful in life. You need to be able to make a budget, make change, track costs and take care of things.
Is fixed budget is revolving budget?
NO. Do you need more to know??
When setting up a budget what do you need to keep in mind?
what do you need to keep in mind when setting up a budget
How much should you budget for kawaii?
no offence but you need more info like your how much money you make in your question.
What do you need to set up a budget?
Budget creation links below.
How does a budget differ when you have an irregular income vs a predictable income?
If a person has predictable income this means that they can create a budget that stems out for weeks or months without having to change it much. A person with irregular income streams will need to create a budget with shorter time frames as they will need to make adjustments more often. It is best to budget irregular income on a weekly or bi-weekly basis.
Make A Budget?
If you are drowning in debt, you need to get your finances in order before you have to file for bankruptcy. Make a list of all of your income, and then make a list of all of the bills you have to pay. Set up a budget for each month that will cover all of the most important items you have to pay that month.
When need a budget revision?
kannina
When is manufacturing cost budget prepared?
manufacturing budget is prepared after the revenue, production and direct metrical usage budget because u need the solution from the production budget
