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You have to cut back on your expenses until the match is achieved. Otherwise you can not achieve a balance.

Alternatively, you could get a better paid or second job and boost your income to achieve a balance.

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12y ago

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Related Questions

How do you make budget?

write down all your expenses and income. include a portion of your income for miscellaneous expenses. subtract your expenses from your income; if the answer is a positive number, then you have a budget surplus; if the number is 0, then your budget is in balance; if the number is negative, then you have a budget shortfall


If unnecessary expenses have been removed from your budget what can you do if your expenses still exceed your income?

Work overtime or get another job.


A smart and realistic budget accounts for?

The ultimate goal of a smart and realistic budget is to ensure that your expenses do not exceed your income.


What can you do if your expenses still exceed your income Once all unnecessary expenses have been removed from your budget?

Work overtime or get another job.


What is the best way to keep to a budget?

You should make sure that all of your planned monthly expenses do not exceed your monthly income.


What two basic elements of a budget are income and expenses?

Actually, income and expenses are the two basic elements of a budget.


What is it called when your expenses exceed your income?

UNSUCCESSFUL


A budget is used to do which of the following?

Plan income and expenses.


What can you do in addition to cutting all unnessary expenses to make sure your expenses don't exceed your income?

Increase your income!


What is the difference between a family budget and a national budget?

A family budget is a financial plan that outlines an individual or household's income and expenses for a specific period, typically focusing on managing personal finances to ensure that spending does not exceed income. In contrast, a national budget is a government document that details the expected revenues and expenditures of a country for a fiscal year, encompassing broader economic considerations, public services, and investments in infrastructure. While both aim to balance income and expenses, a national budget involves complex factors such as taxation, public policy, and economic growth, whereas a family budget is more straightforward and personal.


What are two parts of a budget?

income and expenses


What is Part of keeping a budget involves?

Part of keeping a budget involves tracking income and expenses to understand where money is coming from and going. It requires setting financial goals, prioritizing spending, and making adjustments to ensure expenses do not exceed income. Regularly reviewing and updating the budget helps maintain financial discipline and achieve long-term financial stability.