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7y ago

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What is a plan to spend and save money called?

A plan to spend and save money is called a budget. It outlines expected income and expenses, helping individuals or organizations allocate funds effectively to meet financial goals. A budget can assist in tracking spending habits, identifying areas for savings, and ensuring that financial resources are used wisely.


What is money that is used to spend or invest called?

Play money


Do trust funds run out of money?

Yes, trust funds can run out of money; they can also last indefinitely, depending upon how they are managed and how they are set up. Nobel Prizes are paid for by a trust fund set up by Alfred Nobel; there is no expectation that the fund will run out and that the prizes will cease to be awarded. But funds have to be invested, and investments can do well or badly. And even if the money in a trust fund was invested wisely, that money can still be spent. For example, trust funds are often used to safeguard money for the benefit of people who are not yet adults and who cannot be trusted to spend their money wisely while they are still minors. But once they become adults (or when they reach whatever age is specified by the terms of the trust fund) they then have access to that money and can spend it. And if they can spend it, they can use it up. Of course, you could also devise a fund that only pays the interest on the fund, and never pays out the principal. That kind of fund can potentially last a long time, but again, only if the investment decisions are wise.


Why should credit be used wisely?

idddk


After filing a chapter 13 bankruptcy can I get a passport?

Yes, but if you are planning to leave the US, you should not leave until your chapter 13 plan has been approved. If you are going to spend a lot of money that is supposed to be in your plan, not being used to roam around the planet, you could find yourself facing federal charges on your return.

Related Questions

What was Shakespeare's important investment?

The answer is easy. He used the money wisely by building a theatre.


Why was algebra used?

Algedra is used because it help you with you money and how to spend your money.


What is money that is used to spend or invest called?

Play money


What is a plan in which the government cannot spend more money than it takes in called?

I'm sorry, I just know what term is used to define when a government IS spending more money that it takes in, it's called deficit spending.


How can resources be used wisely?

Natural Resources can be used wisely by sustinable development. Using them judiciously is another method.


What was marshall plan aid money used for?

to help Europe


What word do you use to talk about the movement of money and how people make a living?

source income,you need it for good and used it wisely just have a living


Is the word spend a verb?

Yes,because for example:You spend money.The verb is spend


What is a resource used wisely?

Poopis :)


Do trust funds run out of money?

Yes, trust funds can run out of money; they can also last indefinitely, depending upon how they are managed and how they are set up. Nobel Prizes are paid for by a trust fund set up by Alfred Nobel; there is no expectation that the fund will run out and that the prizes will cease to be awarded. But funds have to be invested, and investments can do well or badly. And even if the money in a trust fund was invested wisely, that money can still be spent. For example, trust funds are often used to safeguard money for the benefit of people who are not yet adults and who cannot be trusted to spend their money wisely while they are still minors. But once they become adults (or when they reach whatever age is specified by the terms of the trust fund) they then have access to that money and can spend it. And if they can spend it, they can use it up. Of course, you could also devise a fund that only pays the interest on the fund, and never pays out the principal. That kind of fund can potentially last a long time, but again, only if the investment decisions are wise.


What is Importance of vouchers in accounting for business performance?

Vouchers help to keep things in order. You can use them to find out who is spending what money and if it is being used wisely.


In France what money do they spend?

the Euro, since 2001 (introduced) 2002 (mandatory)