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A budget contains detailed information about expected income and expenses over a specific period, typically broken down by categories such as fixed and variable costs. It outlines anticipated revenue sources, such as sales or investments, and allocates funds for expenditures like salaries, rent, and utilities. Additionally, it may include projections for savings and investments, helping individuals or organizations plan for future financial goals. Overall, a budget serves as a financial roadmap to guide spending and ensure resources are used effectively.

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5d ago

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