Household budget
Expenditure
Irregular
Distrecionary
Fixed
Mortgage
Car tax
House Insurance
Entertaiment
Clothes
Holidays
Telephone/tv/broadband
Petrol
Household costs
Expenditure means money that is coming out of your household
Income
Salary
Child benefit
Net cash
What is net cash?
Net cash is the amount of money you have left over when you take away your total income from your total income
Budget
What is the meaning of a budget
A budget is a plan of your expected income and expected expenditure for a particular period
Budgeting
What is the meaning of budgeting
The process of matching your expected income with your expected expenditure for a particular period
Budget surplus
Budget surplus means that a person has more total income then total expenditure
Budget deficit
Budget deficit means that persons total expenditure is greater than there income