These resources are brought to you by the Cooperative Extension System and your Local Institution

Personal Finance Home

Budget or Spending Plan

Last Updated: November 14, 2006

View as web page


A budget is a plan for spending income expected to be received within a specific time. Revising such estimates is necessary periodically. When budgeted expenses exceed budgeted income, three alternatives are recommended: earn more income, cut back expenses, or a combination of the two.

Browse related Articles by tag: personal finance, glossary, financial security: financial planning process


Have a specific question? Try asking one of our Experts

Unlike most other resources on the web, we have experts from Universities around the country ready to answer your questions.


View this page: