budgeting (B1)
noun
Pronunciation: /ˈbʌdʒɪtɪŋ/
Definition
The process of creating a plan to spend your money, often for a specific period, by estimating income and expenses.
Examples
Effective budgeting helped them save enough money for a down payment on a house.
Many households find that careful budgeting is essential to avoid debt.
The company's budgeting department is responsible for allocating funds across different projects.
How to Use budgeting
- do budgeting (collocation)
- To perform the act of creating and managing a budget. — "We need to do some serious budgeting before our vacation."
- budgeting for (prepositional phrase)
- Planning expenses for a specific item or event. — "Are you budgeting for a new car next year?"
- budgeting process (collocation)
- The series of steps involved in creating and approving a budget. — "The annual budgeting process can be quite complex for large organizations."
Synonyms of budgeting
Words with a similar meaning to budgeting:
Antonyms of budgeting
Words with the opposite meaning to budgeting:
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