CEFR B1

spending plan

noun phrase

Meaning

A systematic strategy for allocating income toward expenses, savings, and debt repayment over a set period.

Examples

We need to adjust our spending plan now that our utility bills have increased.
Financial advisors recommend that every household maintain a clear spending plan to avoid unnecessary debt.

Synonyms: budget, financial plan, fiscal policy

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spending plan (B1)

noun phrase

Pronunciation: /ˈspɛndɪŋ plæn/

Definition

A systematic strategy for allocating income toward expenses, savings, and debt repayment over a set period.

Examples

We need to adjust our spending plan now that our utility bills have increased.
Financial advisors recommend that every household maintain a clear spending plan to avoid unnecessary debt.
Sticking to a strict spending plan allowed them to pay off their student loans two years early.

Synonyms of spending plan

Words with a similar meaning to spending plan:

Antonyms of spending plan

Words with the opposite meaning to spending plan:

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