A(n) _____ is a plan used to estimate how you intend to spend the money you have coming in over a period of time.

A(n) budget is a plan used to estimate how you intend to spend the money you have coming in over a period of time. It serves as a financial roadmap, helping individuals or organizations allocate their financial resources effectively to meet their needs, save for future goals, and avoid unnecessary debt.

Creating a budget typically involves listing all sources of income and all expenses, categorizing them into fixed and variable costs, and then setting limits on spending for each category. This process can help ensure that your spending aligns with your financial goals, whether they involve paying off debt, saving for a vacation, or preparing for retirement. Regularly reviewing and adjusting your budget as circumstances change is also crucial for maintaining financial health.