We have been set a task to either make a crossword or dictionary about words realting to budgeting. The words budget, surplus, deficit, spend, savings, wants, needs, income, finance, price, fees, necessity, exchange.
Budget: An estiamtion on how much will be spent and recieved over a set time. Often used as a word to describe a set amount of money a person or business has.
Surplus: A surplus is when a requirement has been met and there is still left over resources or funds. Having left over resources when your task is completed.
Deficit: A deficit is when you have to little of a resource or not enough funds. The deficit is the amount of how small this amount is.
Spend: Spending is a form of getting rid of something and receiving another. Spending is often said when you buy something with money.
Savings: Savings is maintaing money and spending as little or less then needed. Maintaning money or a resource that doesn't need to be spent.
Wants: A want is something that isn't necessary to live but makes life easier or more enjoyable to a person or people. Its an item or service you can live without.
Needs: Needs are necessary to keep yourself alive and healthy enough to live life until age, an uncontrable disease or incident.
Income: How much you earn from a service or job you put in effort to work on. This could be recieving money or another form of pay.
Finance: Finance is managing an amount of money usually a large amount. Usually used with a governments or large companys use of money.
Price: The cost of an item or service. The amount of money or a resource spent to obtain another product or service.
Fees: Any expense enforced by government or a provider. An amount paid to a professional person.
I used google for some of this research.
It was interesting seeing what google said vs what i thought.
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