Savings and making deposits can be a part of a short term goal by making a budget for being able to purchase a new laptop.
What is a budget?
Budget is related to estimation of costs that will be incurred and thus making allotments and provisions for the goal behind such forthcoming events.
To purchase a new laptop, one may set aside an amount of income or amount of wealth available with a person in a savings account or by making deposits for the same.
Hence, the method of setting aside budget for the purpose of buying a new laptop is mentioned above.
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