Answer:
Financial plan for a period or long is defined as Budget.( Plan which is based on income )
Hope it helps!
Answer:
An amount of money that is preemptively set in face of new financial decisions
Explanation:
It certainly is a plan for using income. But to be more specific, a budget is a set amount of money you plan on using for a certain event.
For example:
Budgets can be used within every financial aspect of our lives. If you still don't understand, you can always seek your parents for help as im sure they have a fair understanding and explainatinon for you to understand.
