Budgeting helps set goals by estimating income and expenses on a monthly basis to determine how much to save and spend.
Budgeting involve calculating and documenting some stipulates amount of money that is said to be required during a production process.
Budgets include all expenses that will be accrued on a production and possible revenue or income that will be obtained.
Therefore, Budgeting helps set goals by estimating income and expenses on a monthly basis to determine how much to save and spend.
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