budget

The amount of money you have to spend during a month.

• income

• expenses

• savings

The money you put aside.

• bank

• savings

• expenses

The money you spend in small luxuries.

• income

• discretionary expenses

• essential expenses

An estimate of income and expenditure for a set period of time.

• income

• discretionary expenses

• budget

Item that is considered a discretionary expense

• Gucci bag

• rent

• electricity

The regular payments made for housing.

• utilities

• discretionary expenses

• rent