Budgeting meaning different things to different people. Some people look at it as only having $100 a week to spend, and you need to pick how much you spend on what items. Other people look at it as spending still spending a $100 a week, but $50 is for groceries, $10 is for gas, and the rest is for activities. No matter how you look at budgeting, it all comes down to setting a limit on how much you can spend in a given time frame or at a given location.
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