noun · neutral

budget

/ˈbʌdʒɪt/BUD·get

Band 4-5speakingtask2

a plan that shows how much money you will earn and spend over a period of time

Examples

I set a strict budget for my monthly expenses so I don't overspend.

Students often live on a tight budget, especially at the start of term.

We need to cut costs because the department is over budget this year.

Band 8 sentence

I try to stick to a rigorous monthly budget so I can save for a year abroad without taking on extra work.

Collocations

  • set a budget
  • on a tight budget
  • stick to a budget
  • go over budget

Word family

budget verbbudget nounbudgetary adjectivebudgets noun (plural)

Common mistakes

in a budgeton a budget

money for somethinga budget for something

Say it for a higher band

5money6saving7+budget

Synonyms

spending plan

allocation

Easily confused

allowance

My monthly allowance isn't enough to cover my phone bill.

Related words

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In Shopping & Money

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