Budget - A plan that shows how much cash is expected to be received and spent over a period of time. , Receipts - Money that you receive. E.g. Pocket Money or Wages, Payments - This is what you spend your money on. E.g. Phone Bill, Opening Balance - Money that you have at the start of the week/period, Closing Balance - Money that you have at the end of the week/period, Excel - Microsoft programme that is often used to carry out calculations,

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