Preview of the Tool
Newfoundland & Labrador edition
 
A budget contains a list of your planned and actual expenses and your income, which includes all of the money you receive from work, government and investments.
	
Income does not include sources of credit. For example, you should not include what is available to you to use on your credit card.
	
Using a budget helps you see exactly how you are spending your money so that there are no surprises.
	
A budget benefits you, so it is important to be honest with yourself when you are creating your budget.