Personal Budget: Canada Debt .ca defines Personal Budget

Bankruptcy Term Personal Budget

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Canada Debt has the definition to the bankruptcy and debt term Personal Budget. Finding answers to terms such as Personal Budget can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Personal Budget in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Personal Budget' is used as follows:

A finance plan that allocates future personal income towards expenses, savings and debt repayment. Past spending and personal debt are considered when creating a personal budget. There are several methods and tools available for creating, using and adjusting a personal budget.