Basic Details
Word: Budget
Part of Speech: Noun
Meaning: A plan that shows how much money you have and how you will spend it.
Synonyms: Spending plan, financial plan
Antonyms: Overspending, extravagance
Idioms and Phrases
- Stick to the budget: To remain within your planned spending limits. Example: "To save for our holiday, we need to stick to the budget this month."
- Budget-friendly: Something that is affordable or inexpensive. Example: "This restaurant has many budget-friendly options for students."
Usage Examples
Example 1: Before going shopping, I always create a budget to keep my spending under control.
Example 2: Our school organised a budget workshop to help students learn about saving money.
Example 3: Creating a budget can help you understand where your money goes each month.
Fun Fact
Did you know that the word "budget" comes from the Old French word "bougette," which means "small bag"? It originally referred to the pouch used for carrying money.
Famous Quote
"A budget tells us what we can't afford, but it doesn't keep us from buying it." - William Feather
Multiple Choice Questions (MCQs)
1. What does "budget" mean?
a) A type of food
b) A plan for spending money
c) A kind of sport
d) A place to shop
Answer: b) A plan for spending money
2. Which of these is a synonym of "budget"?
a) Spending plan
b) Marketplace
c) Travel guide
d) Recipe book
Answer: a) Spending plan
3. Which sentence uses "budget" correctly?
a) We need to budget our homework.
b) She followed a budget for her birthday party.
c) The budget is flying in the wind.
d) They are budgeting their trip to outer space.
Answer: b) She followed a budget for her birthday party.
4. Which idiom means to remain within financial limits?
a) Stick to the budget
b) Cut corners
c) Break the bank
d) Cost an arm and a leg
Answer: a) Stick to the budget
5. What is the opposite of "budget"?
a) Saving
b) Overspending
c) Planning
d) Investing
Answer: b) Overspending
