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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
budget. 1  an estimate, often itemized, of expected income and expense for a given period in the future. 2  a plan of operations based on such an estimate. 3  an itemized allotment of funds, time, etc., for a given period. 4  the total sum of money set aside or needed for a purpose: the construction budget.