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Budgeting (2)
BUDGETING (2)

Definition: The practice of planning to spend an amount of money for a particular purpose.
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* All seven elements should be in.


1. Purposeful and necessary to plan.

2. Particular purpose is specific and identifiable (to emphasize).

3. Purpose is important to planner (= spender), whether legal or illegal.

4. Money is available or particular sum is sure to be available.
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See perfect REASONABLENESS (1).


Quote: "We didn't actually overspend our budget. The allocation simply fell short of our expectation". - Keith Davis.
Below the Line
5. Planning is detailed and plan is/was drawn up by owner and/or the person planning to spend money.

6. Planner or proposed spender has not given up on life, even if terminally ill (but certainly not brain dead). That is, person making plans is with the full faculties, at the time of planning.
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See perfect TABULATION.


Quote: "The wisest word man reaches is the humblest he can speak". - Elizabeth Barrett.



further below the line


7. Planning serves purpose(s), that is, was kept. In other words, no expenditure was made outside the plan.
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See perfect EXPENDITURE (1).


Quote: "Any truth is better than indefinite doubt". - Arthur Conan Doyle.

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