Components of a budget typically include:
- Income or Revenue
- Fixed Expenses (e.g., rent, insurance)
- Variable Expenses (e.g., groceries, entertainment)
- Debt Repayment
- Savings or Emergency Fund
- Profits (in business budgets)
- Capital Expenditures (for business budgets)
- Contingency Funds (for unexpected expenses)
- Budget rationale and overview in business contexts
Anything not related to these would generally not be considered a component of a budget. Please provide the list of options to identify which one is not a component of a budget.
