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Jun 26, 2012 at 19:19 answer added Tim Whitcomb timeline score: 2
Jun 26, 2012 at 14:16 history edited Waddler CC BY-SA 3.0
My original question asked about savings, I meant the money in our checking account.
Jun 26, 2012 at 12:04 comment added user Like JoeTaxpayer points out, a budget deals with cash flow, whereas assets are dealt with on a balance sheet. They are related, but serve different purposes.
Jun 26, 2012 at 4:34 history tweeted twitter.com/#!/StackFinance/status/217475939242737664
Jun 25, 2012 at 21:30 history edited MrChrister CC BY-SA 3.0
edited tags; edited title
Jun 25, 2012 at 20:26 answer added JTP - Apologise to Monica timeline score: 3
Jun 25, 2012 at 19:32 comment added Dilip Sarwate In that case, see this answer to a recent question about how to account for savings when doing budgeting. Best of luck in your endeavors.
Jun 25, 2012 at 19:25 comment added Waddler Sure. I've heard it called zero-based; but yes, Income - outgo = 0 is what we're looking to do. #BalancedBugdet
Jun 25, 2012 at 19:01 comment added Dilip Sarwate Do you mean zero-sum budgeting? Zero-based budgeting is generally for government entities who assume that the budget approved for the current year is essentially approved for upcoming year and all that needs to be justified is changes from the current budget.
Jun 25, 2012 at 18:28 history asked Waddler CC BY-SA 3.0