Greetings steemians in this great community. I welcome you all to this awesome writing challenge and today I will showing my budget but before I show my budget I will first of all talk about budgert and it's types

Budget

source

Budget:this is simply a plan on how we spend our income. Anyone who always has a budget is noted as a wise spender because it helps one to know and manage the available income. Budgets can be either daily,weekly,monthly or even yearly depending on how once choice. Budget helps one to save and invest money for future use because without it you won't know how you spent your money.

It is very important to invest or save your money for future use so you won't be looking for money when the needs arises. It is better for one to save his/her money in U.S dollar because the rate of inflation in Nigeria currency is becoming too high. All this savings can only be done if one has a budget

types of budget

1. Balanced budget: this is a type of budget that is mostly practice by governmental organizations where the expenses are equal to the generated revenue. Balanced budget is very important because it helps government or an individual to meet their financial obligations without confusion

2. Deficit budget:this is a type of budget where the expenses is higher than the revenue making individuals/government to borrow just to meet up with the expenses.

3. Surplus Budget:this type of budget allows one to have enough money to save and invest because your expenses is always lesser while your income is higher .

my budget

Monday:this is really a stressful day and more expenses are required because you use it to plan how your week will look like.
Feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem), Data=300NGN(2.55 steem). Total for Monday=1700NGN(14.41 steem)

Tuesday:feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem),Data=100NGN(0.85 steem) I only roll over unused data plan. Total for Tuesday=1500NGN(12.72 steem)

Wednesday:feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem), Data=100NGN(0.85 steem). Total for Wednesday=1500NGN(12.72)

Thursday:feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem),Data=300NGN(2.55 steem). Total for Thursday=1700(14.41 steem)

Friday:feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem), Data=100NGN(0.85 steem). total=1500NGN(12.72 steem)

Saturday:feeding=1000NGN(8.5 steem), transportation=400NGN(3.39 steem),data=100NGN(0.85 steem), haircut=300NGN(2.55 steem). Total=2000NGN(17 steem)

Sunday:feeding=1500NGN(12.72 steem), transportation=600NGN(5.1 steem) I go to church and work on Sunday but some Sundays I don't go to church, offering=100NGN(0.85 steem),data=100NGN(0.85 steem). Total=2300NGN(19.5 steem)

weekly budget

Days	Amount in NGN	Amount in steem
Monday	1700	14.41
Tuesday	1500	12.72
Wednesday	1500	12.72
Thursday	1700	14.41
Friday	1500	12.72
Saturday	2000	17
Sunday	2300	19.5
Grand total	12,200	103.39

Grand total in 1 month is 12,200NGN(103.39 steem)×4=48,800(413.56 steem).
This above budget shows that I use a deficit budget because my income in a month is 16,000(135.6 steem) and I spend 48,800NGN(413.56).
Thanks for going through my post

Note:

Steem price=118NGN
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