Budget Theory

Budget theory examines how individuals, businesses, and governments plan and allocate their financial resources. It explores the principles guiding decisions on spending, saving, and investing to achieve goals like stability, growth, or efficiency. The theory considers factors such as income, expenses, priorities, and economic context, aiming to understand the most effective ways to manage money over time. Essentially, it provides a framework for understanding how financial plans are created, adjusted, and optimized to meet specific objectives while maintaining fiscal responsibility.