Definition: The amount of money or resources earmarked for a particular institution, activity or time-frame.
Alright class, settle down now, let’s talk about budgets, how!
It’s a really important word, you see,
To help us plan financially, happily!
That dictionary definition, it's quite clear,
Let’s break it down, banish all fear.
“Earmarked” means set aside with care,
A specific amount, beyond compare.
Think of a school trip, a grand delight,
We need a budget, shining bright!
Or maybe a project, big and bold,
A budget’s the story to be told –
Of how much money we'll spend with grace,
To reach our goal in this time and space.
It's for an institution – like a school or store,
For an activity - wanting something more!
And also a timeframe, you understand?
Like a month, a year, across the land!
So a budget is simply this, it’s true:
A plan of how we'll spend what’s due.
Does that make sense to you all today?
Any questions? Don’t be shy, they say!