budgetrule
nounUK /ˈbʌdʒɪt ruːl/
US /ˈbʌdʒɪt ruːl/
A budgetrule is a simple rule that helps you decide how to spend and save your money.
My mom taught me a budgetrule: save half of my allowance before buying toys.
RELATED WORDS
OTHER MEANINGS
2. A fixed guideline used by a government or company to plan how much money it can spend.
The city follows a budgetrule that limits spending on new parks.
3. A personal habit for keeping track of money so you do not run out.
Her budgetrule is to write down every purchase in a small notebook.
4. A rule of thumb that divides money into parts, like spending, saving, and sharing.
The 50-30-20 budgetrule splits money into needs, wants, and savings.