householdbudget
nounUK /ˈhaʊshəʊld ˈbʌdʒɪt/
US /ˈhaʊshoʊld ˈbʌdʒɪt/
A plan for how a family will spend and save its money.
Our household budget helps us pay for food, rent, and fun without running out of money.
OTHER MEANINGS
2. The total amount of money a family has available to spend over a period.
Their household budget is tight this month after buying a new car.
3. A written or digital record of a family's planned spending and saving.
She keeps the household budget in a spreadsheet on her laptop.
4. The process of planning and managing a family's money.
Household budget planning takes time but prevents surprises.