Budget, budget
It pays to have a budget!
You can get the most out of your money with a budget
A budget is a plan for using money you earn
Keeping track of where it goes is important to learn
You need to stick to your decisions in the budget you've made
So your money won't run out before the next time you're paid
Now, "income" is for the money you get
From a job like mowing lawns or walking a pet
But you've also got expenses, so there's money to pay
For the things you need and want, and you may give some away
Budget, budget
It pays to have a budget!
Your budget shows the money you expect to bring in
Compared with the amount you're intending to spend
If your income is greater than expenses, hooray!
You've got a surplus that's extra to spend or save
But if your income is less than the expenses, you expect
That's a deficit, a problem you'll need to correct
By using money that you saved, or you can cut what you spend
Or even borrow from someone who has money to lend (here you go!)
Thank you, friend!
If your income and expenses are exactly the same
You've got a balanced budget, you may have heard the name
A budget helps you plan for the spending you'll do
So until you're paid again, your money carries you through
And maybe you can keep a little extra too
Budget, budget
It pays to have a budget!
You can make your dreams come true with a budget