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Chapter 3 - Budgeting

Horizontales
To match your bank statement with our checkbook
A copy of each check you write
A summary that shows total income and spending for a given time period
An item that is bought without previous planning
Verticales
Series of envelopes that are divided into categories
Occurs when money is withdrawn from a bank account and the available balance goes below zero
A cash flow plan that ends up equaling to zero
A written cash flow plan