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You respond, “What you should do is create your own budget. A budget is a plan or record of income and expenses. It lists all your monthly incomes and expenses. When you subtract _________________________ from _________________________, what is left can be a _________________________, _________________________, or it could be _________________________. The reason having a _________________________ is bad is because _________________________. “Will my budget be anything like the government’s budget?” You respond, “They have similarities and differences. Some similarities include _________________________. Some differences include _________________________.
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