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What is the difference between a budget deficit and a budget surplus?

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      A budget deficit happens when you spend more money than you have, like when your expenses exceed your income. It's like having a month where your credit card bill is higher than your paycheck. On the flip side, a budget surplus occurs when you have more money than you need for your expenses. It's ak‫اقرأ المزيد

      A budget deficit happens when you spend more money than you have, like when your expenses exceed your income. It’s like having a month where your credit card bill is higher than your paycheck.

      On the flip side, a budget surplus occurs when you have more money than you need for your expenses. It’s akin to having some cash left over after paying all your bills for the month.

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