To plan your costs and expenses effectively, it is essential to develop a budgeting process, which will help you organize financial resources for a period.
It corresponds to the process of identifying and forecasting revenues for a period, in order to assign values that should be spent on costs and expenses, whether organizational or personal, for example.
Therefore, planning a budget ensures that financial resources can be allocated effectively to each need, helping to organize and use resources in line with objectives and goals.
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