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(Blank) is a plan in which an individual balances available resources and expenses.

User Zully
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Answer:

budget

Step-by-step explanation:

A budget is a tool that shows how an individual, organization, or a country wishes to spend their expected income. It is a plan of how to spend estimated income for a specified known period. Budgets help prioritize expenses and point out funding deficits.

Budgets require balancing income with expenses. The individual, organization, or country need to reorganize resources to avoid overspending. Avoiding budgets may lead to incomplete goals and debt problems.

User Chesky
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