View Single Post
  #25 (permalink)  
Old 09-16-2005, 03:25 PM
meaghanchan meaghanchan is offline
$ Saving HS Senior
 
Join Date: Aug 2005
Location: NYC
Posts: 256
Points: 2558.60
Donate
Default Re: Finally have a budget, in the 'black'!

To me, you can have a budget period in the black (which means you're spending less than you make)

and yet not be, personally, in the black (if your debts exceed your assets).

I think you have to differentiate. They're two different things- One which is a factor of earnings vs. spending within a certain time frame, the other which is a factor of earnings vs. spending over your entire lifetime.
Reply With Quote