A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending.

A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting is to:

Budget helps to aid the planning of actual operations by forcing managers to consider how the conditions might change and what steps should be taken now and by encouraging managers to consider problems before they arise. It also helps co-ordinate the activities of the organization by compelling managers to examine relationships between their own operation and those of other departments. Other essentials of budget include:

The process of calculating the costs of starting a small business begins with a list of all necessary purchases including tangible assets (for example, equipment, inventory) and services (for example, remodeling, insurance), working capital, sources and collateral. The budget should contain a narrative explaining how you decided on the amount of this reserve and a description of the expected financial results of business activities. The assets should be valued with each and every cost. All other expenses are like labour factory overhead all freshmen expenses are also included into business budgeting.

Chidambaram Palaniappan (born 16 September 1945) is an Indian politician with the Indian National Congress and the current Union Minister of Home Affairs of the Republic of India. Previously he was the Finance Minister of India from May 2004 to November 2008. However, after the resignation of Shivraj Patil, Chidambaram was made the Home Affairs Minister.

Chidambaram was born to Kandanur L. Ct. L. Palaniyappa Chettiar and Mrs. Lakshmi Achi in Kanadukathan in the Sivaganga District, in the state of Tamil Nadu, India. He was born into the royal family of Chettinad. Chidambaram did his schooling from the Madras Christian College Hr.Sec.School, Chennai. After graduating with a Bachelor of Science (B.Sc.) degree in Statistics from The Presidency College, Chennai, he completed his Bachelor of Laws (LL.B.) from the Madras Law College currently Dr. Ambedkar Government Law College, Chennai, and his Masters in Business Administration (M.B.A.) from Harvard Business School class of 1968. He also holds a Masters from Loyola College, Chennai.

John F. Stossel (born March 6, 1947) is an American consumer reporter, investigative journalist, author and libertarian columnist. In October 2009 Stossel left his long time home on ABC News to join the Fox Business Channel and Fox News Channel, both owned and operated by News Corp. He hosts a weekly news show on Fox Business, Stossel, which debuted on December 10, 2009. The show airs in prime time every Thursday, repeating on both Saturdays and Sundays. Stossel also regularly provides signature analysis, appearing on various Fox News shows, including weekly appearances on The O'Reilly Factor, in addition to writing the Fox News Blog, "John Stossel's Take".

Stossel practices advocacy journalism, often challenging conventional wisdom. His reporting style, which is a blend of commentary and reporting, reflects a libertarian political philosophy and his views on economics are largely supportive of the free market.

In his decades as a reporter, Stossel has received numerous honors and awards, including nineteen Emmy awards and has been honored five times for excellence in consumer reporting by the National Press Club. John Stossel is doctor honoris causa from Universidad Francisco Marroquín. Stossel has written two books recounting how his experiences in journalism shaped his socioeconomic views, Give Me a Break in 2004 and Myths, Lies, and Downright Stupidity in 2007.

Edward Samuel Miliband (born 24 December 1969) is a British Labour Party politician, currently the Leader of the Labour Party and Leader of the Opposition. He has been the Member of Parliament (MP) for the South Yorkshire constituency of Doncaster North since 2005 and served in the Cabinet from 2007 to 2010 under Prime Minister Gordon Brown. He and his brother, David Miliband, were the first siblings to sit in the Cabinet simultaneously since Edward, Lord Stanley, and Oliver Stanley in 1938.

Born in London, Miliband graduated from Corpus Christi College, Oxford and the London School of Economics, becoming first a television journalist and then a Labour Party researcher, before rising to become one of Chancellor Gordon Brown's confidants and Chairman of HM Treasury's Council of Economic Advisers.

As Prime Minister, Gordon Brown appointed Miliband as Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster on 28 June 2007. He was subsequently promoted to the new post of Secretary of State for Energy and Climate Change, a position he held from 3 October 2008 to 11 May 2010. On 25 September 2010, he was elected Leader of the Labour Party.

Russell Edward Brand (born 4 June 1975) is an English comedian, actor, columnist, singer, author and radio/television presenter.

Brand achieved mainstream fame in the UK in 2004 for his role as host of Big Brother spin-off, Big Brother's Big Mouth. His first major film role was in the 2007 film St Trinian's. He became known to American audiences when he got a major role in Forgetting Sarah Marshall which led to a starring role in 2010's Get Him to the Greek. He has also been a voice actor for animated films such as 2010's Despicable Me and the 2011 film Hop. He starred in the 2011 remake of the 1981 Dudley Moore film Arthur.

Brand is noted for his eccentricity and his controversies in the British media, including his dismissal from MTV for dressing up as Osama bin Laden and controversies while presenting at various award ceremonies, as well as his former substance abuse. The 2008 prank telephone calls he made to Andrew Sachs while co-hosting The Russell Brand Show with Jonathan Ross led to his resignation from the BBC and major policy changes in that organisation. His prior drug use, alcoholism and promiscuity influenced his comedic material and public image. He married American pop singer Katy Perry in October 2010, and filed for divorce from her in December 2011; the divorce was finalised in 2012.