Hello everyone and welcome back to EnglishPod.
My name is Marco.
And my name is Catherine.
And today we have an upper intermediate level lesson all about money.
That's right.
We are going to be talking about money, but most importantly, we need to start saving money.
We need to spend less.
Exactly.
So in order to control spending today, we're talking about budgeting.
So let's take a look at this very important word in today's vocabulary preview.
Vocabulary preview.
Alright, so as you mentioned, budgeting is...
What is to budget?
To budget, that's the verb.
So budgeting is deciding how to spend your money, okay?
So that means that we prepare a plan for how to spend money.
Alright, so that can be a noun and a verb.
A budget is the plan on how you're going to spend money, and to budget is to execute this plan.
Exactly, so today we're budgeting...
A family's spending.