Why Is It Called a Budget? It All Started with a Little Bag

why-is-it-called-a-budget-it-all-started-with-a-little-bag

We all know what a budget is—something we swear we’ll stick to, especially after overspending on coffee and impulse buys.
But have you ever thought about where the word budget even came from?

Surprisingly, it all started with a bag. A small one.

The word budget comes from the Old French bougette, which literally means “little bag.” Back in the day, this bag was used to carry coins—usually public funds for government spending. It was like a portable treasury.

When government officials opened this bougette to present financial plans, people began to associate the term with financial planning itself.
Eventually, bougette became budget—and now it’s not just about what’s in your bag, but what’s not.

Why Is It Called a Budget? It All Started with a Little Bag

So what’s in your budget bag?

Groceries? Rent? That one streaming service you forgot you signed up for?

Budgeting may not sound glamorous, but hey, it’s better than carrying all your money around in a purse hoping for the best.


Fun Fact

In the UK, when the government announces its annual financial plan, it’s still referred to as “The Budget” a nod to the old practice of presenting a literal bag filled with finance papers.

⚠️ Disclaimer: The information on this website is provided for general informational purposes only and is not intended as financial advice. Always consult with a qualified professional advisor before making any financial decisions.
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