What is over and under budgets mean?

Question

What is over and under budgets mean?

Answer 1

So simple when you are adjusting your budget if the budget goes higher than your earning or predict so it is over budget and lower is just opposite it

Answer 2

Let's say you planned on spending $500 for your wedding dress. So, you budget $500 to spend on a wedding dress. SO you go shopping for this dress and you find one for $300 that you like. So then you're $200 under budget. But then you get it and realize it's too big. So then you go to a tailor and get it custom fitted. This costs you 300 bux. So the 300 plus the other 300 means 600. This means you're now $100 over budget.