What context can I use each word in?
Learn when and how to use these words with these examples!
budgeted
Example
We budgeted $500 for groceries this month. [budgeted: past tense]
Example
The company has budgeted $1 million for marketing expenses next year. [budgeted: verb]
projected
Example
The sales team projected a 10% increase in revenue for the next quarter. [projected: past tense]
Example
The economist projected a decline in unemployment rates for the upcoming year. [projected: verb]
Good things to know
Which word is more common?
Budgeted is more commonly used than projected in everyday language, especially in the context of personal finance or organizational budgeting. Projected is more commonly used in business, economics, or other fields that involve forecasting or predicting future trends.
What’s the difference in the tone of formality between budgeted and projected?
While budgeted is generally associated with a more formal tone, projected can be used in both formal and informal contexts, depending on the field or subject matter.