Concept:A planned personal budget should keep income higher than spending so that savings are possible.
Explanation:A budget is a plan for using your income wisely.
The total amount spent, called expenditure, should not exceed the total income.
If expenditure equals income, there is no room for saving.
If expenditure is more than income, it leads to debt.
Therefore, income must be more than expenditure to cover daily needs and save for the future.
Answer:D. income is more than expenditure.