Personal Budget the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: b. Are the four monthly budgets that are presented prepared as static budgets or flexible budgets? c. What are the budget implications for Craig Kovar? Craig can see that his present plan sufficient cash. If Craig did not budget but went ahead with the original plan, he would be $ x at the end of December, with no time left to adjust