The $40,000 that the Smiths have saved for an emergency isless than, more than, the same as threemonths of expenses. They have not, however, taken advantage of theemployer 401(k) plans that are ava A cash-flow budget uses the same format as a cash-flow statement. It is prepared on a monthly basis and it reflects budgeted income and expenses. In addition to the cash-flow statement, Scott and Mary 0 answers