diff --git a/budget.go b/budget.go
new file mode 100644
index 0000000..68b13b4
--- /dev/null
+++ b/budget.go
@@ -0,0 +1,17 @@
+package budgeteer
+
+import (
+	"time"
+)
+
+// Budget represents a budget
+type Budget struct {
+	ID               string
+	Name             string
+	LastModification time.Time
+}
+
+// BudgetService provides Methods for CRUD of Budgets
+type BudgetService interface {
+	Budget(id string) (Budget, error)
+}
diff --git a/postgres/budgets.sql b/postgres/budgets.sql
new file mode 100644
index 0000000..46b7832
--- /dev/null
+++ b/postgres/budgets.sql
@@ -0,0 +1,5 @@
+CREATE TABLE budgets (
+    id char(26),
+    name text,
+    last_modification timestamp with time zone
+);
\ No newline at end of file