04/06/2020
BUDGETING
HOW TO SET A BUDGET FOR YOUR FACEBOOK AD?
In the budget settings for your Facebook ad, youâll get to control a couple of important elements: How much you want to spend and when you want to start spending it. There
are further, specific customization options at this stage, too, for those eager to have even more control over the specifics of delivery.
Chosing a budget
By default, Facebook starts out suggesting a $20.00 daily budget. You can adjust this however you want, choosing either âdailyâ
or âlifetimeâ budget and also editing the amount youâre wanting to spend.
With the daily budget, the amount you set is the maximum you will spend on any given day.
With the lifetime budget, the amount you set is the maximum you will spend on the lifetime of your ad.
When you choose a lifetime budget, you will also need to set a start and end date for your ad.
The option to run the ad continuously is no longer available.
Chosing a schedule For daily and lifetime ads, you can tell Facebook when specifically youâd like the ad to run. By default,
if you are running a daily ads budget, Facebook suggests to run the ad continuously. Otherwise, you
can choose to start and end the ad on a specific day.
(Facebook runs the math here for you and tells you the maximum amount, total, you will spend)
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