diff --git a/x/budget/spec/01_concepts.md b/x/budget/spec/01_concepts.md
index 5330fdc..cdeb43f 100644
--- a/x/budget/spec/01_concepts.md
+++ b/x/budget/spec/01_concepts.md
@@ -4,61 +4,73 @@
 
 ## Budget Module
 
-`x/budget` is a simple Cosmos SDK module that implements budget functionality. It is an independent module from other SDK modules and core functionality is to enable anyone to create a budget plan through parameter change governance proposal. Once it is agreed within the community, voted, and passed, it uses `SourceAddress` to distribute amount of coins relative to the rate defined in the plan to the `DestinationAddress`. At each `BeginBlock`, collecting all budgets and distribution take place every `EpochBlocks`. `EpochBlocks` is a global parameter that can be modified by a governance proposal.
+`x/budget` is a simple Cosmos SDK module that implements budget functionality. 
 
-A primary use case is for Gravity DEX farming plan. A budget module can be used to create a budget plan that has `SourceAddress` for Cosmos Hub's [FeeCollector](https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/auth/types/keys.go#L15) module account which collects transaction gas fees and part of ATOM inflation. Then, `SourceAddress` plans to distribute some amount of coins to `DestinationAddress` for farming plan.
+After the module is agreed within the community, voted, and passed, the core functionality of this independent module enables anyone to create a budget plan through parameter change governance proposal. 
+
+High level overview: 
+
+- The budget module uses `SourceAddress` to distribute to the `DestinationAddress`.
+- The amount of coins is relative to the rate defined in the plan. 
+- The module collects all budgets at each `BeginBlock`.
+- Distribution takes place at every `EpochBlocks`, a global parameter that can be modified by a governance proposal.
+
+A primary use case for the budget module is for the Gravity DEX farming plan. 
+
+Use the budget module to create a budget plan that has `SourceAddress` for the Cosmos Hub [FeeCollector](https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/auth/types/keys.go#L15) module account that collects transaction gas fees and part of ATOM inflation. Then, `SourceAddress` plans to distribute some amount of coins to `DestinationAddress` for farming plan.
 
 ### Budget Plan for ATOM Inflation Use Case
 
-Cosmos SDK's current reward workflow
+The Cosmos SDK current reward workflow:
 
-- In AnteHandler
+- In AnteHandler:
 
-    - Gas fees are collected in ante handler and they are sent to `FeeCollectorName` module account
+    - Gas fees are collected in ante handler and are sent to the `FeeCollectorName` module account
 
-    - Reference the following lines of code
+    - Reference the following lines of code:
 
       +++ https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/auth/ante/fee.go#L112-L140
 
-- In `x/mint` module
+- In `x/mint` module:
 
-  - ATOM inflation is minted in `x/mint` module and they are sent to `FeeCollectorName` module account
+  - ATOM inflation is minted in `x/mint` module and is sent to the `FeeCollectorName` module account
 
-  - Reference the following lines of code
+  - Reference the following lines of code:
 
     +++ https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/mint/abci.go#L27-L40
 
     +++ https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/mint/keeper/keeper.go#L108-L110
 
-- In `x/distribution` module
+- In `x/distribution` module:
 
   - Send all rewards in `FeeCollectorName` to distribution module account
   
   - From `distributionModuleAccount`, substitute `communityTax`
 
-  - Rest are distributed to proposer and validator reward pools
+  - Remaining rewards are distributed to proposer and validator reward pools
 
-  - Substituted amount for community budget is saved in kv store
+  - Substituted amount for community budget is saved in key-value store
 
-  - Reference the following lines of code
+  - Reference the following lines of code:
 
     +++ https://github.com/cosmos/cosmos-sdk/blob/v0.44.0/x/distribution/keeper/allocation.go#L13-L102
 
-Implementation with Budget Module
+Implementation with `x/budget` module:
 
-  - A budget module is 100% independent of other Cosmos SDK's existing modules
+  - A budget module is 100% independent of all other Cosmos SDK modules
 
-  - BeginBlock processing order is the following order
+  - BeginBlock processing order is:
 
       - mint module → budget module → distribution module
 
-  - Distribute ATOM inflation and transaction gas fees to different budget purposes
+  - Distribute ATOM inflation and transaction gas fees to different budget purposes:
 
     - ATOM inflation and gas fees are accumulated in `FeeCollectorName` module account
 
     - Distribute budget amounts from `FeeCollectorName` module account to each budget pool module account
 
-    - Rest amounts stay in `FeeCollectorName` so that distribution module can use it for community fund and staking rewards distribution as what it is doing now
+    - Remaining amounts stay in `FeeCollectorName` so that distribution module can use them for community fund and staking rewards distribution (no change to current `FeeCollectorName` implementation)
 
-  - Create, modify or remove budget plans via governance process
-    - A budget plan can be created, modified or removed by parameter change governance proposal
+  - Create, modify or remove budget plans by using governance process:
+  
+    - A budget plan can be created, modified, or removed by parameter change governance proposal