The amount of your daily/weekly/monthly/annual budget that is dedicated to smut; including (but not limited to): money spent on strip clubs, happy ending massage parlors, pornographic materials, and sex toys.
“What’s your smudget?”
“Your ginormous smudget is financially sinking this household!”
“Just because ‘smudget’ is a word now, it still doesn’t make prostitution legal”
by Geswho89 November 29, 2017
Get the Smudget mug.
Smudget: A small budget
I don't have a lot of disposable income, I live on a smudget.
by Wyominggirl June 22, 2012
Get the Smudget mug.