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BALB stands for 'Below Avg Low Budget'
It is Used in various situations.
Friend 1: What did you eat in the morning?

Friend 2: A BALB sandwich.

_____________________________

*2 Friends meet after a long time*

Friend 1: Heyy Buddy! Long time. How have you been?

Friend 2: Living a BALB life. What about you?
BALB by Jakoplasma June 1, 2018
Related Words
Balls where your boobs should be
"Woah that guy needs a bra, he has boobs."

"No, he has balbs"
Balb by balbmaster January 8, 2010
If you don't stop being a Balb imma call your momma.
Balb by Ariana Ora January 11, 2016
A balb can have one meaning, then change its meaning, but still keep its name
Balb = red
To Balbernise = make something red
Balbernised = made red
then its meaning changes
Balb = blue
To balbernise = make something blue
Balbernised = blue
Balb by ItsLondon! December 7, 2017

Zurkem balb 

When a guy pees out his butthole and craps out of his penis
(Zerr-Kim-Baaalb)
Last week I had a horrific experience with a zurkem balb
Zurkem balb by SPC_ZACKATTACK October 2, 2018

SUAQ BALB 

"Shut up and quit being a little bitch." Often used in exasperation.
A SUAQ BALB example: Jimmy was dragging behind the group and whining so we told him to SUAQ his BALBS.
SUAQ BALB by Carl's Mom July 13, 2007