diff --git a/app/controllers/budgets_controller.rb b/app/controllers/budgets_controller.rb
new file mode 100644
index 000000000..db05aafea
--- /dev/null
+++ b/app/controllers/budgets_controller.rb
@@ -0,0 +1,13 @@
+class BudgetsController < ApplicationController
+
+  load_and_authorize_resource
+  respond_to :html, :js
+
+  def show
+  end
+
+  def index
+    @budgets = @budgets.order(:created_at)
+  end
+
+end
diff --git a/app/helpers/budget_helper.rb b/app/helpers/budget_helper.rb
new file mode 100644
index 000000000..47dbbca98
--- /dev/null
+++ b/app/helpers/budget_helper.rb
@@ -0,0 +1,8 @@
+module BudgetHelper
+  def format_price(budget, number)
+    number_to_currency(number,
+                       precision: 0,
+                       locale: I18n.default_locale,
+                       unit: budget.currency_symbol)
+  end
+end
diff --git a/app/models/abilities/common.rb b/app/models/abilities/common.rb
index 0d1bfd4b9..f2c5ec720 100644
--- a/app/models/abilities/common.rb
+++ b/app/models/abilities/common.rb
@@ -18,9 +18,6 @@ module Abilities
       end
       can [:retire_form, :retire], Proposal, author_id: user.id
 
-      can :read, SpendingProposal
-      can :read, Budget::Investment
-
       can :create, Comment
       can :create, Debate
       can :create, Proposal
diff --git a/app/models/abilities/everyone.rb b/app/models/abilities/everyone.rb
index 21e142c05..327210de8 100644
--- a/app/models/abilities/everyone.rb
+++ b/app/models/abilities/everyone.rb
@@ -6,6 +6,8 @@ module Abilities
       can [:read, :map], Debate
       can [:read, :map, :summary], Proposal
       can :read, Comment
+      can :read, Budget
+      can :read, Budget::Investment
       can :read, SpendingProposal
       can :read, Legislation
       can :read, User
diff --git a/app/models/budget.rb b/app/models/budget.rb
index b234a8b73..dfcba3214 100644
--- a/app/models/budget.rb
+++ b/app/models/budget.rb
@@ -1,8 +1,11 @@
 class Budget < ActiveRecord::Base
 
+  include Sanitizable
+
   VALID_PHASES = %W{on_hold accepting selecting balloting finished}
 
   validates :phase, inclusion: { in: VALID_PHASES }
+  validates :currency_symbol, presence: true
 
   has_many :investments
   has_many :ballots
diff --git a/app/views/budgets/index.html.erb b/app/views/budgets/index.html.erb
new file mode 100644
index 000000000..d1f9ebd63
--- /dev/null
+++ b/app/views/budgets/index.html.erb
@@ -0,0 +1,7 @@
+<h1>Budget Index</h1>
+
+<ul>
+<% @budgets.each do |budget| %>
+  <li><%= link_to budget.name, budget %></li>
+<% end %>
+</ul>
diff --git a/app/views/budgets/show.html.erb b/app/views/budgets/show.html.erb
new file mode 100644
index 000000000..13574d802
--- /dev/null
+++ b/app/views/budgets/show.html.erb
@@ -0,0 +1,15 @@
+<h1><%= @budget.name %></h1>
+
+<div><%= @budget.description %></div>
+
+<ul>
+  <li><%= link_to budget_investments_path(budget_id: @budget.id, heading_id: nil) do %>
+    No heading (<%= format_price(@budget, @budget.price) %>)
+  <% end %></li>
+  <% @budget.headings.each do |heading| %>
+    <li><%= link_to budget_investments_path(budget_id: @budget.id, heading_id: heading.id) do %>
+      <%= heading.name %> (<%= format_price(@budget, heading.price) %>)
+    <% end %>
+    </li>
+  <% end %>
+</ul>
diff --git a/config/routes.rb b/config/routes.rb
index a2035a0b7..bcc6b7b84 100644
--- a/config/routes.rb
+++ b/config/routes.rb
@@ -69,6 +69,12 @@ Rails.application.routes.draw do
     end
   end
 
+  resources :budgets, only: [:show, :index] do
+    resources :investments, controller: "budgets/investments", only: [:index, :new, :create, :show, :destroy] do
+      member { post :vote }
+    end
+  end
+
   scope '/participatory_budget' do
     resources :spending_proposals, only: [:index, :new, :create, :show, :destroy], path: 'investment_projects' do
       post :vote, on: :member
diff --git a/spec/features/budgets_spec.rb b/spec/features/budgets_spec.rb
new file mode 100644
index 000000000..4293ef159
--- /dev/null
+++ b/spec/features/budgets_spec.rb
@@ -0,0 +1,18 @@
+require 'rails_helper'
+
+feature 'Budgets' do
+
+  scenario 'Index' do
+    budgets = create_list(:budget, 3)
+    visit budgets_path
+    budgets.each {|budget| expect(page).to have_link(budget.name)}
+  end
+
+  scenario 'Show' do
+    budget = create(:budget)
+    heading = create(:budget_heading, budget: budget)
+    visit budget_path(budget)
+    expect(page).to have_content(budget.name)
+    expect(page).to have_content(heading.name)
+  end
+end