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Ad set budget strategy
If you have set a spending limit at the campaign level, you can fine-tune its control using the budget options at the ad set level.
Ad set budgets have two main components:
1. Delivery pacing: It controls how your budget will be spent.
2. Renewal period: This controls if and how often your budget value will renew automatically.
As you select your preferred Delivery pacing and renewal period, an information box will explain how your budget will be paced according to your selections.