Income can come from working jobs, investments, gifts, and sometimes from this type of giving usually past through generations
Inheritance
This type of expense is paid gradually over time, often accruing interest
Debt
This is the first priority expense of creating a budget
Giving
In the 5 Foundations, these are the two things that you should be paying cash for
Car & College
This type of income comes in at different amounts, different times, or both
Irregular Income
This type of expense remains the same from month to month
Fixed Spending Expense
In this type of budget, every dollar is accounted for
Zero-Based Budget
This system of budgeting separates out your spending into individual physical locations and is especially helpful for expenses like food, gas, entertainment, and shopping
Envelope System
Earnings based on a percentage of sales made is this kind of income
Commission
Large lump sum expenses that occur at various time of the year are these types of expenses
Intermittent Expense
After giving, this is the next priority in creating a budget
Saving
Along with Restaurants, Gas, Entertainment, and Personal spending, this is the most common budget category for using cash
Groceries
What a person earns after payroll taxes and other deductions are taken out is this type of income, also known as "Take Home Pay"
Net Income
Discretionary Expenses
This type of record summarizes all income and spending over a certain time period, mainly used in business accounting
Cash-Flow Statement
If you approach money with a generous spirit, you'll be this
More Grateful
This is the amount you earn before taxes and any other payroll deductions
Gross Income
Expected expenses each month that may change amounts depending on usage
Variable Expenses
While 95% of Americans say budgeting is important, only around this percentage of Americans actually budget
35%
93% of all millionaires stick to this
Their Budgets