Incomes
Expenses
Budgets
Spending
100

Income can come from working jobs, investments, gifts, and sometimes from this type of giving usually past through generations

Inheritance

100

This type of expense is paid gradually over time, often accruing interest

Debt

100

This is the first priority expense of creating a budget

Giving

100

In the 5 Foundations, these are the two things that you should be paying cash for

Car & College

200

This type of income comes in at different amounts, different times, or both

Irregular Income

200

This type of expense remains the same from month to month

Fixed Spending Expense

200

In this type of budget, every dollar is accounted for

Zero-Based Budget

200

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

300

Earnings based on a percentage of sales made is this kind of income

Commission

300

Large lump sum expenses that occur at various time of the year are these types of expenses

Intermittent Expense

300

After giving, this is the next priority in creating a budget

Saving

300

Along with Restaurants, Gas, Entertainment, and Personal spending, this is the most common budget category for using cash

Groceries

400

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

400
These are all nonessential expenses

Discretionary Expenses

400

This type of record summarizes all income and spending over a certain time period, mainly used in business accounting

Cash-Flow Statement

400

If you approach money with a generous spirit, you'll be this

More Grateful

500

This is the amount you earn before taxes and any other payroll deductions

Gross Income

500

Expected expenses each month that may change amounts depending on usage

Variable Expenses

500

While 95% of Americans say budgeting is important, only around this percentage of Americans actually budget

35%

500

93% of all millionaires stick to this

Their Budgets