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Any amount of money that comes into your household should be considered income. That means you should include the following income categories when planning out your monthly budget.
No matter how much money you make or how much debt you’re in, make it a priority to give at least 10% of any income you receive.
In the savings category, I recommend aiming to save at least 20% of your income if you’re debt-free.
Speaking of debt, in this category include any expenses that are owed to other people.
Next, include your monthly bills that come each and every month that aren’t considered debt.