Budgeting

6. The money left after taxes that can be used for spending or saving.
7. Costs that change from month to month, like groceries, entertainment, and utilities
9. Money owed to lenders, such as credit card balances, student loans, or car loans.
10. Money earned from work, investments, or other sources
11. essential for survival

1. Costs that stay the same each month, such as rent, car payments, and insurance
2. Spending on non-essential expenses, such as dining out, shopping, and hobbies
3. Money set aside for future use, such as emergencies, big purchases, or investments.
4. non-essential items
5. A savings account used for unexpected expenses, like medical bills or car repairs.
8. A financial plan that outlines income and expenses over a specific period