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Where should your income go?

Updated: 9/16/2023
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Q: Where should your income go?
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What Percent of a business income should go to expenses?

60%


How is Loss of Income Insurance calculated?

I don't know how insurance calculate it, i think they should go after gross income instead of net income


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What percentage of your income should go towards mortgage?

Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.


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What should you consider in regards to retirement income?

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If you have budgeted 2.3 percent of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?

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Where do you enter imputed income on your tax forms?

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