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Q: What is plan saving and spending your income called?
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Why is planned investment called an injection?

Planned investment is called an injection because it refers to new spending or investment that is added to the circular flow of income and expenditure in an economy. It injects additional income and spending into the economy, stimulating economic activity and potentially increasing aggregate demand. In contrast, unplanned changes in inventory levels are called leakages because they remove income and spending from the circular flow.


What is expense budget?

a plan for saving and spending different amounts of money during a given time period


What is the government's plan for raising money and spending for a year called?

Deficit plan


The congressional plan for spending money is called a?

Budget


What is the plan for rising and spending money called?

Budget


A plan for spending saving and earning?

Spending Goals. Before you decide where your money really must go, you need to determine your goals.


What type of plan allows you to meet your financial goals with an appropriate spending and saving system?

A budget is a type of plan that allows people to meet their financial goals with an appropriate spending and saving system. A budget will also allow people to save up for unexpected expenses and luxury items they might want.


What should be included in your retirement plan?

Your retirement plan should include a clear financial goal, a timeline for achieving it, a budget for saving and investing, an analysis of your current financial situation, a diversified investment strategy, and a plan for managing inflation and taxes. It's also important to regularly review and adjust your plan as needed.


What is for a plan for raising and spending money?

The word is budget. It means an estimate of income and expenditure for a set period of time.


The Ferderal Government Plan for taxing and spending is called what?

The federal budget.


What is a good age to start saving for a 401 k retirement plan?

It is recommended to start saving for a 401(k) retirement plan as early as possible, ideally in your 20s or early 30s. The power of compounding over time can significantly increase your retirement savings. Starting early also allows you to take advantage of employer matching contributions and maximize the growth potential of your investments.


At what age should a person start thinking about a 401k plan?

There is no right or wrong when it comes to when you should start saving in a 401k plan. But most of the people begun their 401k saving plan when they entered the work force. I also recommend you to save 10-15% of your income.