Creating a Budget
1. Gross Income: income before deductions (deduction vary per person)
2. Net Income: take home income after deductions
*Items with an asterisk are usually deducted straight out of your gross income and remaining money is your net income.
Job Title: Detective
Mean Annual Wage (Gross Income)
Apparel & Service
1. What are the benefits of setting up a budget? You find out how much your life costs.
2. what are the disadvantages? Aren’t any.
3. What did your learn from completing a budget? I learned that a detective makes a lot of money.