Day-to-day activities

Income

When your incomes are predictable, you won’t be doing much with your income beyond recording deposits into the budget space checking account. The common edits for incomes include:

• entering changes to predictable income amounts such as for a pay raise,
• adding new or revised hourly work schedules, or
• adding an expected amount for an unpredictable income when the amount becomes known.

Playing "What If?" with an income could be done when you are thinking about making a change such as:

• changing jobs,
• starting a side hustle, or
• for a family event such as having a child which could involve maternity leave.

Balancing your checking account statement will be a monthly event. If you choose to use downloaded .CSV transaction files to aid in balancing, you will create a transaction file map.

Continue with "Allowance"