Your monthly income is the Sum of all the Profits you've made within that month. (((Typically Within a 28day Time-Frame)))
Your monthly expense is the sum of your necessity bills. These are expenses that support your Livelihood (Car Note, Car/Home/Business Insurance, Mortage/Rent, Phone Bill, Light Bill, Water Bill, Groceries, etc.)
Monthly Income - Monthly Expense = CashFlow
My CashFlow is |
$0 | ||
| Monthly Income | $0 | Monthly Expense | $0 |
|---|---|---|---|
| The "Check for Check" Approach Income for the Month | $ |
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| The "Selling a Product" Approach Total Net Profit for the Month | $ |
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| The "Providing a Service" Approach Total Net Profit for the Month | $ |
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| The "Invest, Sit Back and Collect a Check" Approach Total Net Profit for the Month | $ |
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| My Daily Spending Budget |
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| If there's 28 days in that Month | $0 |
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| If there's 29 days in that Month | $0 |
$
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| If there's 30 days in that Month | $0 |
$
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| If there's 31 days in that Month | $0 |
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