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Synopsis

The Importance Of Creating Your Own Personal Budget

• A budget contains a list of your planned and actual expenses and your income, which includes all of the money you receive from work, government and investments.
» Income does not include sources of credit.
• Using a budget helps you see exactly how you are spending your money so that there are no surprises.
• A budget benefits you, so it is important to be honest with yourself when you are creating your budget.

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