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That won't really help me because gross income is just what a person earns before taxes and other deductions.
Yeah i spent a lot of money today. My income is not what it used to be sadly.
That store really charges a lot. ill have to update my expenses plan.
you mean the list of expenses and income along with all of my transactions over a specific time period? its alright i suppose.
well, hows your income and expense statement?
The money i receive from my job is pretty good. Maybe try increasing your gross income?
Let's talk as i show you around then.
I still have a mortgage to pay as well. It'll take a few years to pay off at this rate.
Indeed. I wanted to make sure my home and items were protected.
so as we were saying earlier, what about you net income? is that pretty good or no?
Yeah I hear you. I have saved up a lot of money for emergencies in my savings so at least there's that as backup..
What is net income? i have heard of that and net income and net loss
I really like your house. Is there insurance on it?
So net income is take home pay. net loss is when your expenses outway your total income.
And net gain is when your income is greater than your expenses.
I see. thank you for telling me about this.
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