Income is essential because it provides the money you spend. There are many ways to get income. Where does yours come from?
- salary and wages
- spending money from parents or guardians
Which of your income sources could you increase? Could you find an after-school or a summer job? Could you do odd jobs for neighbors or friends? If you’re asked what you’d like for a birthday or holiday, could you request cash instead of presents?
To figure the income side of your budget, you simply list an amount for each source of income. When you add these amounts, you’ll have your total income. You can do that now if you want.