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Fill out the boxes in yellow. The calculated monthly and annual total will automatically be completed.
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Type of Income: This could be a salary from employment, profit from rental properties, side job earnings, etc.
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Take-Home Payment: The amount that actually goes into your account with each payment after deductions is what we want to focus on.
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Frequency of Payment: How often are you paid?
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· Weekly = 52 payments
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· Every other week = 26 payments
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· Monthly = 12 payments
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· Twice a month (e.g., the 1st and 15th) = 24 payments
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Income
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Type of IncomeIncome NameTake Home MoneyFrequency of Payment Per YearCalculated Monthly paymentCalculated Annual Take Home Payment
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EmploymentLiza's Bakery$1,89026$4,095$49,140
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Total Monthly and Annual Payment
$0$0
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