Their monthly cash outflow is generally about $3,000. They have a balance of $2,000 in their savings account. Justin has retirement contributions taken out of his paycheck at work. They have renter s, car and life insurance coverage. Based on this information, managing income should Justin and his wife work on.

Financing is the act of providing funds for business activities, making purchases or investing.

Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price.

Income Management is a way to help you manage your money to meet essential household needs and expenses.