Step 2: Identify core expenses
Once you've documented your expenses, you can focus on identifying the most important items. These are expenses necessary to meet your basic needs, such as rent, food costs, insurance premiums and utilities. Ideally, your core expenses should not exceed 50% of your total income.
Personal finance
Payroll management
Financial planning
Money management
Budgeting
Emergency fund
Pay off debt
To invest
Long term investment
Opportunity cost
Financial automation
Financial stability
Building wealth
Financial goals
Financial growth
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Personal finance
Payroll management
Financial planning tips
Money management strategies
Budgeting techniques
Building an emergency fund
Debt repayment methods
Investment strategies
Long-term financial planning
Understanding opportunity costs
Automation of finances
Achieving financial stability
Wealth creation
Setting financial goals
Financial growth journey

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