This can include dividends, capital gains, and rental income. It is important to include any investment income in your budget as it can have a significant impact on your overall financial situation.
Government benefits refer to financial assistance provided by the government, such as Social Security benefits, unemployment benefits, and disability benefits. These benefits should also be included in your budget as they can provide a significant source of income.
When creating a budget to get out of debt, it’s important to include all sources of income, including investment income and government benefits, so that you have an accurate picture of your overall financial situation.