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Estimate and Enter Gross Income
Microsoft Money Spending and Saving Budget

From , former About.com Guide

Remember to include all sources of income in your budget.
Include all sources of income in your budget.<

Estimating Gross Income for Microsoft Money Budget

Screen Shot by Shelley Elmblad
Enter your monthly gross income into the Savings and Spending Budget one of two ways:

  • click on Monthly gross household income and enter your estimated income for each month in the income box.
  • Or, Click on Annual gross household income to enter total yearly gross income in the income box below.

Gross Income Calculation Tool
If you need to calculate either monthly or annual gross income, click on the on the blue box with the downward pointing arrowhead next to the income box.

Include all income in your gross income: salary, self-employment income and wages, bonuses, commissions, dividends, retirement income, child support, gifts of money and any other income you anticipate.

If you track net pay in Microsoft Money, you still need to estimate and enter your gross income. You can adjust the Savings and Spending Budget for net income after you complete your budget set up in Microsoft Money.

Click Next to set up your savings goals.

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