Net Income
Planning & BudgetingYour take-home pay after all taxes, deductions, and withholdings — the actual money available for spending and saving.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding net income is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.