Microsoft Excel offers a wealth of pre-built templates that simplify this process, providing a quick and efficient way to track income and expenses.

What's left? If we subtract all of these expenditures from the average household's $74,664 annual pretax income, we find that there's $6,863 left over.

The British Royal Household released its annual financial statement on Thursday, revealing that official spending for the year 2022-2023 exceeded the Sovereign Grant and other royal earned income.

Let's delve into how investing in this ETF could turn $500 per month into annual passive income of $42,650. There are three assumptions made to arrive at this income figure.

What's left? If we subtract all of these expenditures from the average household's $74,664 annual pre-tax income, we find that there's $6,863 left over.