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Identify an advantage of using a database over a flat file system.
Personal Income
Refers to the total earnings received by individuals, including wages, salaries, bonuses, and income from investments.
Discretionary Income
the portion of an individual's income available for spending after the essentials (like food, shelter, and clothing) have been taken care of.
Household Budget
An estimation of revenue and expenses over a specified period for a home, serving as a plan for personal financial management.
Monthly Expenses
refer to the total costs incurred on a regular monthly basis for personal or business purposes.
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