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PLEASE explain in depth with examples.note i need i new answer. 1) Income refers to a source of cash inflow that an individual receives and

PLEASE explain in depth with examples.note i need i new answer.

1) Income refers to a source of cash inflow that an individual receives and then uses to support themselves and their family. It is the starting point for our financial planning process. Explain the role of income in achieving your personal financial goals? Support your answer with examples?

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