Why is it important to know your income?

beacuse you need to plan and see what you can do. Democrats hate that and so waste money

Step-by-step explanation:

The reason why it is important to know your income is because when you are budgeting for things like life expenses, it's a key essential to basically know your total income weather it is of the month or of the year. Although we have to understand another important thing about income which is the gross annual income, which is how it will be relating to a person's net income, this will also make your financial life a lot more easier.