The three main components of personal finance are income, spending and savings. Income is the starting point of personal finance. It is the entire amount of cash inflow that one receives and can ＿＿（6）＿＿ to expenses, savings, investments, and protection. Income includes salaries, wages, dividends, and other sources of cash inflow. Spending is an outflow of cash and typically ＿＿（7）＿＿ the bulk of income goes. Spending is whatever an individual uses their income to buy, which includes rent, mortgage, groceries, hobbies, eating out, home furnishings, home repairs, travel, and entertainment. ＿＿（8）＿＿ manage spending is a critical aspect of personal finance. Individuals must ensure their spending is less than their income; otherwise, they won't have enough money to cover their expenses ＿＿（9）＿＿ will fall into debt. Debt can be devastating financially, particularly with the high interest rates credit cards charge. Savings are the income left over after spending. Everyone should aim to have savings to cover large expenses or emergencies. However, this means not using all one's income, which can be difficult. ＿＿（10）＿＿ the difficulty, everyone should strive to have at least a portion of savings to meet any fluctuations in income and spending—somewhere between three and twelve months of expenses.