The name Bunyip is translated as âDevilâ or âSpiritâ and the beast has most commonly been described as some kind of lake monster said to dwell in things such as billabongs and swamps.
Unallocated money is also a convenient place to build up savings. Record your incomes as they come in, and take what you need each month. Over time you'll build up a cushion in your Unallocated that you can use to jump start your savings or pay down debt.
DEFINITION of 'Provisional Income'. The level of income that is used to determine whether a taxpayer is liable for tax on his or her Social Security benefits, and by how much. Provisional income is calculated by making certain adjustments to the taxpayer's gross income.The formula for determining provisional income is as follows:rovisional income = gross income + tax-free interest + 50% of Social Security benefits + any tax-free fringe benefits and exclusions-adjustments to income (except for the student loan deduction, tuition and fees deduction or domestic production-activities deduction). Next Up.