Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
Disposable Income
|
Money you have left to spend or save after taxes have been paid
|
|
Financial Plan
|
A set of goals for spending, saving, and investing the money you earn
|
|
Budget
|
A spending and saving plan based on your expected income and expenses
|
|
Fixed Expenses
|
Costs you are obligated to pay at specific times, regardless of other events
|
|
Variable Expenses
|
costs tgat vary in amount and type, depending on events and the choices you make
|
|
Assets
|
A list of items of value that a person owns
|
|
Liabilities
|
Amounts of money owed to others
|
|
Net Worth
|
The difference between liabilities and assets.
|