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8 Cards in this Set

  • Front
  • Back
Disposable income
Is the money you have left to spend or save after taxes have been paid.
Financial Plan
Is a set of goals for spending, saving, and investing the money you earn.
Budget
Is a spending and saving plan based on your expected income and expenses.
Fixed Expenses
Are costs you are obligated to pay at specific times, regardless of other events.
Variable Expenses
Are costs that vary in amount and type, depending on events and the choices you make.
Assets
Amounts of money owed to others
Liabilities
Or debts
Net Worth
The difference between assets and liabilities.