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;
7 Cards in this Set
- Front
- Back
Disposable income
|
the money you have left to spend or save after taxes have been paid.
|
|
A Financial Plan
|
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
|
costs you are obligated to pay at specific times, regardless of ather events.
|
|
variable expenses
|
cost that 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
|
amount of money owed to others.
|