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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.