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
|
Self reliance |
Not an inherited trait but an acquired skill (leads to personal finance) |
|
|
Financial success |
Obtaining the maximum benefits from limited financial resources |
|
|
Financial independence |
Having sufficient income or resources to be self reliant |
|
|
Concrete goals to shape financial plans |
-current consumption -future consumption -savings |
|
|
Principle of diminishing return |
A decreasing rate of satisfaction in relation to increasing income |
|
|
Future consumption |
Goods and services to be used in future periods |
|
|
Savings |
The portion of current income not consumed |
