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8 Cards in this Set
- Front
- Back
Disposable income
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The money you have left to spend or save after taxes have been paid.
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Financial plan
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A set of goals of spending,saving, and investing the money you earn.
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Budget
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A spending and saving plan based on your excepted income and expenses.
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Fixed expenses
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Costs you are obligated to pay at specific time,regardless of other events.
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Variable expenses
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Costs that vary in amount and type, depending on the choices you make.
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Assets
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List of items of value that a person owns.
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Liabilities
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Amounts of money owed to others.
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Net worth
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The difference between assets and liabilities.
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