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7 Cards in this Set

  • Front
  • Back
Disposable Income
The money left to spend or save after taxes have been paid
Financial Plan
A set of goals for spending, saving, and investing the money you earn
Budget
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 other events
Variable Expenses
Costs that vary in amount and type, depending on events and the choices you make
Assets
Items of value that a person owns
Liabilities
Amounts of money owed to others