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8 Cards in this Set
- Front
- Back
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Disposable income
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Money left to spend or save after taxes have been paid.
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Assets
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Items of value that a person owns.
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Financial plan
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Goals for spending, saving, and investing money you earn.
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Budget
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Spending/saving plan based on your expected income and expenses.
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Fixed expenses
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Costs your obligated to pay at a specific time
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Variable expenses
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Costs varying in amount and type.
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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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Difference between assets and liabilities.
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