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7 Cards in this Set
- Front
- Back
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Financial Literacy |
The ability to use knowledge and skills to manage financial resources effectively. |
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Income |
Money you have coming in |
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Fixed Expenses |
Monthly expenses that don't change. Ex. Rent, Car insurance, health care, phone bill etc |
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Need |
Something that is necessary to spend money on. Something you can't do without. |
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Want |
Something you would like to have, but can live without. |
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Credit Score |
A e digit number that can make or break your "worthiness" for getting loans, a car, house, etc . |
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Variable Expenses |
Expenses that may change, such as food and entertainment . |
