Personal Finance Vocab

Personal Finance Vocab

Assessment

Flashcard

Computers

8th Grade

Hard

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20 questions

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1.

FLASHCARD QUESTION

Front

Goals are things you want to accomplish.

Back

Things you want to accomplish.

2.

FLASHCARD QUESTION

Front

When more money is spent than earned, you have a...

Back

Deficit

3.

FLASHCARD QUESTION

Front

Income before taxes and deductions.

Back

Gross Pay

4.

FLASHCARD QUESTION

Front

Discretionary income occurs when you have money left after essentials.

Back

Have money left over after paying for your needs and essentials.

5.

FLASHCARD QUESTION

Front

Commitment to a fulfilling field.

Back

Career

6.

FLASHCARD QUESTION

Front

Ability to convert financial assets to cash.

Back

Liquidity

7.

FLASHCARD QUESTION

Front

Surplus occurs when income exceeds expenses.

Back

Your income is higher than your expenses.

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