Financial Literacy Chapter 6

Front

Measure of the price changes of goods and services purchased by households.

Back

Consumer price index

Front

Keeping track of your money

Back

Recordkeeping

Front

Income that doesn't vary

Back

Fixed income

Front

Report of actual cash flow activity over a given period.

Back

Cash flow statement

Front

Expenses that are the same each month.

Back

Fixed expenses

Front

Cash inflow minus cash outflow.

Back

Net cash flow

Front

Anything that brings in cash.

Back

Cash inflow

Front

A general rise in prices.

Back

Inflation

Front

Anything that takes away cash

Back

Cash outflow

Front

A plan for using your money before you receive it.

Back

Budget