Dollars and Sense Review NHS

Front

Which term refers to the money received, especially on a regular basis, for work or through investments?

Back

Income

Front

Which term refers to the amount of money that is taken out of an employee's paycheck for taxes?

Back

Withholding

Front

What is the term for the total amount of money required to live, including housing, food, taxes, and other necessities?

Back

Cost of Living

Front

What is the definition of a consumer?

Back

One that utilizes economic goods

Front

What is compound interest?

Back

Earning interest on the principal plus the interest you have already earned

Front

What is a mortgage?

Back

A conveyance of or lien against property that becomes void upon payment or performance according to stipulated terms.

Front

What is personal finance?

Back

Financial issues that can affect an individual

Front

What is the definition of 'Assets'?

Back

Anything such as cars, our home, collections, or savings that are of monetary value

Front

What does 'Budget' refer to?

Back

A plan for spending

Front

What is 'Cash Flow'?

Back

The cycle of money available in the form of income and then spent on expenditures