6th grade 1st Sem Final Review

Front

What is a budget?

Back

A plan for how money will be used

Front

What is income?

Back

Money taken in

Front

What is variable expense?

Back

An expense that costs different amounts every month

Front

What is this called?

Back

A Check

Front

a person's knowledge and work skills

Back

human capital

Front

the amount of money a person can earn by being self-employed or by doing a job for another person or business

Back

salary

Front

paying for something with money that is borrowed and must be paid back, usually with interest

Back

credit

Front

What is an emergency fund?

Back

A savings account set aside for unexpected situations.

Front

What is debt?

Back

Money you have borrowed and need to pay back

Front

Everyone makes choices about how to manage his or her money/income from a job. This is also known as what?

Back

Personal Finance