Personal Finance Flashcard

Front

money earned or received

Back

Income

Front

________ is the total amount of money you earn.

Back

gross income

Front

What type of income does Alyssa's total amount of $75.62 describe?

Back

Net Income

Front

The best description of a budget is which of the following? A financial tool for consumers who have very little money. A plan for savings and spending your money. A set of restrictions on how to get a boat and jet ski before your neighbors A statement of your assets and liabilities.

Back

A plan for savings and spending your money.

Front

How many weeks of saving will it take to move out? Your income is $228.75 per week and your total moving expenses are $4,680.

Back

21

Answer explanation

Moving Expenses / Weekly Savings = Weeks

Tags

Move Out: How Long