Chapter 10- Game Review

Front

Money received, including from earnings, benefits and pensions, and other resources.

Back

Income

Front

Involves putting money aside in a safe place for future use, such as a bank account or certificate of deposit (CD).

Back

Savings

Front

Involves buying assets like stocks, bonds, mutual funds, or real estate with the expectation of making a profit.

Back

Investing

Front

An amount of money needed or used to do or buy something; cost.

Back

Expenses

Front

An expense, or money paid out from an account.

Back

Debit

Front

What are the in 5 Steps to Financial Planning?

Back

Develop Personal Goals, Identify &Evaluate Alternatives for Achieving Goals for My Situation, Write My Financial Plan, Implement the Plan &Monitor and Adjust the Plan