Finance & Money Management Vocabulary

What is getting the most for your money?

• net worth

• money management

• budget variance

• earned income

What is the difference between personal assets and liabilities?

• net worth

• money management

• budget variance

• earned income

What are living cost that differ each time?

• earned income

• budget variance

• exemption

• variable expense

What is a charge imposed by government?

• allowance

• tax credit

• exemption

• tax

What are items of value?

• tax

• allowance

• net worth

• personal assets

What's differences in actual and budget cost?

• allowance

• budget variance

• exemption

• fixed expense

What is money planned for budget categories?

• allowance

• budget variance

• IRA

• tax credit

What reports net wages and income with spending?

• investment income

• financial plan

• cash flow statement

• fixed expense

What is amount directly deducted from taxes?

• estate planning

• tax credit

• IRA

• tax deduction

What is amount that reduces taxable income?

• tax credit

• taxable income

• investment income

• tax deduction