Personal Finance

What is a budget?

• A plan for how money will not be used

• A plan for how money will be used

• The amount you spend

• The amount you save

What is income?

• The amount you spend

• The amount you don't save

• Money taken in

What is repossess?

• To not take back an item

• To take back possession of something

• To share a company

What are stocks?

• sharing something

• An ownership share in a company

• A graph with pointy arrows that are red and green

What does this represent?

• Spending money

• Spending pennies

• Saving money

• interest

What is this called?

• A Check

• A credit card

• A debit card

• Money Order

What is an emergency fund?

• A savings account set aside for unexpected situations.

• A way to invest for retirement.

• Something most people don't need, because emergencies are rare.

• An investment account that can grow over time.

money earned

• salary
• income
• purchase
• spend

a person's knowledge and work skills

• credit
• resources
• human capital
• savings

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

• salary
• scarce
• interest
• lend