Money Matters - Vocabulary CSA LC7

Having the knowledge and skills to make responsible decisions about how to earn, spend, and save money.

• invest

• money management

• budget

• universal need

Related to where we live, our individual growth and happiness, or our roles in society. ______________ allow us to thrive.

• personal needs

• money management

• financial literacy

• universal needs

The things you need to pay for

• personal needs

• invest

• tracking

• expenses

A plan for how much a person will spend and what they will buy for a certain period of time

• income

• invest

• budget

• expenses

The basic necessities we need to survive.

• want

• high priority personal need

• universal need

• personal need

Items that may seem important at first, but are fleeting and not connected to your goals

• want

• low priority personal need

• universal need

• personal need

Writing down everything you earn and spend money on

• expenses

• tracking

• income

• financial literacy

The amount of money you earn or receive

• expenses

• tracking

• income

• financial literacy

The ability to understand the "language" of money

• invest

• money management

• tracking

• financial literacy

To put money towards something in hope of getting more money in return over a period of time

• invest

• money management

• budget

• financial literacy