Personal Finance CFA Review

A plan for how to manage your money is called a ?

• income

• budget

• expense

• investment

What is income?

• the amount you spent

• the amount you don't save

• money that you earn

• money that spent on expeneses

paying for something with money that is borrowed and must be paid back, usually with interest

• credit
• income
• resources
• salary

A card that borrows money but it has to be paid back

• Debit Card 
• Credit Card 
• Baseball Card 
• Pokemon Card 

amount(s) of money laid away to be used at a later time.

• spending

• savings

• credit

• income

To lend money to a person or business in order to gain more money in return.

• supply

• investing

• interest

• budget

In finance, an amount paid or charged because one borrowed money.

• supply

• interest

• investing

• budget

a level of comfort in everyday life enjoyed by a community, class, or individual

• standard of living

• goods

• service

• demand

Using your money to make more money is called _______.

• goods

• budget

• investing

• credit card

If you enjoy a high standard of living, you probably __.

• are homeless

• got an education and worked hard at your job

• work at a low-income job

• are unemployed