Personal Finance Terms

Decisions individuals make in the management of their money

• Credit Score

• Interest

• Personal Finance

• Philanthropy

The money an individual brings in

• expenses

• mutual funds

• budget

• income

Something that cost the same every month

• fixed expenses

• income rate

• Variable expense

• overdraft

The grocery bill would ususally be classified as a:

• want

• Variable expense

• fixed expense

• non-budget item

Spending more money than you have in your bank account will lead to :

• fine

• overdraft

• surplus

• savings

A plan for how money will be used.

• Credit score

• overdraft

• Credit report

• budget

Giving money for charitable purposes

• philosophy

• philanthropy

• alimony

• Real Investment

Money that is spent with the hope of making more money

• income

• philanthropy

• investment

• expenses

Putting money into something physical such as a land or house.

• Variable expense

• Real investment

• philanthropy

• Financial investment

This financial instrument is considered a safe investment insured by the FDIC

• CD

• Mutual Fund

• Bond

• Stock