Personal Finance Terms

commission

• money received from work, investments, or other financial support

• money earned as a percentage of a sale or service

• financial obligations, such as bills

money received from work, investments, or other financial support

•  mortgage

•  expenses

•  income

the lowest wage permitted by law; in the U.S., $7.25 an hour

• minimum wage

•  saving

•  expenses

 mortgage

• money which one has on-hand that can be freely spent

• house payment

• a plan for spending and saving one’s income

wage, salary

•  money owed

• an individual, bank, or company who loans money

• terms for one’s work-related financial earnings

a plan for spending and saving one’s income

•  budget

•  expenses

• commission

 financial obligations, such as bills

•  saving

• commission

•  expenses

 savings

• money set aside for later use or in case of emergencies

•  terms for one’s work-related financial earnings

• financial obligations, such as bills

money owed

•  liquid

•  income

• debt

a loan of money to be paid back with interest

•  credit

•  budget

•  savings