Financial Literacy Chapter 6

Measure of the price changes of goods and services purchased by households.

• Consumer price index
• Cash flow statement
• Net cash flow
• Recordkeeping

Keeping track of your money

• Budget
• Cash flow statement
• Inflation
• Recordkeeping

Income that doesn't vary

• Fixed expenses
• Fixed income
• Consumer price index
• Cash inflow

Report of actual cash flow activity over a given period.

• Consumer price index
• Net cash flow
• Cash flow statement
• Cash inflow

Expenses that are the same each month.

• Fixed expenses
• Cash outflow
• Budget
• Net cash flow

Cash inflow minus cash outflow.

• Cash flow statement
• Consumer price index
• Net cash flow
• Recordkeeping

Anything that brings in cash.

• Cash flow statement
• Cash inflow
• Fixed income
• Net cash flow

A general rise in prices.

• Inflation
• Recordkeeping
• Consumer price index
• Budget

Anything that takes away cash

• Fixed expense
• Cash inflow
• Cash outflow
• Inflation

A plan for using your money before you receive it.

• Recordkeeping
• Consumer price index
• Cash flow statement
• Budget