Budgeting, Banking, and Money Management

helps you figure out how much you can spend, save, and give to charity on a given income.

money left over after allocating money to needs.

expenses that you pay regularly

expenses that are the same every month

expenses that change in amount

when your expenses and savings are below your income

when expenses and savings exceed the income number

a financial institution that takes deposits and makes loans to everyday citizens

refers to the ease of converting an investment into cash

 a government agency that will guarantee deposit—up to $250,000 per person—if a bank goes bankrupt (FDIC)