Personal Finance

What does it mean to budget?

• reevaluating your savings account yearly

• an estimate of income and expenses for a set period of time

• adding up all of your income

• your financial goals

What is a budget?

• A plan for how money will not be used

• A plan for how money will be used

• The amount you spend

• The amount you save

What is income?

• The amount you spend

• The amount you don't save

• Money taken in

What is variable expense?

• The amount of money you spend

• The amount of money you save

• An expense that costs different amounts every month

• The variable in math

What are examples of financial investment?

• Houses

• Cars

• Stocks

• Bonds

What is financial investment?

• putting money into things like stocks and bonds as a way to make money in the future

• Putting things into physical things

• The first Amendment

What is interest?

• money paid by other people

• money robbed by the bank

• money paid regularly by the bank on the account

• money paid by the U.S

What is investment?

• money spent on something with the goal of making more money

• money spent on other things

• money spent on saved products

What does this represent?

• Spending money

• Spending pennies

• Saving money

• interest

What is income?

• the amount you spent

• the amount you don't save

• money that you earn

• money that spent on expeneses