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WorksheetsBudgeting Vocabulary
Total questions: 20
Worksheet time: 10mins
Shortness of Supplies. Less than needed.
Variable Expenses
Scarcity
Mutual Funds
Benefits
An advantage or something that helps you.
Investing
Credit Cards
Credit
Benefits
Expenses that vary over time.
Fixed Expenses
Variable Expenses
Mortgages
Interest
Individuals purchase part of a corporation.
Stock Market
Benefits
Trade Offs
Stocks
To put money to use by buying a part of something, so that you may have profitable returns.
Investing
Interest
Opportunity Cost
Financial Planning
The next best choice you could have taken.
Costs
Trade Offs
Opportunity Cost
Budgeting
Money charged for the use of money.
Budget
Interest
Investing
Credit
Money borrowed against a home or land; must be paid back with interest.
Line of Credit
Mutual Funds
Resources
Mortgage
The price paid to get a good or service.
Opportunity Cost
Costs
Trade Offs
Financial Planning
A card allowing someone to make a purchase on borrowed money.
Credit Card
Stocks
Credit
Investing
To plan your money, and how it will be used, how much will be invested compared to how much you plan on earning.
Budgeting
Mortgage
Fixed Expenses
Variable Expenses
Things you have to give up when you make a particular choice.
Benefits
Credit Cards
Trade Offs
Resources
Expenses which are the same month after month.
Fixed Expenses
Variable Expenses
Mutual Funds
Personal Investments
A place where stocks and bonds are traded.
Personal Investments
Stocks
Resources
Stock Market
Buy now, Pay later
Investing
Credit
Budgeting
Interest
The making of a program to manage finances through budgeting and investment.
Opportunity Cost
Personal Investments
Mortgage
Financial Planning
Money that can be borrowed as you need it, which must be paid back with interest; often secured by property.
Mutual Funds
Scarcity
Line of Credit
Financial Planning
A person sets his/her money aside for future income to meet long-term goals.
Personal Investments
Opportunity Cost
Mutual Funds
Credit Cards
A source of supply, support, or aid; one that can be called on when needed.
Trade Offs
Stocks
Credit Card
Resources
People pool their money together to buy a variety of stocks.
Scarcity
Mutual Funds
Opportunity Cost
Variable Expenses
