the ability to meet your essential needs without taking on more debt than you can repay

the possession of a body of financial knowledge, a set of basic skills, and skills to make informed and responsible choices

process of organizing and using your resources to achieve predetermined objectives

tangible items that can be touched, used, and purchased, such as food or clothing

intangible activities that another person usually performs for a fee, such as cleaning services or tax preparation

necessities such as food, shelter, love, and approval

things that you would like, but they are not things that are essential such as a racing bike

beliefs about what is important and desirable and influences the way you live and think as well as your decisions and behaviors

overall structure of values and goals that guides your behavior and provides a sense of direction in your life

moral principles or beliefs that direct a person’s behavior i.e your standards for right and wrong

an objective you want to attain

related to personality and character such as being smart or relaxed

covers the endless list of things that you might want to accomplish

easy to identify and continually change such as a new phone or car

those goals that you want to reach in a short period of time such as today or next week

goals that may be attainable within the next few years

goals that may take a longer period of time to achieve such as completing school, starting a business

a value or goal that is given more importance than other values and goals

tools that you can use to reach goals

method of weighing the costs against the benefits of an action, a purchase, or a financial decision

the choice you give up when you make one choice over another

the value of the option you gave up