1. money owed to another person or company

a person or organization that uses a product or service

all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time

he granting of a loan and the creation of debt; any form of deferred payment

1. the percentage of principal charged by the lender for use of its money​​​​​​​

1.  person or entity that charges borrowers interest rates above an established legal rate​​​​​​​

the additional cost a lender charges for borrowing their money

1. the amount by which the value of a person’s assets exceeds or falls behind the value of their liabilities

1.  plan of action that allows a person to meet not only their immediate needs but also their long-term goals

1. the cost of goods or services; money paid out

1. what a person earns after payroll taxes and other deductions are taken out; often referred to as take-home pay

the dollar value of a person’s liabilities is larger than the value of their assets

the dollar value of a person’s assets is greater than the dollar value of their liabilities

1. the knowledge and skill base necessary for people to be informed consumers and manage their finances effectively

1.  anything that is owned by an individual, including money in the bank or investments

1. Financial debts or obligations